The credit union movement is characterised by a large number of quite small, community-based credit unions providing fairly limited services to their members. However, credit unions, as a group, are a significant player in the financial services market. Some individual credit unions have grown into quite large operations which are now significant providers of services of a financial nature. More than 50 credit unions had assets exceeding €25 million according to the 2000 annual report. It has been reported that there are currently around 2 million members and assets of almost €7 billion.