In recent decades, many credit unions began to resort to such form of service as To reduce the risk of default on loans members of the credit union shall the joint guarantee. Important specifics of creating a credit union - an initiative order of organization: people do not receive any instructions, orders or regulations, the unification into a credit union occurs by their will and decision. The specifics of credit unions and, in some sense, their uniqueness lies in the fact that they work not for profit and do not appropriate profit.