In 1908. the spread of credit unions has reached the United States. In 1935 President Roosevelt signed the state Charter on credit unions, which became a law. To date, credit unions - virtually the only form of financial institution where people can quickly and without any problems get a relatively inexpensive cash loan. The main advantage of credit unions consists in transparency, controllability, governance for shareholders. As of the January 1, 2012 the national associations and confederations unite more than 196 million members participating in the 51,013 credit unions in 100 countries. Standards by which credit unions build their work do not coincide with the standards and regulations of consumer cooperation of the usual type.