Is Taigu Xingtai Village Bank safe?

Taigu Xingtai rural bank is still relatively safe.

As long as it is a regular bank, it is safe in theory. Formal and informal mainly depends on whether the business place hangs the financial license issued by the banking supervision and management institution, the legal person license or business license issued by the administrative department for industry and commerce, and of course other important documents issued by the public security organs and fire departments, as well as other safety facilities and fire-fighting facilities that meet the standards. You can also log in to CBRC official website to check whether the bank has been approved for preparation, opening and senior management qualifications.

Village banks refer to banking financial institutions established in rural areas with the approval of China Banking Insurance Regulatory Commission in accordance with relevant laws and regulations, and funded by domestic and foreign financial institutions, domestic non-financial institutions, corporate legal persons and domestic natural persons, which mainly provide financial services for local farmers, agriculture and rural economic development.