credit unions are cooperative organizations whose members place money in savings accounts. In the past, credit unions made only short-term consumer and home improvement loans. Recently, however, they have branched out to originating longer-term first and second mortgages and deed of trust loans. (See noninstitutional lenders).
Barry Goldsmith
| APA | Barry Goldsmith. (2010). credit unions. Retrieved September 21, 2026, from http://smartdefine.org/credit_unions/definitions/1151137 |
| Chicago | Barry Goldsmith. 2010. "credit unions" http://smartdefine.org/credit_unions/definitions/1151137 (accessed September 21, 2026). |
| Harvard | Barry Goldsmith 2010, credit unions, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/credit_unions/definitions/1151137>. |
| MLA | Barry Goldsmith. "credit unions" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/credit_unions/definitions/1151137> |