Statement of Condition

As of August 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$236,119,946
Liquid Assets$9,117,821
Investments$38,089,607
Receivables$700,027
Prepaid/Deferred Expenses$3,475,909
Fixed Assets$9,759,462
Accrued Income$526,658
Other Assets$2,962,509
Total Assets$300,751,939
Liabilities & Equity
Accounts & Notes Payable$4,360,002
Accrued Expenses$821,877
Other Liabilities$22,891
Total Shares$270,891,480
Total Equity$24,655,689
Total Liabilities & Equity$300,751,939
Statistics
Number of Members38,052
Total Delinquent Loans$206,956
Net Worth Ratio8.81%
Delinquency Rate0.09%