LINGCHUAN COUNTY RURAL CREDIT UNION

Rural credit cooperative association of Lingchuan County, Jincheng City, Shanxi Province

By the end of August 2010, the balance of deposits and loans of the county's credit cooperatives had reached 1.48 billion yuan and 1 billion yuan respectively. The total amount of deposits and loans ranked first in the county's financial institutions. It is the largest financial institution in the county with the strongest financial strength and the widest range of services.

essential information

The rural credit cooperatives of Lingchuan County, Jincheng City, Shanxi Province was founded in the late 1940s. With the development of the people's Republic of China, the rural credit cooperatives of the whole county have gone through a tortuous, difficult and brilliant road of entrepreneurial development from small to large, from weak to strong. At the end of 2008, on the basis of the 13 grass-roots credit cooperatives in the county, they were restructured and established into a first-class legal person association according to the unified legal person standard. They have 27 business outlets, 249 employees and undertake the financial services of 250000 people in 7 towns and 5 townships of the county.

Associated press development

In recent years, under the correct leadership of the Party committee and government of Lingchuan County, Jincheng City, Shanxi Province, and with the strong support of the people of the whole county, the rural credit cooperatives of Lingchuan County adhere to the scientific outlook on development, vigorously implement the "three thousand three hundred project" and "action plan of supporting agriculture and benefiting the people", effectively support the economic and social development of the whole county, and realize the common development of the rural credit cooperatives and the people of Lingchuan Win win. in order to meet the economic development of the county and the growing demand for financial services of the masses, the rural credit cooperatives of Lingchuan County take the responsibility of boosting the urban and rural economy of Lingchuan to take off day by day, accelerate the innovation of science and technology, management, business, product and service, and strive to build a modern bank that is suitable for the economic and social development of Lingchuan and meets the needs of "agriculture, rural areas and farmers". We launched the first batch of rural financial service stations in the city to solve the difficulties of farmers' loans, established the first merchant loan guarantee association in the city to solve the financing difficulties of merchants, and helped the transformation and development of small and medium-sized enterprises in the county by rating and granting credit to corporate customers. Vigorously promote the "sunshine loan", and successively launched 16 new loan varieties, such as "Happy Farmhouse" farmers' micro credit loan, "prosperous financial resources" credit merchant loan, "send spring rain" youth entrepreneurship loan, "timely rain" working capital loan, to meet the financial needs of different groups of people. In June 2010, the rural credit cooperatives of Lingchuan County realized universal deposit and withdrawal in the whole province. On August 21, 2010, "xinhetong" UnionPay debit card was officially issued, turning a new page in the history of rural credit cooperatives. in the majestic reform flood, rural credit cooperatives in Lingchuan County have repeatedly created miracles and set new historical records. With strong financial strength and unprecedented efforts to support agriculture, they have become the main financial force in the construction of new socialist countryside in the county, creating a new era in the development history of Lingchuan Xinhe and ushering in another spring of Xinhe. keep pace with the times and be outstanding. Under the correct leadership of the Party committee and government of Lingchuan County, and with the strong support of the people of the whole county, the rural credit cooperatives of Lingchuan County are making great strides to build a modern financial enterprise with perfect corporate governance, sound internal control management, effective incentive and restraint, obvious scientific and technological progress and good operating efficiency.