What is another word for credit union?

Pronunciation: [kɹˈɛdɪt jˈuːni͡ən] (IPA)

Credit union is a term used to describe a financial institution that is owned by its members and provides services such as loans, savings, and checking accounts. However, there are many other synonyms for the term credit union that are used interchangeably. Some common alternatives include cooperative bank, member-owned bank, community bank, and mutual bank. Each of these terms reflects the same concept of a financial institution with a focus on member ownership and community-oriented service. Additionally, the term credit union may also be used to refer to specific types of credit unions, such as federal credit unions or state-chartered credit unions, which are regulated differently.

Synonyms for Credit union:

What are the hypernyms for Credit union?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Credit union?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

Famous quotes with Credit union

  • A credit union is not an ordinary financial concern, seeking to enrich its members at the expense of the general public. Neither is it a loan company, seeking to make a profit at the expense of the unfortunates… The credit union is nothing of the kind; it is the expression in the field of economics of a high social ideal.
    Alphonse Desjardins

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