Statement of Condition

As of December 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$236,351,267
Liquid Assets$6,633,231
Investments$42,874,069
Receivables$755,190
Prepaid/Deferred Expenses$3,489,621
Fixed Assets$10,578,876
Accrued Income$594,086
Other Assets$2,978,113
Total Assets$304,254,453
Liabilities & Equity
Accounts & Notes Payable$2,907,703
Accrued Expenses$1,074,522
Other Liabilities$15,939
Total Shares$275,016,937
Total Equity$25,239,352
Total Liabilities & Equity$304,254,453
Statistics
Number of Members38,199
Total Delinquent Loans$503,940
Net Worth Ratio8.90%
Delinquency Rate0.21%