Credit unions perform the function of social protection in a vital for people sphere of financial services. They care about improving the financial literacy of the population, are working on the formation of their members and their employees. Historically, credit unions were preceded by widespread development of credit cooperation in many countries of Europe and America. Credit unions encourage the proper use of shareholders savings, developing social programs (education, health, recreation, housing, etc.). Cooperation between credit unions, how they would not have been named, took place always, from the moment when the movement moved outside one credit union. Corporate credit unions are united on a cooperative basis in the Central Credit Union (US Central Credit Union).
Credit unions encourage the proper use of shareholders savings, developing social programs (education, health, recreation, housing, etc.). Cooperation between credit unions, how they would not have been named, took place always, from the moment when the movement moved outside one credit union. Historically, credit unions were preceded by widespread development of credit cooperation in many countries of Europe and America.