Credit unions, thus, should be able to offer a wide array of facilities and amongst others – (1) varying savings and loans products; (2) debit and credit cards; (3) money transfers; (4) leasing; (5) investment products; (6) sell investment instruments & foreign currency and (7) even insurance. In some countries, the list of services offered by credit unions can be quite large.
Credit unions must resort to the use of technology in order to stay in competition with other financial institutions. Various technological innovations are available to enable the provision of services to the members and to the poor. For instance, networking technology with other credit unions, enable members to access services at any credit union.