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banking company vs credit union

credit union vs banking company

banking company and credit union both are nouns.

Word NounAdjectiveVerbAdverb
banking company Yes No No No
credit union Yes No No No
As nouns, credit union is a hyponym of banking company; that is, credit union is a word with a more specific, narrower meaning than banking company:
  • banking company: a financial institution that accepts deposits and channels the money into lending activities
  • credit union: a cooperative depository financial institution whose members can obtain loans from their combined savings
banking company (noun) credit union (noun)
a financial institution that accepts deposits and channels the money into lending activities a cooperative depository financial institution whose members can obtain loans from their combined savings
Difference between banking company and credit union

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