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• Credit unions call savings accounts share accounts because at a credit union you are a part owner of the credit union. By example, if you own a piece of a company you own a share of stock. If you have an account at a credit union, you have a share account.

  National Credit Union Administration - Cite This Source - This Definition
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  Cite Definition for Share Account

  American Psychological Association (APA)

  Share Account. (n.d.). Pocket Cents Glossary. Retrieved June 2, 2023, from website: http://www.expertglossary.com/definition/share-account.

  Chicago Manual of Style (CMS)

  Share Account. www.mycreditunion.gov. Pocket Cents Glossary. National Credit Union Administration. http://www.expertglossary.com/definition/share-account (accessed: June 2, 2023).

  Modern Language Association (MLA)

  "Share Account." Pocket Cents Glossary. National Credit Union Administration. 2 June. 2023 http://www.expertglossary.com/definition/share-account.

• Browse Related Terms: Account Agreement, Checking Account (Share Draft Account), Credit card issuer, Credit Union, Credit Union Statement, Dividends, Drawee, Drawee Institution, Financial Performance Report (FPR), Furnisher, Index-linked Share Certificate (SC), Peer Average Ratio, Percentile Rankings, Personal Savings Account, Share Account, Share Certificate, Share Draft Account, Wire transfer