Shanxi Rural Credit Cooperative Association is a local financial institution directly led and managed by the provincial party committee and government. It has been more than 70 years since 1945 established the first rural credit cooperative in the province-Tunliu Luocun Credit Cooperative. It has experienced production brigade, people's commune, Agricultural Bank, People's Bank, Agricultural Reform Office and China Banking Regulatory Commission. In August, 2005, with the approval of the provincial party committee, the provincial government and the China Banking Regulatory Commission, Shanxi Rural Credit Cooperative Association (Shanxi Rural Credit Cooperative Association) was formally established. With the authorization of the provincial government, it performs the functions of "management, guidance, coordination and service" for the member cooperatives within its jurisdiction.
According to the authorization of Shanxi Provincial People's Government, the Provincial Association undertakes the management, guidance, coordination and service functions of rural credit cooperatives at all levels in the province, specifically: according to the direction of the provincial party committee and the provincial government to promote the development of county economy, urge rural credit cooperatives to implement the national financial policies, implement the work of supporting agriculture, and enhance the rural financial service function; Formulate industry self-discipline management system and supervise its implementation; Guide rural credit cooperatives to improve corporate governance structure and internal control system; Counseling and auditing the business operation, financial activities, employment, social security and internal management of rural credit cooperatives; Urge rural credit cooperatives to elect directors and supervisors according to law, and to elect and appoint senior managers; Guide rural credit cooperatives to prevent and deal with financial risks; Guide and coordinate electronic construction; Guide staff training and education; Coordinate the relationship between relevant parties and safeguard the legitimate rights and interests of rural credit cooperatives; Organize the transfer of funds between rural credit cooperatives; Participate in the capital market and finance rural credit cooperatives; Handling or acting as an agent for capital settlement and settlement business of rural credit cooperatives; Providing information consulting services; According to the authorization of the provincial people's government, in accordance with the relevant provisions of the management of provincial rural credit cooperatives development support funds.
The longest development history: marked by the establishment of Luocun Credit Cooperative in Tunliu County, Changzhi, the first rural credit cooperative in the province in 1945, Shanxi Credit Cooperative under the leadership of China * * * Production Party has gone through 68 years of development, and is the earliest financial institution established in our province. The organization has the largest number of employees. At present, * * has 3 124 official institutions, including provincial institutions 1, municipal institutions1,county institutions 165438, and business departments and credit cooperatives 1865438. At present, * * has 443 18 cadres and employees, including 4 14 19 employees and 5,958 employees in other employment modes. Together with the rural business liaison team, it is the financial institution with the largest number of institutional outlets and employees in the province.