Like any financial institution, credit unions have the financial resources. Today in the UK there are about 700 credit unions with assets exceeding 200 million pounds. First Credit Union was savings unprofitable institution, or rather credit cooperative, providing services to its members. Contributions from of shareholders in credit unions in no way can be considered as borrowed funds, they come from the shareholders and for the shareholders and can not be used to provide services to third parties. Unlike banks credit unions limit their activities to a closed circle of people.