According to the information of Tuhua Education, rural credit cooperatives in Hebei Province are banking financial institutions, also known as deposit institutions and deposit currency banks. Their common feature is that deposits are the main liabilities and loans are the main assets, and they all belong to commercial banks.

Rural credit cooperatives are also credit cooperative institutions. The so-called credit cooperative institutions are cooperative financial institutions whose main purpose is mutual assistance, referred to as "credit cooperatives", which carry out deposit and loan business among members for the purpose of mutual assistance and self-help.