Question

define a credit union for 2nd graders

Answer 1

A credit union is like a special bank where people come together to save and borrow money. Imagine it as a friendly place where you and your friends can put your allowance together to help each other out! If you want to save money, you can keep it in the credit union. If you need some money for something special, like a toy or a game, you can borrow it from the credit union and pay it back later. Everyone helps one another because we're all part of the same team!