Credit union shares are also called credit union funds. The amount paid by farmers to participate in credit cooperatives to subscribe for shares. It is one of the sources of funds for credit cooperatives to carry out business. 195 1 year, the "Guidelines for the Articles of Association of Rural Credit Cooperatives (Draft)" issued by the People's Bank of China stipulates that members should contribute at least one share, each of which is 22kg to 30kg. There will be no uniform regulations in the future.

In 2005, the China Banking Regulatory Commission issued the Guidelines for the Examination and Approval of the Establishment of Rural Credit Cooperatives in Counties (Cities), which explicitly required that the shares of rural credit cooperatives be cleared. After deliberation by the members' congress of the county credit cooperative, the shares shall be liquidated according to the established plan.

In 2005, our local rural credit cooperative made a report on the old shares over the years. Let me give you an example. These regulations are all contained in our local announcement on the deadline to clean up and standardize the share capital over the years.

If the capital contribution is made before 1993, the dividend shall be paid according to 15% of the share capital; Dividends between 1994- 1997 shall be calculated as 12% of the share capital; 1998-2000 with 8% dividend; Dividend by 6% from 200/kloc-0 to 2003; Dividends will be paid at the rate of 3% between 2003 and 2005.

Small denomination stocks with a few dollars basically don't have to pay the previous ones, and basically only a few dollars can be added. Moreover, if your account has SMS notification or no fund transaction for a long time, and there is no balance, it is already a sleep account and needs to be activated before it can be used.

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