In the UK, credit unions are a source of financing of people groups. This tool is not widely used. Fund of Mutual Financial Aid of the credit union can be extended by sponsorship contributions from businesses, organizations, including on a returnable basis. 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. Credit unions of the open type are still controlled by their members, but at the same time provide services to people who are not its members (external customers). Some credit unions are closed, serving only their members. However, the more and more popularitywin cooperatives of open type. The specifics of credit unions and, in some sense, their uniqueness lies in the fact that they work not for profit and do not appropriate profit.
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. Credit unions of the open type are still controlled by their members, but at the same time provide services to people who are not its members (external customers). Fund of Mutual Financial Aid of the credit union can be extended by sponsorship contributions from businesses, organizations, including on a returnable basis.