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credit union vs depository financial institution

depository financial institution vs credit union

credit union and depository financial institution both are nouns.

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

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