What are the conditions for establishing rural credit cooperatives?

Q: What conditions should a rural credit cooperative have?

school analysis answer: to establish a rural credit cooperative, the following conditions must be met: the number of members is not less than 5, which can be appropriately adjusted by the branches of the People's Bank of China and reported to the head office for the record; The registered capital is generally not less than 1 million yuan, which can also be adjusted and put on record; Having articles of association that meet the requirements of the law; Having qualified managers and business operators; Having business premises, safety precautions and other business-related facilities that meet the requirements.

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