Credit union stock funds are also called credit union funds.

The amount paid by farmers to participate in a credit cooperative for the shares subscribed for.

It is one of the sources of funds for credit unions to carry out their business.

In 1951, the "Draft Articles of Association of Rural Credit Cooperatives" issued by the People's Bank of China stipulated that members must pay a share fee to join the cooperative. Each person (household) must pay at least one share, and each share is 22 to 30 jins of millet.

No unified regulations will be made in the future.

In 2005, the China Banking Regulatory Commission issued the "Guidelines for the Examination and Approval of the Formation of County (City) Rural Credit Cooperatives", which clearly required the liquidation of shares of rural credit cooperatives.

After deliberation by the members' representative meeting, the share capital will be liquidated according to the established plan.

In 2005, our local Rural Credit Cooperative made a statement on the old share capital of the past years. Let me give an example below. These provisions are included in our local "Announcement on the Liquidation and Standardization of Past Stock Funds within a Time Limit".

Extended information: Those who purchased shares before 1993 will receive dividends at the rate of 15% of the share capital; those between 1994-1997 will receive dividends at the rate of 12% of the share capital; those between 1998-2000 will receive dividends at the rate of 8%; between 2001-2003

Dividends were paid at a rate of 6%; between 2003 and 2005, dividends were paid at a rate of 3%.

There is basically no need to redeem some of the previous small-denomination stock certificates worth a few yuan. Basically, they can only add a few yuan in value. And if your account has SMS notifications or long-term no-fund transactions and no balance,

That is already a sleep account and needs to be activated before it can be used.