Historically, credit unions were preceded by widespread development of credit cooperation in many countries of Europe and America. Until the mid-XX century, credit unions in the United States had little assets that did not exceed, as a rule, 100 thousand dollars Unlike banks, in order to use the services of a credit union, you have to become its member, having written an application and having paid thus shares and membership fee. To increase the number of credit unions in 1979 was adopted the corresponding law that serves as the legal basis of their activity.