2022 YEAR IN REVIEW PRESIDENT/CEO MESSAGE

Our Vision

To transform the communities we serve by delivering value through financial empowerment, education, and engaged relationships.

Simple and Proactive Values

Accountable - We take ownership for our actions and our results by proactively supporting the financial well-being of our members. Teamwork - We collaborate utilizing our shared ideas and knowledge to deliver the Bridge Difference - No Silos!

Transparency - We are different with our member interactions; providing simple, straight-forward answers with integrity & empathy at the heart of every response.

Connected - We stay connected with our members, stay on top of relevant issues, and meet the needs of the communities we serve. Motivated - We deliver product offerings, processes, & solutions with a sense of urgency making our members’ needs our top priority. Quality - We deliver excellence with every member, every interaction, every time.

The year 2022 laid the foundation for the future, as your Board of Directors approved a new business plan that will guide us through the year 2030. In the next eight years Bridge Credit Union will focus on growth and geographic expansion, community and philanthropy, sustainable financial growth, and member engagement. This focus will give us endless opportunities to deliver the locations, products, and services that you, our members, deserve.

In April of 2022, with a focus on our strategic initiatives, we completed a merger with Struthers Federal Credit Union in Struthers, Ohio. This brought our membership to over 13,000 members and our total branch count to five. On behalf of our existing membership, we would like to welcome these new members and employees to the Bridge family. In July we continued our focus on community and geographic expansion and moved into our new corporate headquarters and branch in Powell, Ohio. This building gives us over 22,000 square feet of space for our current operations, and will give us room as we continue to expand the Bridge team to serve your needs. Adding the Powell location brings our branch count to six.

The end of 2022 saw many operational upgrades including card processing changes, upgrades to electronic services, and the launching of a new phone system. These are just a few examples of the ways we are working to engage our members and to enhance our member’s experience. In addition to growth in membership and branches, Bridge Credit union saw strong financial growth. Our assets grew 28%, resulting in overall loan growth of 11%. We are grateful that you, our members, continue to trust us with your deposits, and look to us for your lending needs,

The year 2022 truly laid the foundation for our future. A future that will see more geographic expansion, more convenient locations, and a commitment to have an impact in all the communities we serve. I am humbled to serve as your Credit Union President/CEO and am thankful for your continued support and trust in our Credit Union. I look forward to the future we are building together.

Jarod N. Bach, President/CEO

Schmidt & Associates, Inc. has been retained by the Credit Union’s Board of Directors to perform an audit of the financial statements for the year ended December 31, 2022. The audit performed meets the annual regulatory requirement included in the Ohio Revised Code. The issued report includes, in part, a paragraph that reads as follows:

In our opinion, the financial statements present fairly, in all material respects, the financial position of Bridge Credit Union, Inc. as of December 31, 2022, and the results of its operations and cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America.

The audited financial statements are not included in the annual report; however, they are available to the membership to be viewed at the main office located at 10567 Sawmill Parkway, Powell, Ohio.