WELCOME
Philosophy & Mission
Delivering Service That is “Different” and Second to None. “No matter your need, whether big or small, members should continue to expect the “Bridge Difference” … consistently… every member, every interaction, every time.”
Jarod N. Bach, President/CEO
Mission Statement
Bridge was founded on the principle of People Helping People. We are driven to understand our members’ needs, goals, and dreams while exceeding expectations with every interaction. Our focus is to deliver the Bridge Difference to our members and the communities we serve.
Brand Principle
“Experience the Bridge Difference”
PRESIDENT/CEO MESSAGE
As we look back on a year filled with progress and growth, I am thrilled to share the exciting accomplishments that have defined this year at Bridge Credit Union. Our continued commitment to enhancing your financial well-being has led us to some remarkable milestones, and I am grateful for your continued trust and support.
This past year has been one of transformation, and two key initiatives stand out: the successful merger with Yellow Springs Federal Credit Union and our ongoing Back to Basics initiative. These initiatives are not just about growth; they reflect our dedication to providing you with better services, greater value, and stronger community connections. In February we completed the merger with Yellow Springs Federal Credit Union. This strategic partnership was a significant step in our mission to provide more value to more members. By combining our resources, we’ve been able to broaden our reach, enhance member service, upgrade technology, and strengthen our financial position. Together, we are better equipped to meet the financial needs of our growing community.
In parallel with the merger, we launched our Back to Basics initiative, a strategic focus on simplifying and strengthening our core services to better meet your needs. This initiative has been about getting back to our core values and the fundamentals of credit union service—a renewed focus on what truly matters most to you, our members. Some of the key achievements of this initiative include streamlined processes and services, a focus on personalized service and relationships and lastly, an increased presence in the communities we serve. By getting Back to the Basics, we have set your credit union up to truly have an impact in the lives of you, our member.
Your membership is at the heart of everything we do, and we are excited to work together to make your financial dreams a reality. Thank you for your continued support. Together, we will continue to build a stronger, more vibrant community and a brighter financial future for all.
Jarod N. Bach, President/CEO
SENIOR EXECUTIVE TEAM
Amy J. Robinette VP/Chief Financial Officer
Amy has been with Bridge Credit Union for 6 years. She has over 23 years of experience in the credit union industry. Amy brings extensive expertise in financial management, strategic planning, and operational leadership. Her dedication helps drive financial growth and innovation, ensuring an exceptional experience for members.
Brandynn
Adams VP/Chief Experience Officer
Brandynn’s career in the financial services industry spans over 30 years. She received her Bachelor of Arts in Communication and English from the University of Toledo. Brandynn serves on the Ohio Credit Union League’s PAC Board. She is also a Certified Credit Union Executive (CCUE).
Christensen VP/Chief Information Officer
Jeff has been employed at Bridge since January 2021. He has over 26 years of experience in the credit union industry. He loves spending time with his family, enjoys golfing, and also dabbles in real estate. Jeff has his degree in Computer Science and is a Certified Network Engineer.
Michael Piscioneri VP/Chief Lending Officer
With 15 years in the credit union industry, Mike is passionate about helping people achieve their financial goals. He enjoys spending time with his family, watching his girls dance, coaching his son’s baseball team, and discovering great food on his travels.
Jeff
SIMPLE & PROACTIVE VALUES
Our Vision is to transform the communities we serve by delivering value through financial empowerment, education, and engaged relationships. At Bridge we are Quietly - Trying - To - Make - A- Change!
QUALITY
We deliver excellence with every member, every interaction, every time.
We collaborate utilizing our shared ideas and knowledge to deliver the Bridge Difference - No Silos!
We are different with our member interactions; providing simple, straight-forward answers with integrity and empathy at the heart of every response.
We deliver product offerings, processes, & solutions with a sense of urgency making our members’ needs our top priority.
We take ownership for our actions and our results by proactively supporting the financial well-being of our members.
We stay connected with our members, stay on top of relevant issues, and meet the needs of the communities we serve.
