As of June 30, 2024
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 | $342,872,690 |
| Liquid Assets | $7,602,175 |
| Investments | $128,501,647 |
| Receivables | $2,016,760 |
| Prepaid/Deferred Expenses | $10,231,395 |
| Fixed Assets | $14,459,487 |
| Accrued Income | $969,753 |
| Other Assets | $4,503,030 |
| Total Assets | $511,156,937 |
| Liabilities & Equity | |
|---|---|
| Accounts & Notes Payable | $7,331,462 |
| Accrued Expenses | $1,392,506 |
| Other Liabilities | $130,551 |
| Total Shares | $463,335,294 |
| Total Equity | $38,967,125 |
| Total Liabilities & Equity | $511,156,937 |
| Statistics | |
|---|---|
| Number of Member Accounts | 44,269 |
| Total Delinquent Loans | $1,823,619 |
| Net Worth Ratio | 9.55% |
| Delinquency Rate | 0.53% |
