Statement of Condition

As of July 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$232,672,274
Liquid Assets$6,527,748
Investments$62,001,104
Receivables$570,711
Prepaid/Deferred Expenses$3,399,402
Fixed Assets$12,551,713
Accrued Income$484,957
Other Assets$3,028,395
Total Assets$321,236,304
Liabilities & Equity
Accounts & Notes Payable$4,340,329
Accrued Expenses$871,582
Other Liabilities$0
Total Shares$290,144,030
Total Equity$25,880,363
Total Liabilities & Equity$321,236,304
Statistics
Number of Members38,361
Total Delinquent Loans$462,623
Net Worth Ratio8.75%
Delinquency Rate0.20%