Although bank mergers and acquisitions do not happen every day, they often happen. When you deposit money in a bank and prepare to withdraw money after maturity, you find that this bank is not the one you deposited at the beginning. Are you confused: what about my savings?

In fact, such a situation may be encountered frequently, but it is not encountered every day. What happens once you meet it? In fact, you don't have to worry at all, because no matter how the institutions merge, your deposit can still be taken out from the new bank, and there is no problem in repaying the principal and interest. There are three main situations:

In the first case, several banks merge into a new bank, then this bank will take over all the creditor's rights and debts of the original bank, that is, all your deposits will be taken over by the new bank, and there will be no problem.

At present, the most common situation is that several small banks are formed into a larger bank, especially several local banks are formed into provincial capital city commercial banks.

What happened recently was that Shanxi Bank was formed by the merger of Changzhi Bank, Jinzhong Bank, Jincheng Bank, Datong Bank and Yangquan City Commercial Bank. All the deposits of the five small banks were taken over by the newly established Shanxi Bank and paid at maturity.

If your deposits are in Changzhi Bank, Jinzhong Bank, Jincheng Bank, Datong Bank and Yangquan City Commercial Bank, you may not find these five banks after your deposits expire, so you should withdraw them from the newly established Shanxi Bank. In this process, you don't need to go to the bank to confirm the deposit, and you don't need to go to a new bank to transfer the deposit. You can withdraw it directly when it expires.

Similarly, this year165438 on October 27th, the Liaoning provincial government announced that it had applied for the merger to form a provincial-level city commercial bank-Liaoning Bank by merging 12 related city commercial banks in Liaoning province. According to industry speculation, 12 Bank is likely to be Dandong Bank, Fushun Bank, Benxi Bank, Anshan Bank, Yingkou Bank, Fuxin Bank, Liaoyang Bank and Tieling Bank. If your deposit is made in these 12 banks, don't worry. After the deposit expires, you can go directly to the newly established Liaoning Bank. Even during the establishment process, your deposit withdrawal will not be affected.

In the second case, several local banks jointly set up a new local bank, and the creditor's rights and debts of these banks are still unaffected, and your deposit can still be withdrawn at maturity.

In addition to the merger of several local small banks to form new provincial local commercial banks, many local small banks have merged to form local banks in recent years.

In September 2020, the former Tongshan Rural Commercial Bank, Huaihai Rural Commercial Bank, Pengcheng Rural Commercial Bank and Xuzhou Rural Commercial Bank merged and reorganized, and Wuxi Bank and Jiangyin Bank, two listed banks in Jiangsu Province, were introduced as shareholders to establish a new Xuzhou Rural Commercial Bank; On July 23, 2020, Shaanxi Banking Insurance Regulatory Bureau agreed that Shaanxi Yulin Yuyang Rural Commercial Bank and Shaanxi Hengshan Rural Commercial Bank initiated the establishment of Shaanxi Yulin Rural Commercial Bank in the form of new merger.

This is actually to reorganize the original small banks into local commercial banks. At present, rural commercial banks are the main way of restructuring.

This kind of inter-bank merger and reorganization is essentially the same as the merger and reorganization of several local small banks into provincial commercial banks. In other words, the personal savings deposits of the original bank are all taken over by the new bank, which is responsible for servicing the principal and interest.

Therefore, even in the case of merger and reorganization between small banks, depositors do not need to worry about the payment of their deposits after maturity, because from the historical experience and reality, the new bank is responsible for serving the original bank deposits.

The third situation is that if the original bank is reorganized after bankruptcy, then your deposit may be more complicated.

In fact, what the public is most worried about is what to do after the bank goes bankrupt. This is the most worrying thing. Under normal circumstances, there will be two situations in bank bankruptcy reorganization:

The first case is that the original bank goes bankrupt first and then reorganizes. In this case, according to China's current deposit insurance system, personal savings deposits are absolutely safe within the principal and interest range of 500,000 yuan. Even if the new bank does not completely take over personal deposits in the future, deposit insurance institutions will pay in full; The part with principal and interest exceeding 500,000 is generally taken over by the new bank.

