As of July 31, 2019
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: Cindy Dickey CEO & Nancy Lopez, Exec VP, CFO
This credit union is federally insured by the National Credit Union Administration
| Assets | |
|---|---|
| Total Net Loans | $269,035,344 |
| Liquid Assets | $7,798,039 |
| Investments | $52,426,271 |
| Receivables | $970,767 |
| Prepaid/Deferred Expenses | $1,544,251 |
| Fixed Assets | $17,150,974 |
| Accrued Income | $683,732 |
| Other Assets | $3,155,706 |
| Total Assets | $352,765,084 |
| Liabilities & Equity | |
| Accounts & Notes Payable | $2,955,539 |
| Accrued Expenses | $1,081,348 |
| Other Liabilities | $47,143 |
| Total Shares | $317,029,624 |
| Total Equity | $31,651,430 |
| Total Liabilities & Equity | $352,765,084 |
| Statistics | |
|---|---|
| Number of Member Accounts | 41,296 |
| Total Delinquent Loans | $2,421,730 |
| Net Worth Ratio | 10.23% |
| Delinquency Rate | 0.90% |
