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. Most modern credit unions represent specialized consumer cooperatives of citizens associated by the principle of social community: place of work, place of residence, profession, or any other shared interest. Is necessary that all shareholders of the credit union were members of a single community, would know each other well enough to enjoy mutual trust. Corporate alliances are intermediaries between credit unions and financial markets. Credit union as a consumer cooperative operates on the principles of equality of all its members.
Is necessary that all shareholders of the credit union were members of a single community, would know each other well enough to enjoy mutual trust. Corporate alliances are intermediaries between credit unions and financial markets. Most modern credit unions represent specialized consumer cooperatives of citizens associated by the principle of social community: place of work, place of residence, profession, or any other shared interest.