As of September 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 | $350,377,894 |
Liquid Assets | $8,617,890 |
Investments | $123,611,548 |
Receivables | $824,588 |
Prepaid/Deferred Expenses | $10,428,540 |
Fixed Assets | $14,317,898 |
Accrued Income | $1,018,549 |
Other Assets | $4,437,930 |
Total Assets | $513,634,837 |
Liabilities & Equity | |
---|---|
Accounts & Notes Payable | $4,784,668 |
Accrued Expenses | $1,311,132 |
Other Liabilities | $150,551 |
Total Shares | $465,891,650 |
Total Equity | $41,496,836 |
Total Liabilities & Equity | $513,634,837 |
Statistics | |
---|---|
Number of Member Accounts | 44,522 |
Total Delinquent Loans | $1,120,815 |
Net Worth Ratio | 9.69% |
Delinquency Rate | 0.32% |