At present, rural credit cooperatives are undergoing share reform. Before the shareholding system reform, rural credit cooperatives were collective cooperative financial enterprises, and after the shareholding system reform, credit cooperatives will become joint-stock financial enterprises. No matter before or after the share reform, rural credit cooperatives are self-financing and have nothing to do with local finance.
The mission of rural credit cooperatives is to "serve" agriculture, countryside and farmers. On the one hand, rural credit cooperatives are rooted in rural areas, and compared with other professional banks, they can provide various financial services to rural residents more conveniently and meet their financial needs. On the other hand, the state's support for "agriculture, rural areas and farmers" is unprecedented, and most policies for benefiting the people are implemented through rural credit cooperatives, such as the state's grain subsidies to farmers and the minimum living allowance for rural five-guarantee households. Therefore, at present, rural credit cooperatives will not close down, and at least there is room for policy survival.
Rural credit cooperatives were established with the approval of China Banking Regulatory Commission. They are composed of members who share shares, and democratic management is implemented for members, which is manifested in the "three meetings" system.
"Three meetings" specifically refer to the general meeting of members (representatives), the board of directors and the board of supervisors. Rural cooperative financial institutions that mainly provide financial services to community members.
Rural credit cooperatives were established with the approval of China Banking Regulatory Commission. They are composed of members who share shares, and democratic management is implemented for members, which is manifested in the "three meetings" system. "Three meetings" specifically refer to the general meeting of members (representatives), the board of directors and the board of supervisors. Rural cooperative financial institutions that mainly provide financial services to community members.
According to the reform plan of "clarifying the property right relationship, strengthening the restraint mechanism, enhancing the service function, with the appropriate support of the state and the responsibility of the provincial local government", rural credit cooperatives are set up in all provinces and cities to be responsible for the "management, guidance, coordination and service" of rural credit cooperatives in all provinces and cities.
After the reform, there are three main modes of rural credit cooperatives: 1 and rural credit cooperatives. 2. Rural commercial banks. 3. Rural cooperative banks.
The provincial rural credit cooperatives invested in the establishment of rural credit cooperatives' fund settlement centers, realized the deposit and withdrawal business among rural credit cooperatives, rural commercial banks and rural cooperative banks, opened bank cards, joined the modern payment system of the People's Bank of China, and realized the inter-bank deposit and withdrawal business.
Credit cooperatives coexist with society. The reform of credit cooperatives is managed by the provincial government and plays a functional role for social development together with the government. The rural economy mainly depends on the support of credit cooperatives, which have long-term cooperative relations and occupy the right time, place and people. It is impossible for foreign banks to develop in rural areas. The software and hardware of rural credit cooperatives compete with the four major state-owned banks and major commercial banks, and the total deposit exceeds 3 trillion yuan, second only to ABC, ICBC and CCB.
Credit cooperatives have opened the universal deposit and withdrawal service, which is much more convenient than the previous single withdrawal method, and the personnel are constantly optimized.