As of November 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 | $352,846,796 |
| Liquid Assets | $7,393,594 |
| Investments | $141,921,341 |
| Receivables | $1,091,711 |
| Prepaid/Deferred Expenses | $10,449,080 |
| Fixed Assets | $14,320,107 |
| Accrued Income | $991,052 |
| Other Assets | $4,536,243 |
| Total Assets | $533,549,925 |
| Liabilities & Equity | |
|---|---|
| Accounts & Notes Payable | $6,271,115 |
| Accrued Expenses | $1,405,646 |
| Other Liabilities | $141,755 |
| Total Shares | $484,237,854 |
| Total Equity | $41,493,556 |
| Total Liabilities & Equity | $533,549,925 |
| Statistics | |
|---|---|
| Number of Member Accounts | 44,304 |
| Total Delinquent Loans | $1,705,641 |
| Net Worth Ratio | 9.45% |
| Delinquency Rate | 0.48% |
