As of March 31, 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 | $257,040,541 |
| Liquid Assets | $9,742,147 |
| Investments | $176,200,014 |
| Receivables | $1,614,594 |
| Prepaid/Deferred Expenses | $9,567,582 |
| Fixed Assets | $15,965,045 |
| Accrued Income | $617,740 |
| Other Assets | $3,801,688 |
| Total Assets |
$474,549,351 |
| Liabilities & Equity | |
|---|---|
| Accounts & Notes Payable | $5,301,882 |
| Accrued Expenses | $1,094,154 |
| Other Liabilities | $39,227 |
| Total Shares | $434,360,544 |
| Total Equity | $33,753,544 |
| Total Liabilities & Equity | $474,549,351 |
| Statistics | |
|---|---|
| Number of Member Accounts | 41,893 |
| Total Delinquent Loans | $507,132 |
| Net Worth Ratio | 8.22% |
| Delinquency Rate | 0.20% |
