credit union Meaning and Definition
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English Translation for credit union
credit union
کریڈٹ اتحاد
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English definition for credit union
1. n. a cooperative depository financial institution whose members can obtain loans from their combined savings
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A credit union is a member-owned financial cooperative, democratically controlled by its members, and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members.
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