Meaning of credit union
Credit union
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Economics terminology
Glossary of economics terms and concepts
Meaning and definition of credit union
An association of persons who have a common tie (such as being employees of the same firm or members of the same labor union) that sells shares to (accepts deposits from) its members and makes loans to them.
For the term credit union may also exist other definitions and meanings, the meaning and definition indicated above are indicative not be used for medical and legal or special purposes.
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