As member-owned savings and loans institutions. credit unions are a rapidly growing worldwide phenomenon. Based upon empirical studies of various credit union industries, this comprehensive book examines the changing role of credit unions and uncovers the future strategic development issues facing them, whether they are in the US, UK, Asia, Africa or the emerging markets of Eastern Europe. The dynamics and behaviour of different credit union industries provide the backdrop to detailed consideration of key operational issues such as membership growth, product diversification, shared services, and credit union management. The Strategic Development of Credit Unions also provides a comparative framework for assessing the performance of credit unions as increasingly key providers of financial services and includes:the historical development of credit unionsthe prudential and regulatory requirements governing credit union operationsUS credit unions as a demonstration effect of development issuesin-depth empirical study of the UK credit union industryemerging credit union industries in Eastern Europe and the Third Worldthe strategic development agenda for credit unions
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