Credit unions have been important contributors to economic and social development for over 150 years in all regions of the world. The 2015 Model Law for Credit Unions provides a sample legislative framework to movement leaders, legislators, regulators and others in preparing and seeking approval of laws that will strengthen the safety and soundness of credit unions without imposing unreasonable regulatory burdens. The Model Law for Credit Unions can be considered an optimal legislative framework for a jurisdiction that is revising its credit union regulatory regime or starting from scratch.