In the second case, the original bank was reorganized first and then went bankrupt. In this case, it is more complicated, because except for insurance institutions within 500 thousand, the rest of the deposits are paid through bank clearing meetings. However, under normal circumstances, due to China's special concern for personal deposits, personal savings deposits will generally be fully taken over by new banks. Therefore, although four banks have gone bankrupt so far, there has been no failure in savings deposits.

Perhaps we are facing an era of merger and reorganization of commercial banks, and the only constant every day is change. For depositors, the biggest change may come from the bank where you deposit today will disappear tomorrow, but a new bank. What will happen to your savings? (Qi Jian)

There are two common forms of bank merger: one is the merger of bank outlets. For example, in a certain area, the same bank has three outlets, A, B and C. Due to the development of internet finance, fewer and fewer customers go to work at the outlets now, and the income of a single point is decreasing. In order to control operating costs, the bank merged three outlets of the Agricultural Bank of China into one outlet; Although the official seal of the bank stamped on your deposit slip (each branch has its own official seal) no longer exists, it does not affect your withdrawal of cash from the deposit slip. After all, your bank is still there.

The other is that banks are poorly managed and merged and reorganized by others. For example, the recent Baoshang Bank, according to the Announcement on the Transfer of Related Business, Assets and Liabilities of Baoshang Bank Co., Ltd. recently issued by the People's Bank of China and the Bank of China Insurance Regulatory Commission, Baoshang Bank Co., Ltd. transferred the related business of branches in Inner Mongolia Autonomous Region to Shang Meng Bank Co., Ltd. and transferred the related business of branches outside Inner Mongolia Autonomous Region to Shang Hui Bank Co., Ltd.

For the merged bank, the new bank will also bear its debts when receiving its assets (for banks, depositors' deposits are a kind of debt), so the relevant deposits, wealth management and funds of the merged bank will be transferred to the new bank, and depositors can withdraw from the new bank (don't worry about not finding relevant information, now the technology is very developed, and the data of the old bank will be directly nested in the new banking system, even if the data is imported incorrectly,

It is common to summarize the merger of bank outlets, especially in recent years, because of the development of internet finance, the merger of bank outlets has become more and more common; The reorganization and merger between enterprises are rare, but in either case, the depositors' funds can be guaranteed, so don't worry too much.

The bank merger has no effect on the regular demand of depositors.

If the bank fails, it will have an impact on the deposits of bank depositors.

Bank merger and acquisition can expand the scale of banks, promote the large-scale development of city banks and improve the competitiveness of banks. Reduce the risks and costs of banks. Promote the diversified development of banks.

Now banks are all commercial banks. According to state regulations, before the merger of enterprises, the merged enterprise shall repay the creditor's rights and debts of the original enterprise, and those that cannot be repaid shall not be merged. In other words, before the merger of banks, the original bank is required to repay its depositors' deposits first. Otherwise, the CBRC will not approve their merger.

If two banks merge, depositors' deposits will generally be transferred to the new bank. The new bank accepts all depositors' business of the original bank. However, I have to go to the bank to go through the formalities of change.

Therefore, the merger of banks has little impact on depositors.

Don't worry too much about this! As long as the depositor's money is in the bank, there will be no loss. Even if bank outlets merge and banks are merged and reorganized by others, depositors' unexpired deposits are still fully guaranteed!

The merger of bank outlets is the general trend. In recent years, with the vigorous promotion of online business, most obligations can be handled through bank APP, and counter business is increasingly welcomed by customers!

At the same time, the business volume of bank physical outlets has been greatly reduced, making it difficult to make ends meet. In order to control costs, banks will naturally choose to merge some offline outlets in the same area, which should be regarded as the general trend and optimize the combination!

