Culture Book 2024

WELCOME, TO THE FINEST ENTREPRENEURIAL BANK IN THE TWIN CITIES

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TABLE OF CONTENTS

It all starts with our culture.

Welcome

1

Forward

4 6 8

History of BWB

Fast Facts

A Letter from Jerry

10 12 14 16 18

Strategic Leadership Team

Board of Directors Our Core Values We Run on EOS

“Picture yourself at one of the Twin Cities’ best places to work, surrounded by people who challenge you, support you, and inspire you to be your best. Welcome to Bridgewater Bank.

EOS in Action 19 OurProvenProcess.............................. 20 EOS at BWB 22 How BWB Operates 24

We’re on a mission to be the finest entrepreneurial bank in the Twin Cities. Like true entrepreneurs, we run fast and lean. We are in constant evolution and the runway for personal and professional growth is long. People are our strength, and that’s why we’ve created and sustained an award-winning culture that promotes growth and celebrates the big and little wins along the way.

Who We Are

26 28 30

Our Culture

Where We Work

At the end of the day, we believe competitive salaries, top-tier benefits, a hybrid work model, and transparency into the business is a given. Working together toward something meaningful with people you enjoy is just a bonus!”

Bridgewater Offerings

34 36 38 40 42 44 46 50

What’s in It for You?

Join in the Fun

BWB Perks

Your Onboarding

Workplace Flexibility

Get Involved

Your Development

Questions?

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FORWARD “The banking industry is stale. It’s regulation on regulation and where ingenuity goes to die. I don’t even like going to my bank. Aren’t banks managed by baby boomers who walk around in their crisp Brooks Brothers ties and neatly polished shoes?”

often turn into competitive costume contests. At our corporate office, you can find team members engaging in

foosball matches with our CEO, while others soak in rays on our outdoor patios. Before you know it, you’ll be

head-to-toe in Bridgewater apparel, aka “swag,” sporting brands like The North Face, YETI, and lululemon. Why

all these perks? Because you deserve it. Plain and simple.

By the same token, Bridgewater Bank is considered a top-performing bank nationwide, was the first MN bank to complete a successful IPO in 25+ years, has attracted investments from top institutional firms from coast to coast, boasts an award-winning culture and has earned a reputation as a bank that understands our clients’ wants and needs. Out of the 250+ banks in Minnesota, Bridgewater sits among the top five by asset size. We’ve disrupted a niche market, and with each milestone, we relish in our successes and celebrate them together. This guide reveals what it means to be unconventional, who we are and what makes this place tick. We’re out to prove that serious growth and serious fun can effortlessly coexist.

Those were the brutally honest thoughts of my twenty-something

self. Although my opinions were quite biased, stigmas do exist.

But that was my life BBB (Before Bridgewater Bank).

Maybe you’re a seasoned banker. Or perhaps you’re reentering

the workforce. No matter your situation, I assume that you – just

Still reading? I suppose I’ve caught your attention. Continue on and you’ll quickly discover what all the rave is about. P.S. – Just for the record, I’ve gotten to know some pretty awesome baby boomers, sans ties, since I took the leap into banking.

like everyone else – want to work for a great company. But what

about an unconventional company? What about working with

nonconformists who think differently about their industry? At

Bridgewater, we consider ourselves early adopters of what makes

– Anonymous

banking a bit different in the Twin Cities. And it all started in 2005

with an entrepreneurial vision.

Bridgewater Bank is where an optimistic culture exists, “boss”

is a banished word, and branch fridges contain an array of craft

brews. We pride ourselves on hosting top-tier holiday parties that

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HISTORY OF BWB

St. Louis Park branch opens for business Signs agreement to acquire First National Bank of the Lakes

$703.0 million in assets

$1.61 billion in assets

$460.0 million in assets

Implements Entrepreneurial Operating System (EOS)

New Bloomington branch opens for business

120 team members

$242.0 million in assets

$3.10 billion in assets

$2.0 billion in assets

$4.60 billion in assets

BWB opens for business in Bloomington, MN

Stays profitable

220 team members

253 team members

9 team members

2005 2007 2010 2012

2014

2015

2017

2019 2021

2023

2006 2009 2011

2013

2016 2018 2020 2022

BWB reaches profitability in its third month of operation

$365.0 million in assets

$410.0 million in assets

Downtown Minneapolis branch opens for business

First National Bank of the Lakes opens as Bridgewater Bank

BWB stock becomes publicly traded on Nasdaq

Bridgewater Corporate Center opens for business in St. Louis Park $2.90 billion in assets

Assets surpass $4.0 billion

250 team members

$576.0 million in assets

St. Paul branch opens for business

Greenwood branch opens for business

$1.25 billion in assets

50 team members

150 team members

100 team members

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FAST FACTS

OUR TEAM SAYS IT BEST

“Being a part of the Bridgewater team means being connected to a community of individuals sharing a common goal. You feel a sense of energy and excitement when you walk through the building. You are surrounded by like-minded people who love what they do and work to create a culture of innovation and collaboration. No matter your role in the organization, everyone is given the necessary tools to grow personally and professionally.”

