MG 새마을금고_은평점

Mutual financial institution in Korea. Usually established by neighborhood unit and provides services to cooperative members. Like other cooperatives such as agricultural cooperatives, fisheries cooperatives, credit unions, and forestry cooperatives, there are individual legal basis laws. It should be noted that unlike other mutual financial institutions, the Ministry of Public Administration and Security, not the Financial Services Commission, is the supervisory authority. Although the Saemaul Undong Central Association, which also uses the name 'Saemaul', shares the same name, the competent ministry is the Ministry of Public Administration and Security, the Saemaul Geumgo Central Association and the Saemaul Undong Central Association are clearly different organizations.