The growth of credit unions: implications on accounting results

Authors

DOI:

https://doi.org/10.5902/2359043294356

Keywords:

Credit unions, Expansion, Cooperative Service Unit, Income Statement

Abstract

Credit unions are expanding their Cooperative Service Centers (PACs), reaching regions where traditional banks have no commercial interest, while the latter have been reducing their branches. In this context, this study aimed to understand how the expansion of Cooperative Service Centers (PACs) is being reflected in the Income Statement (DRE) of Brazilian credit unions. The Wilcoxon and Median Difference tests were used to compare the financial performance of cooperatives that expanded in relation to those that stagnated or reduced their service points. The period analyzed was from 2016 to 2023, totaling 1,021 cooperatives with data available on the website of the Central Bank of Brazil. It was found that cooperatives that expanded their PACs showed significant growth in operating income and greater financial stability, with smaller variations in net surpluses compared to cooperatives that kept their PACs stagnant or reduced them. The expansion proved effective in attracting new members and diversifying services, contributing to increased revenue and the stability of credit unions.

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Author Biographies

Maria Eduarda Maia Vidal Gonçalves, Universidade Federal de Minas Gerais

Undergraduate student in Controllership and Finance at the Federal University of Minas Gerais (UFMG)

Valéria Gama Fully Bressan, Universidade Federal de Minas Gerais

Associate Professor IV in the Department of Accounting Sciences and a member of the Permanent Faculty of the Graduate Program in Controllership and Accounting at FACE/UFMG. She holds a Bachelor's degree in Administration with a specialization in Cooperatives (1995–1999) from UFV, as well as a Master's degree (2000–2002), a Doctorate (2006–2009), and a Post-doctorate (2010) in Applied Economics from the Federal University of Viçosa.

Mateus Rocha Menezes, Universidade Federal de Minas Gerais

PhD candidate in Accounting and Controllership at UFMG. Holds a Master's degree in Accounting Sciences from the Federal University of Minas Gerais – CEPCON/FACE/UFMG (2014) and a Bachelor's degree in Accounting Sciences from Faculdade Novos Horizontes (2011).

Gustavo Henrique Dias Souza, Universidade Federal de Minas Gerais

Assistant Professor in the Department of Accounting Sciences at the School of Economics (FACE) of the Federal University of Minas Gerais (UFMG). He holds a Master's degree in Controllership and Accounting from the UFMG Graduate Program in Controllership and Accounting (PPGC-UFMG), where he conducted research on credit cooperatives and received two awards in recognition of his work. He holds a Bachelor's degree in Accounting Sciences from the Federal University of Viçosa – Rio Paranaíba Campus.

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Published

2026-08-20

Issue

Vol. 12 No. 24 (2025)

Section

EBPC

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Copyright (c) 2026 Maria Eduarda Maia Vidal Gonçalves, Mateus Rocha Menezes, Valéria Gama Fully Bressan, Gustavo Henrique Dias Souza

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