Credit unions attract people in the first place by the opportunity to get cash loan (credit) - quickly and relatively inexpensively. Some credit unions are closed, serving only their members. However, the more and more popularitywin cooperatives of open type. Credit union is created by a group of members who pursue a common interest. Agreeing to make regular contributions, they create a fund from which can borrow money for investments and replenishment of working capital at favorable interest rates. Cooperation between credit unions, how they would not have been named, took place always, from the moment when the movement moved outside one credit union. National Credit Union Insurance Fund was created by Congress in 1970 to insure deposits of credit union members in the amount of 100 thousand dollars. Credit Union - one of the most attractive financial institutions for the public being a non-profit alternative to banks. A credit union on its own initiative order is created by citizens (individuals) to solve their financial problems that they could not solve in other financial institutions.