Borrowing rate for the credit union is a source of income to cover the administrative costs. All excess funds are returned to members in the form of dividends on savings. Today in the UK there are about 700 credit unions with assets exceeding 200 million pounds. Credit unions also differ from the traditional consumer cooperatives. Credit union services are available only to its shareholders. Credit union as a consumer cooperative operates on the principles of equality of all its members. 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.