Image for global credit union movement

global credit union movement

The global credit union movement is a worldwide network of cooperative financial institutions owned and operated by their members. These credit unions focus on serving individuals and communities rather than maximizing profits, offering savings, loans, and financial services at reasonable rates. They emphasize financial inclusion, solidarity, and local development, often prioritizing member needs over profits. With roots in grassroots efforts, the movement promotes economic empowerment, social cohesion, and sustainable development across diverse regions, fostering trust and mutual support among members and contributing to broader economic stability and community well-being.