Statement of Condition

As of September 30, 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$236,356,663
Liquid Assets$7,455,612
Investments$34,432,620
Receivables$866,313
Prepaid/Deferred Expenses$3,506,396
Fixed Assets$9,780,851
Accrued Income$543,145
Other Assets$2,943,962
Total Assets$295,885,562
Liabilities & Equity
Accounts & Notes Payable$3,312,919
Accrued Expenses$887,564
Other Liabilities$23,354
Total Shares$266,885,682
Total Equity$24,776,043
Total Liabilities & Equity$295,885,562
Statistics
Number of Members38,105
Total Delinquent Loans$259,811
Net Worth Ratio9.0%
Delinquency Rate0.11%