Local Development
B
Fairmont Federal Credit Union
Rating Date
March 2024
Net Capital
Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings Fairmont Federal Credit Union
Fairmont, WV
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Rating B
Asset Quality Index 7.70
Capitalization Index 6.10
Liquidity Index 2.90
Profitability Index 5.30
Stability Index 5.30
Company Info Fairmont Federal Credit Union
Fairmont, WV
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NCUA Charter Number 1043
Phone Number (304) 363-5320
Website www.fairmontfcu.com
Asset Quality Fairmont Federal Credit Union
Fairmont, WV
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1-Year Asset Growth -1.04%
5-Year Asset Growth 7.15%
5-Year Charge-Offs to Average Loans 0.08%
Charge-Offs to Average Loans 0.05%
Non-Performing Assets to Assets 0.49%
Non-Performing Loans to Capital 6.33%
Non-Performing Loans to Loans 0.56%
Balance Sheet Fairmont Federal Credit Union
Fairmont, WV
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Total Assets 487.41M
Total Deposits 442.29M
Capital and Reserves Fairmont Federal Credit Union
Fairmont, WV
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Capital 36.60M
Leverage Ratio 9.74
Loan Loss Reserves to Loans 0.31%
Liquidity Fairmont Federal Credit Union
Fairmont, WV
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Hot Money Ratio 5.76%
Liquidity Ratio 12.27%
Profitability Fairmont Federal Credit Union
Fairmont, WV
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5-Year Return on Average Assets 0.51%
Net Income 4.59M
Net Interest Spread 3.36%
Operating Profit to Average Assets 0.94%
Overhead Efficiency Ratio 77.95%
Return on Assets 0.93%
Return on Equity 13.59%
Weiss Ratings