INDEPENDENT AUDITOR’S REPORT
GBQ Partners performed an audit of the financial statements of Bridge Credit Union as of December 31, 2024 and 2023. We have audited the financial statements of Bridge Credit Union, which comprise the statements of financial condition as of December 31, 2024 and 2023, and the related statements of income, comprehensive income, changes in members’ equity, and cash flows for the years then ended, and the related notes to the financial statements.
In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of Bridge Credit Union as of December 31, 2024 and 2023, and the results of its operations and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.
The audited financial statements and report of Independent Certified Public Accountants may be viewed at the main office - located at 10567 Sawmill Parkway, Suite 100, Powell, Ohio 43065.
GBQ Partners LLC
Certified Public Accountants
CONSOLIDATED STATEMENT OF FINANCIAL CONDITION
CONSOLIDATED STATEMENT OF INCOME
CREDIT COMMITTEE REPORT
The Bridge Credit Union Credit Committee is accountable for safeguarding credit union member’s savings while balancing the member’s need to borrow. The committee works closely with the Board of Directors and Management to promote Bridge as a member’s first choice when borrowing money. Loan approval is based on the member’s creditworthiness, capacity to repay the loan, and collateral. Bridge Credit Union continues to provide member loans at very competitive interest rates. 2024 was a year of unprecedented growth for Bridge with delinquency remaining low throughout the year.
Our success is proven by more members choosing us as a lending option. In 2024 the Credit Committee and Loan Officers reviewed 6,024 loan requests, closed 2,625 loans, and successfully funded a total of $52,479,365 in loans. Our loan portfolio totaled $136,091,677 at 2024 year-end. Our commitment to serving the ever-evolving financial needs of our membership remains strong, and I am privileged to lead a passionate and talented group of individuals. The Credit Committee members are: Chairperson Jarod Bach, Michael Piscioneri, William McClure, Litisha Cooley and Alternate: Aimee Harris
Jarod Bach, Credit Committee Chairperson & President/CEO
TREASURER REPORT
◊ Assets increased to $231,392,285 - an increase of 18.7% from 2023.
◊ Shares totaled $204,365,602 - up 19.42% from 2023.
◊ Finished the year with a strong 10.56% capital to assets ratio. This ratio represents the equity we have built. Equity provides a safety net during economic hard times.
◊ Loans to members ending at $136,091,677 resulting in an increase of 19.82% from 2023
◊ Loan to share ratio for 2024 was 69.23%.
◊ Loan portfolio is very sound with a delinquency ratio of 0.61%.
Kathy Ludowese, Treasurer
AWARDS, ACCOMPLISHMENTS & COMMUNITY INVOLVEMENT
2024 was an exciting year for Bridge Credit Union, marked by growth, innovation, and deeper community engagement. We proudly completed a successful merger with Yellow Springs Credit Union, expanding our reach and enhancing member benefits in the Yellow Springs, Ohio Community.
Our commitment to financial empowerment led to the launch of the Ohio Homebuyer Plus Program, helping members achieve homeownership with an above market savings rate and $2,500 in closing cost assistance. We also launched our Business Banking Solutions, supporting businesses of all sizes with tailored financial services, a dedicated mobile app, and a custom business portal.
Technology played a key role in our progress, with the implementation of BridgeIT, our new Interactive Teller Machine (ITM). This provides members with expanded banking convenience, and shows our continuing efforts towards innovation and delivering an exceptional experience.
Through our Bridge Gives Back initiative, we actively participated in donating to multiple charitable organizations throughout various counties within our field of membership.
We took center stage at several key events throughout the year:
• Premier sponsor of the Yellow Springs Street Fair, a vibrant event that attracted over 30,000 visitors.
• Premier sponsor of the Downtown Eaton White Christmas Ice Skating event, bringing festive cheer to the community.
• Halftime show sponsor of High School Football on 97.1 The Fan, helping support student athletics through engaging media exposure.
• Financial sponsor of the Powell Chamber Community Shred Day. We also hosted Shred Day events at our Brookville, Eaton, and Struthers branches, emphasizing the importance of financial security and document safety.
Our dedication was recognized with some awards and featured highlights:
• Named Fastest-Growing Central Ohio Credit Union by Columbus Business First- for the second year in a row!
• Our Struthers branch won the Vindicator Readers’ Choice Bronze Award - for the second year in a row!
