largest credit union movement

The largest credit union movement refers to the global network of member-owned financial cooperatives that provide banking services like savings, loans, and checking accounts. Unlike traditional banks, credit unions are nonprofit organizations focused on serving their members rather than making profits. They often offer better rates and personalized service. This movement has grown significantly worldwide, fostering financial inclusion, empowering communities, and promoting economic stability by emphasizing mutual support and democratic control. Its size and reach make it a vital part of the global financial system dedicated to helping individual members and local communities thrive.