Statement of Condition

As of May 31, 2015

Based upon our knowledge these financial statements truly and fairly present in all material respects Fairmont Federal Credit Union's financial condition and results of operations. Acknowledged by: Walter "Butch" Osborne & D.E. Droppleman, CFO


This credit union is federally insured by the National Credit Union Administration


Assets
Total Net Loans$230,965,583
Liquid Assets$7,600,632
Investments$64,450,506
Receivables$604,715
Prepaid/Deferred Expenses$3,738,354
Fixed Assets$11,291,335
Accrued Income$533,890
Other Assets$3,009,577
Total Assets$322,194,592
Liabilities & Equity
Accounts & Notes Payable$4,356,566
Accrued Expenses$943,369
Other Liabilities$4,662
Total Shares$290,914,562
Total Equity$25,975,433
Total Liabilities & Equity$322,194,592
Statistics
Number of Members38,213
Total Delinquent Loans$384,424
Net Worth Ratio8.62%
Delinquency Rate0.17%