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词汇 credit-union
释义 credit union
noun[ C ]
uk /ˌkred.ɪt ˈjuː.ni.ən/ us /ˌkred.ɪt ˈjuː.ni.ən/
an organization that lends money to its members at low rates of interest信用合作社
SMART Vocabulary: related words and phrases

Banks
anti-city
apex
bank
bank balance
bank manager
bank statement
banker
building society
cash drawer
challenger bank
clearing bank
investment bank
open an account
pay something in
pin
quantitative easing
statement
stop a chequephrase
the Bank of England
the Square Mile

credit union | American Dictionary


credit union
noun[ C ]
us/ˈkred·ɪt ˌjun·jən/
an organization that lends money to its members at low rates of interest (= extra money)

credit union | Business English


credit union
noun[ C ]
 FINANCEukus(alsocredit society)
a financial organization that is owned and controlled by its members, who can borrow at low interest rates from the money they have saved as a group:
To take out a loan, a customer must first be a member of the credit union by opening a savings account with a minimal balance.
Credit unions are worth considering if you are unhappy with your existing bank or building society.

Examples of credit union


credit union
Has there been any distinction between that income when distributed to members and the internal profits of a creditunion?
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
A second factor is that a well-run creditunion is more than simply a savings and loan club.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
But if a creditunion is not eligible for registration, or if it is de-registered, the point may become somewhat acute.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
We are told that the profits of a registered creditunion are not to be sub- ject to corporation tax or income tax.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
Membership of a creditunion could enable such people to keep a line open to cheap credit facilities.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
These will be significant in some areas, such as removing the requirement for a creditunion to demonstrate the existence of a common bond.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
There is one exception to the "common bond" requirement for joining a creditunion.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
It is good that we have already heard one of the answers to the problems: the growth of the creditunion movement.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
Moreover, community groups are debarred from using the local community creditunion to deposit funds.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
Every local authority should have a creditunion officer.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
Does she agree, however, that the term "creditunion" is itself problematic, because for many people it implies getting into debt?
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
One of the report's recommendations is the establishment of a new central services organisation to assist the growth of the creditunion movement.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
I believe that, when the consultation has finished, there will be good news for my colleagues in the creditunion movement.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
Moreover, such an organisation could make arrangements with the banks to ensure a lender of last resort for the creditunion.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
The tragedy in this country at the moment is that too few people have access to a creditunion.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
See all examples of credit union
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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