Like any financial institution, credit unions have the financial resources. First central bank of credit unions appeared in 1876. Credit unions began to appear rapidly in many European countries. The main advantage of credit unions consists in transparency, controllability, governance for shareholders. Credit unions base their activities on savings of shareholders, their shares and savings contributions, which make up the fund of mutual financial assistance - a source of cash loans to shareholders. Unlike banks, in order to use the services of a credit union, you have to become its member, having written an application and having paid thus shares and membership fee. A credit union on its own initiative order is created by citizens (individuals) to solve their financial problems that they could not solve in other financial institutions.