# THE BRIDGEWAY
Phenix City, AL · NCUA charter 13852 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/the-bridgeway-13852

Who the members are: federal charter, multiple common bond, organized 1960, low-income designated, minority depository institution. 7,086 members of 202,767 potential (3.5% of the field); checking penetration 68% (share draft accounts per 100 members); loans per 100 members 71.

**Verdict on the desk:** this could be *auto monoline*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $64.0M |
| Members | 7,086 (-8.6% YoY) |
| Full-time staff | 30 |
| Net worth | $10.1M |
| Net worth ratio | 15.8% (p75 of band) |
| ROA (annualized) | 0.08% (p16 of band) |
| Total delinquency | 0.57% (p47 of band) |
| Net charge-offs (annualized) | 0.80% (p83 of band) |
| Loans / shares | 84% (p88 of band) |
| Cash / assets | 18.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 5.26% (p97 of band) |
| Operating expense / assets | 6.24% (p96 of band) |
| Vehicles % of loans | 69% (p87 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 12% (p64 of band) |
| Vehicle delinquency | 0.76% (p61 of band) |
| Vehicle NCO | 1.06% (p83 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 7% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 13% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 72% |
| Certificates % of member funds | 19% |
| Average share balance | $4,002 |
| Participations bought / yr | $67,820 |
| Participations sold / yr | $0 |
| Participations outstanding | $2.7M |
| Loans outstanding per 100 members | 71% |
| Loans granted per 100 members, annualized | 37% |
| Average loan balance | $8,795 |
| Loans granted, annualized | $19.4M |

## Participation posture (from the same filings)

Bought $67,820 and sold $0 in the latest annualized quarter; $2.7M outstanding purchased (27.2% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares -2.5% year over year.

## Flags firing in the latest filing

- **expense trap** (`earn_opex`)
- **members leaving** (`shrink_members`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | expense trap, repo signal, auto monoline |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 4 | delinquency 2x band |  |
| 2016-12 | 3 |  | delinquency 2x band |
| 2017-03 | 4 | net worth falling |  |
| 2017-06 | 2 |  | repo signal, net worth falling |
| 2017-09 | 4 | loans>95% of shares, leaning on borrowings |  |
| 2017-12 | 5 | delinquency 2x band, delinquency rising, repo signal | loans>95% of shares, leaning on borrowings |
| 2018-03 | 6 | margin squeeze, charge-offs p90 | delinquency 2x band |
| 2018-06 | 5 |  | margin squeeze |
| 2018-09 | 5 | loans>95% of shares | delinquency rising |
| 2018-12 | 5 |  |  |
| 2019-03 | 4 |  | loans>95% of shares |
| 2019-06 | 6 | net worth falling, margin squeeze |  |
| 2019-09 | 6 | delinquency rising | net worth falling |
| 2019-12 | 7 | delinquency 2x band |  |
| 2020-03 | 5 |  | delinquency rising, delinquency 2x band |
| 2020-06 | 8 | net worth falling, delinquency 2x band, delinquency rising |  |
| 2020-09 | 4 |  | repo signal, net worth falling, delinquency 2x band, delinquency rising |
| 2020-12 | 4 |  |  |
| 2021-03 | 4 | delinquency 2x band, repo signal | charge-offs p90, margin squeeze |
| 2021-06 | 3 |  | delinquency 2x band |
| 2021-09 | 5 | charge-offs p90, members leaving |  |
| 2021-12 | 3 |  | repo signal, members leaving |
| 2022-03 | 7 | margin squeeze, delinquency 2x band, repo signal, members leaving |  |
| 2022-06 | 5 |  | repo signal, members leaving |
| 2022-09 | 6 | losing money |  |
| 2022-12 | 7 | delinquency rising |  |
| 2023-03 | 5 |  | charge-offs p90, delinquency rising |
| 2023-06 | 5 | assets shrinking | margin squeeze |
| 2023-09 | 6 | delinquency rising, members leaving | losing money |
| 2023-12 | 5 |  | delinquency rising |
| 2024-03 | 6 | losing money, charge-offs p90 | delinquency 2x band |
| 2024-06 | 7 | net worth falling |  |
| 2024-09 | 6 |  | net worth falling |
| 2024-12 | 6 |  |  |
| 2025-03 | 5 | net worth falling | losing money, charge-offs p90 |
| 2025-06 | 6 | delinquency rising, repo signal | net worth falling |
| 2025-09 | 4 |  | assets shrinking, members leaving |
| 2025-12 | 3 |  | repo signal |
| 2026-03 | 3 | members leaving | delinquency rising |