Relevant data show that in 20 19, there were 836 physical outlets in the six major state-owned banks. After entering 2020, the process of network merger has obviously accelerated. As of May 4th, the bank has closed 80 1 outlets!

Although the outlets have merged, the bank is still there. As long as it is a bank deposit, you must be responsible for it!

It is basically impossible for banks to be acquired, merged and reorganized by other banks because of poor management. Once banks have operational difficulties, the most common way to deal with them is to be taken over by other banks or even merged and reorganized.

For example, before contracting banks, wasn't this business taken over by Shang Meng Bank and Shanghui Bank?

In this case, you can take the deposit slip, passbook and bank card of the original bank and go to the corresponding bank to withdraw money.

Now the network technology is so developed that after the merger of banks, all the information of customers, whether deposits, wealth management, loans, etc., can be imported only by electronic data. , it will be completely transferred, and there will be no data problems at all (there are papers and backups).

In short, no matter whether the bank outlets are merged or reorganized by other banks, the depositor's deposit data will not be lost. Just wait for the fixed deposit to expire before you go to a new outlet (or bank) to withdraw it! The merger, cancellation, relocation and cancellation of bank outlets will happen very often in recent years. You can see the number of financial institution business licenses issued by the People's Bank of China every month, because according to the regulatory regulations, as long as the original address is empty, the original financial institution business license must be revoked, and as long as there is a new address, a new license must be applied for.

Now that economic activities are developed, especially the urbanization advocated by the state, great changes will take place in the city every year. In this case, the business outlets of the original bank may just need to be relocated and adjusted. At the same time, according to the constant change of business, some business outlets may expand, but some contracted business outlets may merge. In fact, the most important change is the arrival of the mobile internet society, so that there will be fewer and fewer offline business counters in the future development of banks, and the business can be moved online. The combination of these three factors leads to frequent changes in the business outlets of banks.

Then, will the change of bank outlets affect the normal business handling of depositors? No, no, absolutely not. No matter what the final result of the bank's business outlets is, as long as you want to move out of the original location, you must complete the work step by step according to the procedures stipulated by the central bank and the China Banking Regulatory Commission, or you will be punished. Among them, it is required to post relevant announcements in front of the bank counter six months in advance, and at the same time explain the follow-up matters clearly. Then the customer can handle the subsequent deposits according to the method described in the announcement.

If the hand-held time deposit has not expired and the business outlets have changed after the expiration, the bank's services are still very comprehensive. In fact, there are the following solutions.

1. Call the unified customer service phone of the bank, and the customer service of the bank will tell you how to handle it in the future, where to handle it, and the new contact information and phone number.

2. There are many time deposits in the bank, and the universal deposit and withdrawal service has been opened. After maturity, you can go to another business outlet of the same bank to withdraw money. Does not affect normal rights and interests.

3. If you have already handled online banking such as online banking or electronic banking. If it is a regular savings card, you can withdraw and transfer money directly online. But if it is a certificate of deposit, you must go to the offline business outlets.

4. Look for the original counter staff of the bank you are familiar with, or go to the original address to read the announcement yourself. According to the regulations, it is necessary to post a relocation notice for several months after relocation to facilitate depositors to inquire and find a new address.

In the past, banks generally handled it this way: if the outlets only moved or merged, all the original businesses would be taken over by the new bank outlets. If the outlet is cancelled, the general bank will designate a bank outlet to take over the business, or directly transfer it to the branch business department for handling.

Now don't worry about the disappearance of these outlets, if the easiest way is to call customer service.

There are two main forms of bank merger, one is the merger of branches of banks, and the other is the merger between banks, that is, merger and reorganization, but neither of them will affect depositors' time deposits.

