CREDIT UNIONS: A PRELIMINARY STUDY

Abstract

The globalization process promotes continuous transformations in society, requiring communities to have a solid organization to drive economic growth and social strengthening. In this context, this study investigates the relevance of credit unions, analyzing their financial and social impact. Based on an exploratory research carried out in scientific articles, digital sources and a field study with the application of questionnaires, the level of knowledge of the population on the subject and its implications were evaluated. Thus, the article seeks to analyze the role of credit unions in society, highlighting their characteristics, purposes and functioning, as well as the differences in relation to traditional banking institutions. The results indicate the need for greater informative dissemination about credit unions, with the objective of clarifying its advantages and encouraging adherence, contributing to the strengthening of these organizations and their benefits for society as a whole.