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PHENIX PRIDE FEDERAL CREDIT UNION

Sep, 30, 2025 — PHENIX PRIDE FEDERAL CREDIT UNION is a federal credit union headquartered in PHENIX CITY, AL with 3 branch locations and about $63.26 million in total assets. Opened 66 years ago in 1960, PHENIX PRIDE FEDERAL CREDIT UNION has about 7,195 members and employs 32 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PHENIX PRIDE FEDERAL CREDIT UNION
Address:
(Main Office)
1810 Opelika Rd
PHENIX CITY, AL 36867
Phone:(334) 291-3000
Fax:(334) 291-5036
Website:https://www.bridgewaycu.org
Branches:3 branch locations
Members:7,195
Credit Union Type:Federal Credit Union
Charter Number:13852
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:1960
Last Audited:Mar 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$63,257,273
CEO/Manager:Kimberly Nichols
Chairperson:Rachel Lewis

Call Report

  • Credit Builder
  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,863,170
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 2,805,181
 Unsecured Loans 5,494,266
 Other Loans 33,434,117
 TOTAL LOANS 41,733,564
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -565,853
 Land And Building 3,732,329
 Other Fixed Assets 534,992
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 495,791
 All Other Assets 124,502
  TOTAL ASSETS 63,257,273
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,268,325
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 12,500,001
 Regular shares 24,078,567
 All Other Shares & Deposits 15,379,994
  TOTAL SHARES & DEPOSITS 51,958,561
  TOTAL LIABILITIES 53,226,886
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 10,030,387
  TOTAL EQUITY 10,030,387
  TOTAL LIABILITIES, SHARES, & EQUITY 63,257,273
INCOME & EXPENSE  
 Loan Income 2,422,077
 Investment Income 176,225
 Other Income 1,001,166
 Total Employee Compensation & Benefits 1,738,360
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 1,157,646
 Non-operating Income & (Expense) 13,981
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 309,000
 Cost of Funds 372,490
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 37,355
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