• We were listed in the top 37 of the Largest Central Ohio SBA lenders
These achievements are just a glimpse of what we accomplished in 2024. As we look ahead, we remain dedicated to delivering relevant financial solutions, exceptional member service, and meaningful community support.
Bridge Credit Union - Experience the Bridge Difference!
PRODUCTS, SERVICES & CONVENIENCE
REWARDS PROGRAM
Online Banking
Manage your money anytime with our Online Banking. Simply visit our website and log in to our secure online banking portal to check balances, transfer funds, and set up account alerts, all while on the go. With 24/7 access, you’ll have the flexibility and control to stay on top of your finances.
Bridge Credit Union Mobile App
Our app is available to download on various platforms. This tool delivers the technology, convenient digital access, and robust features to help meet the changing needs of our members. You can apply for loans, pay bills, make deposits, control credit/debit cards and much more - right from your phone.
DOWNLOAD OUR APP
Scan the barcodes to be taken to our online banking portal, or to download our app. Banking convenience is only a few steps away!
Get more value out of your membership with our ConnectMORE loyalty program. There are three tier levels. The first level is Pearl, the middle level is Silver and the top tier is Royal. The more services you use, the more rewards you get such as lower loan rates, higher savings rates, and other great perks!
STAY CONNECTED
Social Media
Stay connected with us on various social media platforms. Follow us to be notified about our current promotions, find out when we will be out in the community, hear about important updates & announcements, and learn about the fun things our staff is doing!
PRODUCTS, SERVICES & CONVENIENCE
PERSONAL BANKING
CHECKING
• Crystal Free: Free, simple and classic
• Diamond Dividends: Our interest earning checking account – it pays you!
• Clear Path: Clear your path with Bridge as your guide. SAVINGS
• Christmas Club Savings: Reduce the stress of the holidays.
• Special Savings: Secondary savings account for that special thing or event
• Money Market Savings: The more you save, the more you earn.
• Primary Savings: Open a primary savings account and you are on your way.
• IRA: Flexible IRA options to help you save for retirement with confidence
• HSA: We offer a variety of HSA options.
BUSINESS BANKING SOLUTIONS
CHECKING ACCOUNTS
• Streamline your day-to-day transactions with our flexible online account options.
• Access powerful online banking tools to manage your finances anytime, anywhere.
BUSINESS SAVINGS AND INVESTMENT ACCOUNTS
• Grow your business’s financial reserves with our competitive savings and investment options.
• Benefit from attractive interest rates and a variety of term lengths to meet your savings goals.
LOANS AND LINES OF CREDIT
• Gain access to capital for expansion, equipment purchase, or working capital needs.
• Our experienced lending team will work closely with you to structure a loan that fits your business. BILL PAY
• Easily manage and pay your bills online.
LOANS WITH A PERSONAL TOUCH
VEHICLE LOANS
• New and Used Auto Loans: We have the right low-rate auto loan for you. Whether you are looking to buy a new (or new to you) vehicle or you want to save money by refinancing - Bridge has you covered!
• Recreational Vehicle Loans: Roam free with feature-filled financing on RVs, motorcycles, boats, and off-road vehicles.
HOME LOANS & MORTGAGES
• First Mortgages: We’ve made home buying simple by offering a wide variety of products with excellent rates.
• Home Equity: Use your home’s equity to pay off debt, finish a home improvement project or take a needed vacation - we offer a variety of terms or even a line of credit. You pick the product that suits your needs.
CREDIT CARDS
• Platinum Visa® Credit Cards: Get rewards just for making your everyday purchases. You choose the credit card and the rewards that are right for you.
MEMBERSHIP ELIGIBILITY
In addition to our current employer relationships, we are pleased to extend membership to those who live, work, or worship in one of the following Ohio counties:
• Champaign County
• Clark County
• Columbiana County
• Darke County
• Delaware County
• Fairfield County
• Franklin County
• Greene County
• Licking County
• Madison County
• Mahoning County
• Miami County
• Montgomery County
• Pickaway County
• Preble County
• Trumbull County
• Union County
Membership eligibility with our current employer relationships :
• All employees of the Ohio Department of Transportation; the Ohio Department of Youth Services; the Transportation Research Center of Ohio; the Columbus Developmental Center including the Columbus State School and the Office Services Division; ComputerServices of the Department of Administrative Services; Ohio Department of Public Safety; Office of Budget and Management.
