As of February 29, 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 | $347,215,928 |
Liquid Assets | $5,889,021 |
Investments | $105,393,081 |
Receivables | $962,033 |
Prepaid/Deferred Expenses | $9,871,817 |
Fixed Assets | $14,318,741 |
Accrued Income | $892,676 |
Other Assets | $4,911,475 |
Total Assets | $489,454,771 |
Liabilities & Equity | |
---|---|
Accounts & Notes Payable | $3,072,346 |
Accrued Expenses | $1,035,676 |
Other Liabilities | $150,276 |
Total Shares | $448,268,241 |
Total Equity | $36,928,233 |
Total Liabilities & Equity | $489,454,771 |
Statistics | |
---|---|
Number of Member Accounts | 43,986 |
Total Delinquent Loans | $754,904 |
Net Worth Ratio | 9.62% |
Delinquency Rate | 0.22% |