cooperativa de crédito
/koopeɾatiba de kɾedito/from spelling rules
The English phrase "credit union" is translated into Spanish as cooperativa de crédito.
A credit union is a financial cooperative. While you can use cooperativa de crédito, it is often more common in many Spanish-speaking countries to use the longer form cooperativa de ahorro y crédito to emphasize the savings aspect of the institution.
Meaning: financial cooperative (noun)
What does it mean word for word?
The phrase cooperativa de crédito is composed of cooperativa (cooperative) and de crédito (of credit).
Is it said differently in some regions?
In Mexico, Caja Popular is commonly used to refer to a credit union and Caja de Ahorro y Crédito is also a common term. In Argentina, you might hear Cooperativa de Crédito used to refer to a credit union.
How does it change in a sentence?
To make the phrase plural, only the noun changes to cooperativas de crédito. The phrase de crédito remains singular.
How do you pronounce it?
/koopeɾatiba de kɾedito/
Did you know?
- The word crédito shares a common root with the English word 'believe'. This is because the Latin verb credere meant 'to believe', implying that a loan is based on the belief in a person's ability to repay it.
- The term Caja Popular reflects a social tradition in Mexico where community-funded savings groups operate as democratic alternatives to commercial banks.
- In many Spanish-speaking regions, the term cooperativa describes not just financial unions but also agricultural and consumer groups that share resources and ownership.
Examples in context
- Fui a la Caja Popular a solicitar un préstamo para comprar un automóvil nuevo.I went to the credit union to apply for a loan to buy a new car.
- Quisiera obtener un préstamo en una Institución de Ahorro y Crédito para financiar mi pequeña empresa.I would like to get a loan from a credit union to finance my small business.
- Tengo una cuenta en la cooperativa de crédito.I have an account at the credit union.
- La cooperativa de crédito ofrece préstamos personales.The credit union offers personal loans.
- Necesito ir a la cooperativa de crédito hoy.I need to go to the credit union today.
Example conversation
Mateo and Elena are discussing their banking options.
- Mateo¿Prefieres usar un banco o una cooperativa de crédito?Do you prefer using a bank or a credit union?
- ElenaMe gusta más mi cooperativa de crédito.I like my credit union more.
- Mateo¿Es mejor la atención en esa cooperativa de crédito?Is the service better at that credit union?
- ElenaSí, el trato es mucho más personal.Yes, the treatment is much more personal.
Sources
- IPA marked “from spelling rules” is derived from standard Spanish spelling, where Wiktionary gives none.
- Word origins: Wiktionary entries cooperativa, crédito, de, CC BY-SA 4.0.
