Shareholders in corporate organizations are basic credit unions, besides the same union can be a shareholder of several corporate organizations. Principles of cooperative democracy and interaction were adequate to the purposes for which people joined credit unions. Among the U.S. credit unions, there are three groups that differ in terms of assets, shareholders, and business services. Unlike banks credit unions limit their activities to a closed circle of people. The value of credit unions is not limited to the role of the economic agent - they are an important element of the social structure and a factor of social stability and progress. Consumer loan and reliable savings - these are the main goals, which mean "natural persons" having decided to unite in credit consumer cooperative. The economic basis of credit unions - finances of a household. The main objective of the credit union - to ensure financial stability of a household, to ensure the priority of their shareholders' financial interests. Credit unions, like today's credit unions, emerged in the 19th century in Germany as a result of crop failure and famine.
Among the U.S. credit unions, there are three groups that differ in terms of assets, shareholders, and business services. Unlike banks credit unions limit their activities to a closed circle of people. Principles of cooperative democracy and interaction were adequate to the purposes for which people joined credit unions.