2024-11-05T09:23:43-05:00 2023-12-31 472565485 BUCKINGHAM BUSINESS ADVISORS LLC 180-A COMMERCE PARK DR WESTERVILLE OH 430826067 990 2023-01-01 316077716 BRIDGE CREDIT UNION BRID 6144664988 10567 SAWMILL PARKWAY POWELL OH 43065 JAROD BACH PRESIDENT/CEO 6144664988 2024-10-14 true true ERIN ALDERSON EA P01231640 6148906620 2024-10-21 2023 2024-10-15 13:58:12Z JAROD BACH 10567 SAWMILL PARKWAY SUITE 100 POWELL OH 43065 13368309 false X WWW.BRIDGECU.ORG X CREDIT UNION 1967 OH IT IS THE MISSION OF BRIDGE CREDIT UNION TO EXCEED EXPECTATIONS WITH SUPERIOR SERVICE AND PRODUCTS THAT WILL PROMOTE MEMBERS' FINANCIAL SUCCESS, WHILE OPERATING IN A FINANCIALLY SOUND, ETHICAL MANNER. 11 11 70 11 21626 0 7141399 9884452 687152 2564525 560902 919332 8389453 13368309 0 430793 1558430 2778439 4511555 0 0 3890229 5897629 7099461 11967614 1289992 1400695 143847202 194911490 127342000 173412533 16505202 21498957 IT IS THE MISSION OF BRIDGE CREDIT UNION TO EXCEED EXPECTATIONS WITH SUPERIOR SERVICE AND PRODUCTS THAT WILL PROMOTE MEMBERS' FINANCIAL SUCCESS, WHILE OPERATING IN A FINANCIALLY SOUND, ETHICAL MANNER. false false DIVIDENDS PAID TO MEMBERS ON APPROXIMATELY 40,213 DEPOSIT ACCOUNTS HELD BY APPROXIMATELY 20,298 MEMBERS. EMPLOYEE LABOR AND BENEFIT COSTS INCURRED PROVIDING MEMBER SERVICES AND SUPPORT; INCLUDING SAVINGS DEPOSITS AND WITHDRAWALS, LOAN ORIGINATION AND SERVICING, AND MEMBER TECHNICAL SUPPORT. DATA PROCESSING COSTS INCURRED PROVIDING MEMBERS MONTHLY ACCESS TO THEIR FUNDS THROUGH AN INTERNATIONAL ATM NETWORK, AND THROUGH CHECKING ACCOUNT LINKED ELECTRONIC DEBIT CARDS. false false false false false false false false false true false true false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 3818 0 70 true true true false false false false false false false X 11 11 false false false false true true true true true false false false true true false true true true true false X JAROD BACH 6144664988 10567 SAWMILL PARKWAY SUITE 100 POWELL OH 43065 JAROD BACH PRESIDENT/CE 40.00 X 291569 0 16634 AMY ROBINETTE VP / CFO 40.00 X 169928 0 12285 JEFF CHRISTENSEN VP / CIO 40.00 X 152264 0 17065 BRANDYNN ADAMS VP / CXO 40.00 X 139675 0 16364 PATRICK CURTAIN VP / CLO 40.00 X 129912 0 17065 JOHN AUDET DIRECTOR 1.25 X 0 0 0 DAN DENIRO SECRETARY 1.25 X 0 0 0 SARA DOWNS DIRECTOR 1.25 X 0 0 0 SHARI FOWLER DIRECTOR 1.25 X 0 0 0 KATHY LUDOWESE TREASURER 1.25 X 0 0 0 MICHAEL MCCOLEMAN DIRECTOR 1.25 X 0 0 0 BENITA NEELY DIRECTOR 1.25 X 0 0 0 BILL PETRUNAK DIRECTOR 1.25 X 0 0 0 JULIE RAY CHAIRPERSON 1.25 X 0 0 0 BRETT SHEARER VICE CHAIRPE 1.25 X 0 0 0 RON WEHNER DIRECTOR 1.25 X 0 0 0 883348 79413 5 false true false LOAN INTEREST 522100 6982989 6982989 FEE INCOME 522100 2461435 2461435 OTHER INCOME 524298 418402 418402 ATM SURCHARGE INCOME 522100 20726 20726 OTHER INCOME - UBIT 522100 900 900 