In the UK, credit unions are a source of financing of people groups. This tool is not widely used. Among the U.S. credit unions, there are three groups that differ in terms of assets, shareholders, and business services. When organizing the credit union it is important that people know each other and know the extent to which each of them is trustworthy. 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. Representative organization, leading the coordination work in the field of development of both global and national credit union movement is the World Council of Credit Unions (WOCCU) established in 1971 (headquartered in Madison, USA).
When organizing the credit union it is important that people know each other and know the extent to which each of them is trustworthy. 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. Among the U.S. credit unions, there are three groups that differ in terms of assets, shareholders, and business services.