MLchartDataset catalogue

Credit union

Term · Law · MLC-T-LAW-001398

A member-owned financial cooperative that provides banking and financial services to its members. Unlike commercial banks, credit unions are non-profit organizations and are typically focused on serving a specific community or group. They are regulated by federal or state agencies, such as the National Credit Union Administration (NCUA) in the United States.

Table 1. Record
IdentifierMLC-T-LAW-001398
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001398",
  "term": "Credit union",
  "field": "Law",
  "definition": "A member-owned financial cooperative that provides banking and financial services to its members. Unlike commercial banks, credit unions are non-profit organizations and are typically focused on serving a specific community or group. They are regulated by federal or state agencies, such as the National Credit Union Administration (NCUA) in the United States.",
  "url": "https://mlchart.com/terminology/law/credit-union/"
}

Record 1,255 of 5,439 in Law terminology (MLC-0107). Request the full dataset.