As of August 31, 2022
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 | $305,864,126 |
| Liquid Assets | $9,799,033 |
| Investments | $145,237,998 |
| Receivables | $1,116,537 |
| Prepaid/Deferred Expenses | $8,177,453 |
| Fixed Assets | $15,023,264 |
| Accrued Income | $699,437 |
| Other Assets | $4,469,926 |
| Total Assets | $490,387,774 |
| Liabilities & Equity | |
|---|---|
| Accounts & Notes Payable | $4,832,046 |
| Accrued Expenses | $1,128,926 |
| Other Liabilities | $68,477 |
| Total Shares | $453,583,037 |
| Total Equity | $30,775,288 |
| Total Liabilities & Equity | $490,387,774 |
| Statistics | |
|---|---|
| Number of Member Accounts | 43,221 |
| Total Delinquent Loans | $1,314,846 |
| Net Worth Ratio | 8.42% |
| Delinquency Rate | 0.43% |
