According to Caijing.com, the savings deposits of the rural credit cooperatives within 500,000 yuan can be assured, because the rural credit cooperatives are banks with legal personality approved by the People's Bank of China, and the funds of the rural credit cooperatives are guaranteed to some extent, which is protected by the savings deposit provisions of the national bank.

Rural credit cooperatives (hereinafter referred to as rural credit cooperatives, rural credit cooperatives) refer to rural cooperative financial institutions established with the approval of the People's Bank of China, which are composed of members' shares, implement democratic management, and mainly provide financial services for members. As an independent enterprise legal person, it is responsible for the debts of rural credit cooperatives with all its assets and enjoys civil rights according to law.