Development of local communities and
balanced development of national economy
The Community Credit Cooperatives(CC) is a financial cooperatives organization that embodies the spirit of mutual cooperation such as demonstrated by the original Korean autonomous cooperative organizations of Gye(mutual aid), Hyangyak (village agreement), and Dure(labor community). CC carries out both the economic functions of credit businesses and insurance businesses and the social functions of member welfare businesses and local contribution projects according to the principle of cooperatives. The goal of CC is to improve the quality of members’ lives through these businesses and to contribute to the development of local communities and the balanced development of national economy.
Trillion wonASSETSAfter accomplishment of 100 trillion won in 2012, grew into 200 trillion won in 8 years
Million persons1 out of 3people in Korea
1,300CC1,300 main branches/3,218 local branches Financial institution closest to find anywhere in the country
MillionCHECK CARDDomestic leading check card: Issued more than 5 mil cards since its first release
Origin of Community
Credit Cooperatives Started
from Gyeongsangnam-do in 1963
The origin of Community Credit Cooperatives in Korea started with five cooperatives established at Gyeongsangnam-do: Sanchung-gun Saengcho-myeon Hadoon-li, Changnyeong-gun Sungsan-myeon Wolgok-li, Uiryeong-gun Uiryeong-myeon Jungam-li, Uiryeong-myeon Oeshi-li, and Namhae-gun Masan-li
The early campaigns of CC were successful and developed our national tradition of cooperation spirit embodied in Gye(mutual aid), Dure(labor community) and Hyangyak(village agreement) based on the Antigonish Campaign in Canada after the members of Gyeonsangnam-do Local Office of National Restoration Campaign completed the 3rd training course for the instructors of cooperatives formed by the church member service group under Maryknoll Sisters and returned to their home villages.
Creation of a wealthy Community through
Participation and Cooperation
Ideology of ExistenceCreation of Rich Living Community through Participation & CooperationIt means to accomplish rich individual life along with local community and to make a living community to live well together with neighbors
Vision21C Advanced Integrated Financial CooperativesIt means to provide high level financial service to the members of CC and for members to enjoy the benefit of welfare business of CC and enjoy their stable and rich life.
RespectThe managerial principle of CC is to accomplish the vision, and is the standard for making management decisions.
Spirit of the People in CCSelf Help Mutual
Benefit CommunityThe value of self help is founded on the spirit to economize, make it new, creation and improvement by members themselves to pioneer their future; and the value of mutual benefit on the spirit of love and service to overcome individualism and enrich community life.
The value of community is the based on the desire to become one with neighbors and build an affluent society. CC has pursued the vision of a social community that maximizes mutual benefit.