In recent decades, many credit unions began to resort to such form of service as Principles of cooperative democracy and interaction were adequate to the purposes for which people joined credit unions. 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). Credit unions are financial institutions, financial cooperatives of citizens, and in this capacity they are above all associations of people, not unification of capitals, which is typical, for example, for public companies.