When it comes to Nonghyup Bank, many people will wonder if it is a regional Nonghyup or a central Nonghyup. Because the Nonghyup itself started as an institution for the convenience of farmers, there are branches in each region, and it has grown based on the region like Saemaul Geumgo. So, I’ve put together a few things that may be confusing to a lot of people.
Difference between the unit Agricultural Cooperative Federation and the National Agricultural Cooperative Federation
Unit Nonghyup is a regionally based bank. And the National Agricultural Cooperative Federation is like a commercial bank that we generally know. So Nonghyup Bank is the 1st financial sector, and Unit Nonghyup is the 2nd financial sector. 2 Nonghyup, a unit of the financial sector, has high interest rates on deposits and a better threshold for loan products. However, each branch is different, so it is better to check directly at the branch. 농협중앙회 지점
Classification method 좋은뉴스
1. Name
The first way to distinguish whether an Nonghyup is a unit or a central bank is the name of the bank. NH Bank of the National Agricultural Cooperative Federation includes the signboard of ‘NH Nonghyup Bank’ in the branch name. On the other hand, unitary agricultural cooperatives are indicated as branches without ‘bank’.
2. Account number
To check whether the account you are using is the National Agricultural Cooperative Federation, you can check the account number. The account number of the National Agricultural Cooperative Federation starts with 01, 02, 12 or 301, 302, 312. On the other hand, the unit Nonghyup starts with 51, 52, 56 or 351, 352, 356 because it is a 2 financial sector.
How to find a branch
Finding a branch is simple. You don’t have to go to the app or the bank’s official website. Simply open the map app and search.
Find Unit Nonghyup
To find the unit Nonghyup, search for ‘unit Nonghyup’ as shown below. Naver Map, Google Map, and Kakao Map are all available, and all Nonghyup by region are displayed as shown below. If you look at the types of businesses, you can see that they come out as cooperatives and consumer cooperatives.
Unit Nonghyup search screen
Unit Nonghyup-search-results
Find the National Agricultural Cooperative Federation
To find Nonghyup Bank, search for ‘Nonghyup Bank’ in the map app. You’ll see that it’s listed as a bank in your industry. Do you see a difference in the unit Nonghyup search results above?
Nonghyup Bank search screen
Nonghyup Bank-search-results
In the above, we have looked at how to find a branch of the National Agricultural Cooperative Federation and the National Agricultural Cooperative Federation. Simply search on the map to check.
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