Korean Federation of Community Credit Cooperatives

MG새마을금고 is a South Korean community credit cooperative financial organization whose history the official site traces back to 1963, when five village credit cooperatives existed and later grew to about 1,300. Its central association conducts credit and deposit operations for member cooperatives, and the organization reports assets of about 280 trillion won and about 23.55 million customers as of 2023. It also operates social contribution programs such as the '사랑의 좀도리' campaign and has spread its cooperative model overseas.

The official history page states that MG새마을금고 began in 1963 as a community financial cooperative representing South Korea, and the company brief page notes that five village credit cooperatives grew to about 1,300. In 1991 the organization was conducting various operations beyond banking, including deposit, lending, electronic financial, credit, and mutual aid operations. In 1998, amid the IMF crisis, the '사랑의 좀도리' campaign began. In 2011 the name of the association was changed to 새마을금고중앙회. In 2016 it began spreading the 새마을금고 model overseas, including to Uganda, Myanmar, and Laos. By 2023 it reported assets of about 280 trillion won and about 23.55 million customers.

A community credit cooperative financial institution aiming to be a 'financial institution trusted by members' and a 'cooperative respected by society'.

• Deposit services (수신업무)

• Lending services (여신업무)

• Electronic financial services (전자금융업무)

• Mutual aid services (공제업무)

• Credit services (신용업무)

1. 1MG새마을금고kfcc.co.kr
2. 2MG새마을금고kfcc.co.kr
3. 3Company Brief | 새마을금고 안내 | 새마을금고 | 홈kfcc.co.kr
4. 4MG새마을금고kfcc.co.kr
5. 5Korean Federation of Community Credit Cooperativeswikidata.org