With the increasing fiscal pressure in counties，the intervention of county governments in the allocation of financial resources has led to county financial markets reduced to the “second treasury”of the government，which has an impact on the stability of county finance. Based on 142 counties’fiscal data and county-level rural commercial banks’ financial data from 2011 to 2021，this paper empirically examines the impact of county fiscal pressure on rural commercial banks’risk using a multiple mediating effects model.The findings show that in the context of increased fiscal pressure，county governments achieve the allocation of financial resources in the region mainly by intervening in the credit scale and credit investment of rural commercial banks， which nonetheless increases the risk of rural commercial banks.Further research shows that the impact of county fiscal pressure on rural commercial banks has certain prerequisites.When the fiscal deficit ratio is higher than the international safety line of 3% or when the rural financial market is oligopolistic，county fiscal pressure has a significant negative impact on rural commercial bank risk，otherwise the impact is not significant.In addition，since the county government plays a leading role in the implementation of rural revitalization strategy as the “visible hand”，if the government provided incentives for the market，such as building a county-wide credit information sharing mechanism or a coordination mechanism among “government，bank，insurance and guarantee”，the financial pressure in the county will lead to the expansion of credit scale and the increase of the proportion of real estate loans.Even so，it will reduce the risk of rural commercial banks，which provides new evidence for the development of financial synergy in the context of rural revitalization.