The supreme body of the World Council of Credit Unions is the Assembly, which elects the president and the board of directors of WOCCU. 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. The value of credit unions is not limited to the role of the economic agent - they are an important element of the social structure and a factor of social stability and progress. First Credit Union was savings unprofitable institution, or rather credit cooperative, providing services to its members. Corporate alliances are intermediaries between credit unions and financial markets. In recent decades, many credit unions began to resort to such form of service as Until the 70's there was a proliferation of the U.S. credit unions due to the increase of their number and the number of shareholders, although it must be acknowledged that there was also and a qualitative growth. In some cases, the initiators of credit unions can be trade unions, associations such as social support centers and others. The economic basis of credit unions - finances of a household. The main objective of the credit union - to ensure financial stability of a household, to ensure the priority of their shareholders' financial interests.
The value of credit unions is not limited to the role of the economic agent - they are an important element of the social structure and a factor of social stability and progress. First Credit Union was savings unprofitable institution, or rather credit cooperative, providing services to its members. 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.