As of February 28, 2025
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 | $358,482,293 |
| Liquid Assets | $7,678,638 |
| Investments | $157,291,803 |
| Receivables | $1,004,961 |
| Prepaid/Deferred Expenses | $10,589,092 |
| Fixed Assets | $14,478,695 |
| Accrued Income | $975,004 |
| Other Assets | $4,619,669 |
| Total Assets | $555,120,156 |
| Liabilities & Equity | |
|---|---|
| Accounts & Notes Payable | $4,252,364 |
| Accrued Expenses | $1,103,523 |
| Other Liabilities | $127,025 |
| Total Shares | $506,998,760 |
| Total Equity | $42,638,483 |
| Total Liabilities & Equity | $555,120,156 |
| Statistics | |
|---|---|
| Number of Member Accounts | 44,664 |
| Total Delinquent Loans | $1,302,469 |
| Net Worth Ratio | 9.27% |
| Delinquency Rate | 0.36% |
