As of February 28, 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 | $263,381,412 |
| Liquid Assets | $7,501,947 |
| Investments | $61,075,540 |
| Receivables | $718,988 |
| Prepaid/Deferred Expenses | $3,524,750 |
| Fixed Assets | $17,448,939 |
| Accrued Income | $644,280 |
| Other Assets | $3,315,957 |
| Total Assets | $356,611,814 |
| Liabilities & Equity | |
| Accounts & Notes Payable | $2,418,029 |
| Accrued Expenses | $1,312,049 |
| Other Liabilities | $70,706 |
| Total Shares | $321,036,185 |
| Total Equity | $31,774,845 |
| Total Liabilities & Equity | $356,611,814 |
| Statistics | |
|---|---|
| Number of Member Accounts | 40,830 |
| Total Delinquent Loans | $1,450,543 |
| Net Worth Ratio | 9.79% |
| Delinquency Rate | 0.55% |