9884452 2564525 2564525 114571 114571 114571 114571 OTHER INCOME 804761 804761 804761 13368309 9862826 21626 3483857 1558430 765696 2367939 304933 816056 256931 53935 67164 509981 386111 905504 490402 123905 3753 818118 19370 LOAN LOSSES 984652 ATM/CHECK CARD 691134 LOAN SERVICING 520486 OVERDRAWN ACCTS WRITE OFF 85363 237751 11967614 0 0 0 1471322 3356045 20557473 38217845 244043 227972 89372977 116763042 362185 322190 8656534 1581281 4652723 7075253 26234717 25862957 951762 3086186 143847202 194911490 1973562 2299363 125368438 171113170 127342000 173412533 X 16505202 21498957 16505202 21498957 143847202 194911490 X 1400695 3593060 X false false 1061482 1061482 5350050 282509 5067541 2245002 1298772 946230 7075253 CORPORATE ONE FED FUNDS PLUS 25862957 C 25862957 MEMBER SHARES 77516818 MONEY MARKET 33082306 MEMBER CERTIFICATES 27154376 MEMBER SHARE DRAFTS 26451296 MEMBER IRAS 5230086 BUSINESS SHARE DRAFTS 1001083 BUSINESS MONEY MARKET 314726 BUSINESS CERTIFICATES 198388 MEMBER CHRISTMAS CLUBS 174085 NOTE PAYABLE 109290 HEALTH SAVINGS 8609 OTHER LIABILITIES -127893 171113170 X X false false false JAROD BACH PRESIDENT/CEO 291569 16634 308203 AMY ROBINETTE VP / CFO 169928 12285 182213 JEFF CHRISTENSEN VP / CIO 152264 17065 169329 BRANDYNN ADAMS VP / CXO 139675 16364 156039 FORM 990, PAGE 6, PART VI, LINE 6 THE CREDIT UNION IS COMPRISED OF A SINGLE CLASS OF APPROXIMATELY 20,298 MEMBER-OWNERS, EACH OF WHICH HAS EQUAL RIGHTS IN OWNERSHIP, GOVERNANCE, AND VOTING RIGHTS AT ANNUAL MEETINGS, WITH THE EXCEPTION OF THE MEMBER- OWNERS WHO ARE ELECTED TO THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBER-OWNERS OF THE CREDIT UNION HAVE THE AUTHORITY TO ELECT THE MEMBERS OF THE BOARD OF DIRECTORS FOR 3 YEAR TERMS ON A ROTATING BASIS. CANDIDATES ARE ELECTED BY A SIMPLY PLURALITY VOTE. FORM 990, PAGE 6, PART VI, LINE 7B ELECTED BOARD MEMBERS MAKE DECISIONS FOR THE CREDIT UNION, HOWEVER THE COMPANY'S CODE OF REGULATION PROVIDE A PROCEDURE WHEREBY MEMBERS CAN REVERSE/OVERRIDE A DECISION TAKEN BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 11B THE CREDIT UNION HAS HIRED AN OUTSIDE CPA FIRM TO PROCESS FORM 990. THE RETURN IS THEN REVIEWED BY THE CREDIT UNION'S ACCOUNTING STAFF AND MADE AVAILABLE FOR ANY BOARD MEMBER UPON REQUEST. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS PERFORMS A COMPREHENSIVE REVIEW OF COMPENSATION BASED ON VARIOUS FACTORS AND STUDIES OF COMPARIBLY SITUATED INDIVIDUALS IN THE CREDIT UNION INDUSTRY. FORM 990, PAGE 6, PART VI, LINE 15B MANAGEMENT REVIEW COMPENSATION BASED ON COMPANY POLICY AND KEY PERFORMANCE FACTORS. MANAGEMENT ALSO USES VARIOUS DATA OF COMPARABLY SITUATED INDIVIDUALS IN THE CREDIT UNION INDUSTRY. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 EQUITY ACQUIRED IN MERGER 3,810,275 CECL ADJUSTMENT -217,215 TOTAL 3,593,060