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Is Fumin Village Bank a regular bank?

Fumin Village Bank is a regular bank.

Fumin Village Bank is initiated and controlled by Zhejiang Wenzhou Lucheng Rural Commercial Co., Ltd., with a registered capital of 50 million yuan, and is a formal bank approved by the state. Fumin Village Bank is a comprehensive village bank and one of the commercial banks. Fumin Village Bank was initiated by Zhejiang Taizhou Rural Commercial Bank, and Fumin Series is one of the better village banks. So I, Fumin Village Bank, is a regular bank.