## In the news (Google News, unfiltered, newest first; check the city)

- 2024-07-24 [Bridgeway Credit Union Review - businessinsider.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxQaXZHUW9WSk9ueFJSRm9mbV9xX0g0MVhhNDBqajc5UEhaOEptOURCWWwyRFNidzBXdm9wSDJzY1NEbTIzdTlFMWZ1bVlUalMtT1lqd1dfNE1DRFMxN0hIX3dvVjhLVV9pb1EwYVRVa3B4SHpTM1F2RWpmV0poWTRxdHZYQ0R4d0dubTN0U0tmQQ?oc=5) · businessinsider.com
- 2023-10-05 [Man arrested following robbery on Opelika Road in Phenix City - WTVM.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxPQml5ZnJxYS1ONnVySFlvQU8zZGJkNnpmNzhOei1tM1NnU2ZSUkVrMjVkNWxydERyMEVQNzU1OEZaaTBYemszTTZjZjB4Wkp5ZTdjaEFEdEVvNWI5UkxfTmU4YmNiRDNYcnJPNnhPcjZDZEg5bk1Db3VpZjI5TG10ZTJGNGlXSVRTdTFBNElkbjViUdIBpgFBVV95cUxObklxZ1FVSWZzR2VFNUNuLXR4dmhtVUVfYWRzbEpQZFBnaTlXdzY1ZEZTQTlGczFGXzYwMkwybVYyWkZTVkV4MnhlR2poMGpaalU2VVJQajM2MnAxTzZVVWFXT2J4MDNFWlRkT0FRZFVaUnBCTFBxdGU1TTI5X1l2RUZpUXRMbnFyc1Rxc2xmMGV1djNKZDFJY1VqdVhNZC1ncXpzc0lR?oc=5) · WTVM.com
- 2016-01-25 [Bridgeway Federal Credit Union becoming part of Mid-Hudson Valley Federal Credit Union - The Poughkeepsie Journal](https://news.google.com/rss/articles/CBMixgFBVV95cUxPZ2VOc2tjRGFNTFAtckRzaXVnVm5udE9GUVVrc3ZHVlBVaFRNUWt2dkswdnJ4amVVdlBkcnFvTHFLTHB1SjlMSzZqZjhrMDFzanJ6ZzQ1RUcxdGFyQk8tQVRRYnNfQlNTeUdDYmF6eERQZFFjMmhMdlBTM1lSdWlmc21zZm5TNDZwZHVuSktrZjEtTjdVS01CUXdkQklZcXA5dzBDWkVMR3FDSE41VHRzRUNMRWsxZWo4TkEwajFmQ2szaHN1aVE?oc=5) · The Poughkeepsie Journal
- 2023-06-13 [AMP 2023 Most Admired Companies - Arkansas Money & Politics](https://news.google.com/rss/articles/CBMicEFVX3lxTFBELTBNWEN3UkFKdk8yN2FwV2kyMHpZTnNuYnRTSDA0YnRKRy1Va1dDaDk0a2p4V0FqN3RNQjJZR0tZQVgwNmJPbnA5UkFpMjNqOWtEQW1PNDFkbVUxNTZjdHBLQ3o0bWhTZFp3RTFSUEc?oc=5) · Arkansas Money & Politics
- 2018-11-02 [A celebration for Bridgeway Capital, during annual event - New Pittsburgh Courier](https://news.google.com/rss/articles/CBMiogFBVV95cUxQYnZ6LTgxRTJHREkwX215WlJqd2RKNXNGQ1dmSWVaTy1MYXl1N1hyMExweHJ6M0VYSG93LXdKSUQ0dlR4ZGpkTmx4dGxLdjFyMWRMUjNROGZoT0prakQ1NzQyRl9SUXRNVEJMZnVrc1RzUWdkZHNmX1JKTTNITVBmcTlDRkdYbmRSZ3M2NkFKb3pQLVJmOGc4RldsZWxKMUYxUVE?oc=5) · New Pittsburgh Courier
- 2025-02-12 [Bridgeway Center data breach class action settlement - Top Class Actions](https://news.google.com/rss/articles/CBMivgFBVV95cUxPa0Vkb25tZVZCeHBhTFF3TXFERE04SjBjeHJESTBwY1I4Qjl6aGZ1NlM2Q2d0WHdzeW9vamItSDN6OHJyTDdGOFVsTkhER1pjdEQxMTVqZW1qX1Fnck9wQmVSN0NqYnhVaFV2OEdSaGc3bjFUMlFJbVp1VGNlcVloUFFQcVUxNnJieHM2bWY3MVlJcU9zdTNkZXNLYmU0UmNXX1g0ME1sQzRPODg2TjNKOTJwTFJRNEtQcWlTclBR?oc=5) · Top Class Actions
- 2025-03-01 [Fallout 4: Where To Find University Point - GameRant](https://news.google.com/rss/articles/CBMie0FVX3lxTFBTZ3pjaHluUGJiSWdOWHlxR3lmYldydlYzeVItVkdDOVlTYU0xbHZVdE1SZC1vbkhITW9UZVR5S012bm01NUluOC1ZRG92Mmk2b3BiTGZDU0hkcVhEaGtyRnpzRWQxVTVXSWwtWXN4VzRkUTNZTTJsQzZudw?oc=5) · GameRant

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=13852 (every cell opens its formula and NCUA account codes; the News tab is the same search)
- Latest row, JSON: https://getbookiq.com/cu-intel/data/summary.json · history: https://getbookiq.com/cu-intel/data/h/28.json (key "13852", columns cycle, assets, loans, shares, networth, nwr, roa, total_dq_pct, total_nco_pct, vehicle, veh_pct_loans, indirect, ind_pct_veh, ind_veh, ind_re, ind_comm, ind_other, ind_pct_loans, loans_n, granted_n_ytd, granted_ann, loan_pen, granted_pen, avg_loan_bal, loans_per_fte, veh_part, tp_pct_nw, veh_dq_pct, veh_nco_pct, repo_pct_veh, members_yoy, ltos, cash_pct, borrow_pct, nim_pct, opex_pct, risk_score, members, fte, cash_total, invest_sec, allowance_eff, int_income_ytd, int_exp_ytd, provision_eff_ytd, nonint_income_ytd, nonint_exp_ytd, net_income_ytd, n_flags, re_pct_loans, cc_pct_loans, comm_pct_loans, cert_pct_shares, core_pct_shares, part_buy_ann, part_sell_ann, pot_members, sh_draft_n, chk_pen, fom_pen, flags)
- Participation history: https://getbookiq.com/participation-desk/#cu=13852
- Field definitions: https://getbookiq.com/dictionary/#cu-ltos and the rest of the credit union dictionary
- Source: NCUA 5300 call report bulk files. Income fields are annualized by cycle month (Mar x4, Jun x2, Sep x4/3, Dec x1). Percentiles are within the asset band in the same quarter.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide