Like any financial institution, credit unions have the financial resources. First central bank of credit unions appeared in 1876. Credit unions began to appear rapidly in many European countries. The main advantage of credit unions consists in transparency, controllability, governance for shareholders. In the credit union compensation for use of the loan (interest) is a source of compensation for savings. A potential new member of a credit union must submit a recommendation of shareholders in which the referee becomes a warrant of a future member of the credit union.