Statement of Condition

As of March 31, 2017

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: Walter "Butch" Osborne & D.E. Droppleman, CFO


This credit union is federally insured by the National Credit Union Administration


Assets
Total Net Loans$244,338,009
Liquid Assets$7,132,322
Investments$68,602,156
Receivables$980,349
Prepaid/Deferred Expenses$2,480,101
Fixed Assets$16,561,379
Accrued Income$525,706
Other Assets$3,129,155
Total Assets$343,749,177
Liabilities & Equity
Accounts & Notes Payable$2,805,645
Accrued Expenses$1,027,604
Other Liabilities$91,413
Total Shares$311,926,138
Total Equity$27,898,377
Total Liabilities & Equity$343,749,177
Statistics
Number of Members39,474
Total Delinquent Loans$579,878
Net Worth Ratio9.09%
Delinquency Rate0.24%