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Can I buy shares in rural credit cooperatives?

rural credit cooperatives can buy shares

At present, there is a general shortage of equity capital in credit cooperatives, and it is necessary to increase capital and expand shares. You can consult your local credit union. Relatively backward local stocks are scarce, and dividends are considerable.

credit union shares are also called credit union funds. The amount paid by farmers to participate in credit cooperatives for their subscribed shares. It is one of the sources of funds for credit cooperatives to carry out business. In 1951, the Draft Guidelines for the Articles of Association of Rural Credit Cooperatives issued by the People's Bank of China stipulated that every member should pay a share capital, and each member (household) should have at least one share, each share is 22 kg to 3 kg of millet. No unified regulations have been made in the future.