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. At the organization of the credit union it is important that people know each other and know the extent to which each of them is trustworthy. Typically, donor contributions to the credit unions are targeted and used in the same statutory requirements and restrictions as the Mutual Financial Aid fund as a whole. The main activities of credit unions, aimed at the organization of mutual aid and social support of citizens is not intended to profit. Today, the World Council of Credit Unions is represented as members four regional confederations and twelve national associations. Specialization of credit unions to provide financial services to its shareholders requires a particularly strict regulation of membership and acceptable activities. First Credit Union was savings unprofitable institution, or rather credit cooperative, providing services to its members. To get a loan in the credit union a shareholder must be not only a formally adopted there, but necessary pay in cash contributions, the amount and order of payment of which approved by the General Assembly and fixed by the charter. 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.
At the organization of the credit union it is important that people know each other and know the extent to which each of them is trustworthy. Typically, donor contributions to the credit unions are targeted and used in the same statutory requirements and restrictions as the Mutual Financial Aid fund as a whole. Principles of cooperative democracy and interaction were adequate to the purposes for which people joined credit unions.