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What are Shinkin Banks?
Shinkin banks were created by order for Enforcement of Shinkin Bank Law in June 1951 as cooperative financial institutions to serve the needs of small and medium-sized enterprises and local residents.
They are cooperative organizations based on the philosophy of mutual support, and the basis of their operation is formed by responding to the needs of members, users and local regions.
And their functions are almost the same as those of commercial banks based on publicity, their functions are almost the same as those of commercial banks, and they also deal with many people who are not members, accepting deposits, providing exchange services, accepting various payments including those for public utilities, and engaging in over-the-counter sales of public bonds, investment trusts, and insurance.
About Morinomiyako Shinkin Bank
Summary (As of the end of September,2024)
| Name | Morinomiyako Shinkin Bank |
|---|---|
| Head Office | 5-30,kokubuncho3-chome,Aoba-ku,Sendai |
| Headquarters | 5-30,kokubuncho3-chome,Aoba-ku,Sendai |
| Number of Membership | 37,619 |
| Number of Branches | 26 |
| Number of Employees and Officers | 244 |
| Deposits | ¥624billion |
| Loans and Bills Discounted | ¥377billion |
Management Philosophy
We put the following three management principle to work to achieve our mission and role in society.
- Healthy development of small and medium-sized enterprisesWe are contributed to the healthy and continuous development of small and medium-sized enterprises in the area.
- Realization of an affluent domestic lifestyleWe help local residents for realization of affluent and dreamful lifestyle.
- Contribution to the prosperity of local regionsWe are contributed to prosperity of regional economic society, and we think a great deal of nature and environment.
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Head Office Building