Principles of cooperative democracy and interaction were adequate to the purposes for which people joined credit unions. Worldwide credit union movement is represented by regional confederations and national organizations within the World Council of Credit Unions. Fund of Mutual Financial Aid of the credit union can be extended by sponsorship contributions from businesses, organizations, including on a returnable basis. Members of credit unions place in credit unions usually free fund balances, ie those that remain after expenses devoted to education of children, the acquisition of new properties, additional pension benefits, etc. Some credit unions are closed, serving only their members. However, the more and more popularitywin cooperatives of open type.
Fund of Mutual Financial Aid of the credit union can be extended by sponsorship contributions from businesses, organizations, including on a returnable basis. Members of credit unions place in credit unions usually free fund balances, ie those that remain after expenses devoted to education of children, the acquisition of new properties, additional pension benefits, etc. Worldwide credit union movement is represented by regional confederations and national organizations within the World Council of Credit Unions.