As of June 30, 2021
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 | $270,646,647 |
| Liquid Assets | $10,839,652 |
| Investments | $161,439,341 |
| Receivables | $1,026,183 |
| Prepaid/Deferred Expenses | $10,271,313 |
| Fixed Assets | $15,831,569 |
| Accrued Income | $579,463 |
| Other Assets | $3,909,515 |
| Total Assets |
$474,543,683 |
| Liabilities & Equity | |
|---|---|
| Accounts & Notes Payable | $4,689,909 |
| Accrued Expenses | $1,140,223 |
| Other Liabilities | $73,335 |
| Total Shares | $433,472,611 |
| Total Equity | $35,167,605 |
| Total Liabilities & Equity | $474,543,683 |
| Statistics | |
|---|---|
| Number of Member Accounts | 42,155 |
| Total Delinquent Loans | $1,342,672 |
| Net Worth Ratio | 8.33% |
| Delinquency Rate | 0.50% |
