Statement of Condition

As of October 31, 2014

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: Stanley Rittenhouse, CEO/Treasurer & D.E. Droppleman, CFO


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


Assets
Total Net Loans$236,826,028
Liquid Assets$7,339,806
Investments$43,456,737
Receivables$515,193
Prepaid/Deferred Expenses$3,494,500
Fixed Assets$10,196,233
Accrued Income$509,193
Other Assets$3,082,917
Total Assets$305,420,607
Liabilities & Equity
Accounts & Notes Payable$3,994,845
Accrued Expenses$945,526
Other Liabilities$23,148
Total Shares$275,515,630
Total Equity$24,941,458
Total Liabilities & Equity$305,420,607
Statistics
Number of Members38,114
Total Delinquent Loans$231,099
Net Worth Ratio8.76%
Delinquency Rate0.10%