Income received by the credit union shall be distributed among the shareholders or spent for the depreciation of services, that is, are the most effective means of meeting the needs of shareholders. 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. The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit. In the UK, credit unions are a source of financing of people groups. This tool is not widely used. Credit Union - one of the most attractive financial institutions for the public being a non-profit alternative to banks. Today, the World Council of Credit Unions is represented as members four regional confederations and twelve national associations.