As of September 30, 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 | $267,688,324 |
| Liquid Assets | $9,528,759 |
| Investments | $54,619,947 |
| Receivables | $1,187,986 |
| Prepaid/Deferred Expenses | $2,102,526 |
| Fixed Assets | $17,062,501 |
| Accrued Income | $629,974 |
| Other Assets | $3,290,108 |
| Total Assets | $356,110,125 |
| Liabilities & Equity | |
| Accounts & Notes Payable | $3,320,819 |
| Accrued Expenses | $1,111,786 |
| Other Liabilities | $78,955 |
| Total Shares | $318,765,743 |
| Total Equity | $32,832,822 |
| Total Liabilities & Equity | $356,110,125 |
| Statistics | |
|---|---|
| Number of Member Accounts | 41,384 |
| Total Delinquent Loans | $2,604,335 |
| Net Worth Ratio | 10.37% |
| Delinquency Rate | 0.97% |