Let's see if the merger of our outlets has any impact on depositors' deposits. As we all know, commercial banks always aim at maximizing profits. With the development of regional economy and the change of competition situation in the same industry, some physical outlets will have low output and low efficiency, which obviously does not meet the needs of increasing production and increasing efficiency. Therefore, the phenomenon of merging and merging of our outlets is very common, not only for local small and medium-sized banks, but also for large state-owned and joint-stock banks.

Then, what about the depositors' deposits and other businesses in the old outlets? Do you all ask to take it out and do it again? Obviously, it is impossible, because it will cause the loss of depositors' interests, and then damage the bank's credit. The physical outlets of banks are all branches, not independent legal institutions, but unified accounting and system networking under the leadership of the head office.

Therefore, under the condition of modern network technology, this merger is very simple, just switching all electronic data. In other words, account information including all customers' deposits, loans, wealth management products and funds will be completely translated to new outlets. So as a depositor, there is almost no feeling. Just follow the "notice of merger" and go to the new outlet. The original current account is still a current account, but it is still a fixed account. In short, it's just a change of office location, and everything else is the same.

The merger and reorganization between banks is slightly different from the merger of outlets. In order to resolve the bankruptcy risk of a bank, the international banking industry generally adopts the form of merger and reorganization to minimize the impact. After all, banking financial institutions involve a wide range and have great influence.

In the process of merger and reorganization, the new bank will generally take over all the assets and liabilities of the old bank, and even consider the acceptance of employees. Under special circumstances, inferior assets may not be accepted, and may be packaged and handled by professional asset management companies. Insurance funds will make some compensation for the insufficient part, so as to realize the intention of merger and reorganization of the new bank as much as possible; Non-asset businesses, including deposit business, are transferred to the new bank in principle, and deposits remain in their original state. Demand is demand, and term is term, that is, interest rate and maturity time remain unchanged.

Of course, since banks have changed their names and surnames, the final certificates of deposit need to be unified, but this is more flexible. For example, a demand deposit may need to be changed even if the account is changed, but a time deposit may need to be changed after it expires, or it can be changed in time. But there is always one thing, whether it is replaced beforehand or afterwards, the interests of depositors will not be lost. Therefore, even if the time deposit has not expired, you can still completely rest assured and rationally follow the rhythm of the new bank. No problem. You should trust the credit and supervision of banks.

If the bank is merged and your deposit is not due, will the funds be at risk? Let's have a brief look.

Depositors' time deposits in banks belong to personal legal assets and are protected by state laws. According to China's deposit insurance regulations, as long as the bank does not go bankrupt, the bank deposit will protect the principal and interest, and the bank must pay it rigidly.

Bank merger does not mean bank bankruptcy. As long as your deposit bank is still operating normally, there is no risk in personal time deposit. If you withdraw money from the bank before the deposit expires, the bank will settle it with you at the current interest.

If your deposit bank goes bankrupt, according to the deposit insurance regulations, the principal and interest of the deposit insurance fund within 500,000 yuan of the bank will be paid first, and the part exceeding 500,000 yuan will be liquidated according to the bankruptcy of the bank.

There are two possibilities for bank merger. One is that your deposit bank did not file for bankruptcy and was absorbed and merged by other banks. In this case, your deposit will also be transferred to the merged bank, so there is no risk.

Another situation is that your deposit bank is merged and reorganized after bankruptcy, so for you, the principal and interest below 500,000 is risk-free, and the principal and interest above 500,000 will be liquidated according to the bankruptcy situation, which is likely to bear certain losses.

It is very normal for banks to merge with banks, but no matter how banks merge, depositors don't have to worry about time deposits in banks. What should depositors do?

Faced with the imminent bank merger, depositors can only have two ways to deal with it:

(1) Withdrawal in advance and deposit in other banks.

Because the bank will issue a notice before the merger, it will notify each depositor on the relevant website or directly, and notify the bank to merge by SMS or telephone.

In this case, if depositors are worried about the safety of their deposits, they can withdraw their time deposits in advance and lose some interest to ensure the safety of the principal. Then deposit the money in other banks for time deposit, which can completely avoid the uncertainty brought by bank merger.

