>>Credit Unions
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Total Shares

The total shares of a credit union, which is also called 'Share Capital', refers to the total amount of shares deposited in a credit union. When people deposit their money in a credit union in the form of savings they are actually buying shares which make them part owner (member) of the credit union. These savings then [...]

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Total Deposits for Credit Unions

Total Deposits for credit unions are the sum of Total Shares of the credit union and non-member deposits. Each member owns a part of the credit union against the deposits made by them. Hence the credit union member's deposits are defined as shares. The profits and savings against the total deposits are shared among the [...]

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