It’s okay.

Mengyin Rural Bank is a formal bank, because Mengyin Rural Bank is a rural commercial bank. In addition to state-owned banks, other banks such as city commercial banks, rural commercial banks, joint-stock banks and private banks, etc., although these banks They are different in nature, but they are all initiated by the People's Bank of China, supervised by the China Banking Regulatory Commission and must participate in insurance regulations, so they are all formal banks.