(2) Leave him alone and continue to make time deposits.

The merger of banks is regarded as the replacement of the banking system, which has no impact on depositors, deposit safety and will not cause losses to depositors.

Therefore, depositors can completely ignore these deposits as long as they know that there is a bank merger, and there is no conflict with depositors.

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There are only two ways to withdraw unexpired time deposits when banks merge with banks. One is to take it out and deposit it in other banks; Secondly, there are two ways to deal with this matter, such as continuing to deposit time deposits without doing anything.

Don't worry about this at all. Whether it's your own time savings or a series of wealth management products purchased in this bank, including some rigid deferred payment products sold by their banks, or smart deposits of private banks, you can guarantee them through the deposit guarantee regulations. The essence of bank merger is to merge all the bank data of the two banks, so all the time deposits and their series of wealth management products publicly issued by the two banks, including basic business, are recognized by either bank.

Therefore, after the merger of two banks or diseases between banks, the previous time deposits of this bank can be paid as scheduled, even if they are not due. There may be some related business transactions involved here. In this part of business transactions, we should pay attention to some wealth management products, which may be renamed, but the series of wealth management products previously sold by their two banks can still be guaranteed by rigid redemption.

For our depositors, what we really need to care about is whether the nature of the bank has changed after the change, because this basically involves the fluctuation of our own deposit interest rate in the future. Of course, general banks can be merged or merged, and they are basically private banks or some local commercial banks. The nature of these banks determines that their interest rates fluctuate relatively high, so after the merger, they can still safely deposit their money in the newly merged bank.

If the bank is to be merged, the time deposits of depositors in the bank will not expire, and there will be no impact.

The merger of the two banks requires a merger. For example, if a strong bank buys a small bank, this merger is only a change in equity and management structure, and will not affect the two banks. The two banks will still operate in parallel at the same time, and the acquisition will only affect the asset accounting of the acquirer and the acquired party.

The other is reorganization. For example, small and medium-sized banks encounter operational difficulties and will be reorganized in order to solve the difficulties. For example, Baoshang Bank will be reorganized into Shang Meng Bank according to regulatory requirements, so this bank may not exist, but it will not affect depositors. Bank reorganization is only the reorganization of company assets. After the liquidation of related assets and liabilities, the new company was established and the assets and liabilities were inherited. Depositors' deposits will still exist and will not be affected.

Of course, if the bank is insolvent and bankrupt directly, it can only be liquidated, so even if you withdraw money from the bank, you can't take it out because there has been a run. In this case, if it is less than 500,000 yuan, it can be compensated by the insurance company (China implements the deposit insurance system), and the remaining deposits need to be determined according to the results of bank liquidation.

In the history of our country, only two banks closed down, namely Hainan Development Bank and Shangcun Rural Credit Cooperative in Suning County, Hebei Province, but the user deposits at that time were properly solved. In recent years, the supervision of China's financial industry has been continuously improved, and the possibility of bank bankruptcy is very low. Even if some banks are at risk due to non-large-scale operation, the crisis can be resolved through the custody and reorganization of large commercial banks, and all depositors' deposits have been guaranteed.

So there is no need to worry about bank merger. If a bank that saves its own money really wants to merge with other banks, there is no need to worry too much about the safety of deposits. If you really don't feel at ease, even if it is not due, you can take out the time deposit. If you only withdraw in advance, you can only pay the current interest. For example, if you save for three years, the interest rate is 3%. If it is only deposited for more than one year, it can be withdrawn in advance, and the interest can only be calculated at 0.3% of the current period.

As long as the deposit amount does not exceed 50 yuan, almost any bank is safe. If the capital is more than 500,000 yuan and you are a very conservative investor, then out of caution, if you are worried about the risks of future banks, you can divide the money into two parts or the parts below 500,000 yuan in different banks, so as to ensure foolproof.