In recent decades, many credit unions began to resort to such form of service as 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. Credit unions of the open type are still controlled by their members, but at the same time provide services to people who are not its members (external customers). International cooperation has been particularly felt since the days when Alphonse Desjardins began the activity on development of credit union movement in North America.