• Both active and retired employees of the Ohio Edison Company working at or receiving compensation from the Springfield Division and select groups acquired during the merger of Edison Credit Union.
• Twin Valley Behavioral Healthcare and Medical Complex.
• Employees of public transportation agencies, employees and students of businesses in the distribution, logistics, support and services, construction, engineering, transportation, freight, and warehousing sectors in the Ohio counties of: Butler, Hamilton, Knox, and Logan.
• Family members of credit union members.
• Retired employees of each group.
ANNUAL MEETING MINUTES (2023)
Bridge Credit Union Minutes of the 57th Annual Meeting
The fifty-seventh (57th) Annual Membership meeting of the shareholders of Bridge Credit Union, Inc. was held at 11:04 a.m. on March 27th, 2024.
Notice of the Annual Meeting was duly distributed and posted as required.
Director Mike McColeman confirmed a quorum was remote with 127 voting ballots received.
Chairperson Ray officially called the meeting to order in accordance with the Code of Regulations to review activity of 2023 and to inform the shareholders of the results of the election of the Board of Directors. A roll call was made with the following members In-person and Remote as indicated:
Directors: J.A. Ray, Chairperson Present
B.A. Shearer, Vice Chairperson Present
K.M. Ludowese, Treasurer Present
D.J. DeNiro, Secretary Present
M.A. McColeman Present
B.D. Neely Present
J.A. Audet Present
S.A. Downs Remote
R.J. Wehner Present
S. Fowler Remote
W. Petrunak Absent
Associate Directors:
J.T. Miller Present
R. Durick Remote
P.B. Babyak Remote
C. Rother Present
S. Castonguay Remote
Director Emeritus: S.M. Grundey Absent
Chairperson Ray noted everyone remote, and in-person had received copies of the 2023 Annual Report which included the 2023 Annual Meeting Minutes. A motion was made by Director Neely (Treasurer Ludowese) to waive the reading of the minutes and to approve them. Motion Carried.
Chairperson Ray referred to the 2023 Annual Report. She stated that all required reports were contained in the 2023 Annual Report. She asked if there were any changes to the reports. There were none. Chairperson Ray asked if there was any unfinished business and new business, there were none. A motion was made to approve all reports by Director Wehner (Vice Chairperson Shearer) Motion Carried.
Director, Mike McColeman, communicated the results of the 2023 Board of Directors Election. There were 127 votes cast which is greater than the required amount for a quorum of 25. All candidates, Ms. Downs, Mr. Shearer, and Ms. Ludowese were re-elected by a combination of online ballots and paper ballots. Chairperson Ray stated that all ballots will be destroyed in 11 months according to the Code of Regulations.
The re-elected Board members will be administered the Oath of Director at the next Board Meeting. A motion to adjourn was made by Director Audet (Director McColeman).
Julie Ray, Chairperson
Dan DeNiro, Secretary
BOARD OF DIRECTORS
Thank you for choosing Bridge Credit Union. We are owned by our members and are here to help. We are dedicated to serving our membership in a fair, hassle-free, proactive and transparent manner. We realize you have many banking options available to you. We appreciate the opportunity to serve your needs.
BOARD OF DIRECTORS
Julie Ray Chairperson Benita Neely Director
Brett Shearer Vice Chairperson John Audet Director
Kathy Ludowese Treasurer
Mike McColeman Director
Dan DeNiro Secretary Sara Downs Director
Ron Wehner Director Bill Petrunak Director
Shari Fowler Director
ASSOCIATE DIRECTORS
Jared Miller Associate Director
Robert Durick Associate Director
Paulette Babyak Associate Director Chad Rother Associate Director
Sue Grundey Director Emeritus
SENIOR MANAGEMENT
Jarod Bach President/CEO
Amy Robinette VP/Chief Financial Officer
Jeff Christensen VP/Chief Information Officer
Brandynn Adams VP/Chief Experience Officer
Michael Piscioneri VP/Chief Lending Officer