Rural commercial bank is a joint-stock local commercial bank. Generally, it is formed after the rural credit cooperatives complete the reform and update. The shares of rural commercial banks are composed of various elements, involving various identities within their jurisdiction. It can be farmers, industrial and commercial households or enterprise legal persons, who jointly contribute to the establishment of rural commercial banks. Rural commercial banks belong to commercial banks and aim at making profits.

Rural commercial banks are regional, basically existing in rural areas and towns in China, and their predecessor is rural cooperatives. The basic business is basically the same as that of ordinary banks, including deposit and withdrawal, credit business and so on. However, the service object is generally farmers, that is to say, because of the particularity of its location, the service object of banks is basically farmers, which can provide farmers with deposit and withdrawal business and credit business to meet their production and life needs.

In the past, rural credit cooperatives were generally located in rural areas, but in recent years, with the increase of farmers' income, many rural credit cooperatives have been reformed and upgraded to rural commercial banks. Rural commercial banks serve a wider range of customers than previous rural credit cooperatives, and provide basically the same business as other banks, including applying for credit cards, which rural credit cooperatives did not have before.