BRANCH NETWORK

TICKER SYMBOL

NET PROMOTER SCORE 85

IPO

Seven branches throughout the Twin Cities

Nasdaq (BWB)

March 2018

CORPORATE WEBSITE bwbmn.com

INVESTOR RELATIONS WEBSITE investors. bridgewaterbankmn. com

FOUNDED IN

LENDING LIMIT

CORY FLINN Operations

2005

$52M as of April 30, 2023

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A LETTER FROM JERRY

Like you, I have a designated seat in this organization. Mine happens to be the visionary seat, which I must say I came to naturally. In 2005, I had a vision to build an entrepreneurial bank that would offer a

I didn’t realize how it would enhance the lives of so many people. I understood we would provide financing for people looking to invest. I realized we would raise service standards and offer competitive options for saving. What I never anticipated was the thrill and challenge of building something from the ground up (including our state-of-the-art corporate office) and enriching a team of talented folks along the way. Every seat in this organization is important, and none of us can do it alone. The Bank evolves every day, and keeping pace with a growing organization is something we are challenged to do every year. As a BWB team member, you will hear us talk about the right person, right seat. To be successful at BWB, one must Want it, Get it and have the Capacity to do it. The Visionary seat is the job I want and the job I get, and by working together, we have the capacity to build an entrepreneurial bank second to none.

simple platform where answers came quickly, opportunities were plentiful and the environment was positive and optimistic. I saw the opportunity to build a bank through an extensive network of entrepreneurs who were not only willing to invest but who would also become the Bank’s clients and promoters. I wanted to build a business that wasn’t dominated by one owner but rather where the ownership was diverse and plenty of us had skin in the game. I envisioned a bank where clients would notice a difference, where people would be challenged to grow both professionally and personally and where team members would be appreciated for sharing their skills and rewarded for a job well done. I hoped to create a space where people were passionate about making my vision a reality and where they would know they were making a difference.

Welcome to the team.

Jerry Baack Chairman & CEO

When I took the risk to invest everything and build a better bank,

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STRATEGIC LEADERSHIP TEAM

OUR TEAM SAYS IT BEST

“Bridgewater Bank has a culture that is unmatched and always present. This results from each employee’s enthusiasm for achieving the Bank’s goals and helping one another grow. What I enjoy most about Bridgewater is the opportunity to learn something new every day.”

JERRY BAACK Chairman of the Board & Chief Executive Officer

JOE CHYBOWSKI President & Chief Financial Officer

MARY JAYNE CROCKER Executive Vice President & Chief Strategy Officer

MARK HOKANSON Chief Technology Officer

COLE SOULAR Audit

NICK PLACE Chief Lending Officer

LISA SALAZAR Chief Deposit Officer

JEFF SHELLBERG Executive Vice President & Chief Credit Officer

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BOARD OF DIRECTORS

JERRY BAACK Chairman of the Board & Chief Executive Officer

DOUG PARISH Director, Chief Financial Officer of Northern Star Scouting

LISA BREZONIK Director, Former Chief Executive Officer of Salo, a Korn Ferry Company

JEFF SHELLBERG Corporate Secretary, Director, Executive Vice President & Chief Credit Officer

JAMES JOHNSON Director, Franchise Owner of Flagship Marketing Inc., Regional Franchise Developer of Express Services, Inc.

TOM TRUTNA Director, President and Founder of BIG INK

DAVID JURAN Director, President & Chief Executive Officer of Colliers Mortgage

TODD URNESS Director, Shareholder at Winthrop & Weinstine, P.A.

MOHAMMED LAWAL Director, Chief Executive Officer & Principal Architect of LSE Architects, Inc.

DAVID VOLK Director, Principal at Castle Creek Capital

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OUR CORE VALUES Our credo is based on five simple beliefs that explain how we do things here. Our Core Values determine how we hire, fire, reward and recognize. We want to work with people who embody these five values. Congratulations, and welcome – you must be one of them.

GROWTH

IF YOU AREN’T MOVING FORWARD, WHERE ARE YOU GOING?

We have evolved greatly since our inception, experiencing growth in our business and among ourselves. We embrace challenges and inevitable change. Here, opportunities for personal growth and contribution are endless. When our people soar, our business will fly.

UNCONVENTIONAL

OUR CLIENTS NOTICE A DIFFERENCE

ACCURATE

Flexibility and action differentiates us from most traditional banks. Our prevailing optimistic culture and absence of hierarchy and politics keeps us looking and feeling like a non-traditional bank.

IT’S MORE THAN JUST AN EXPECTATION

RESPONSIVE

Accuracy is the foundation of our business. Our mandate is to get it right the first time. Perfection may not always be a reality, but we own our actions, correct our mistakes and learn from our experiences.

UNDER PROMISE, OVER DELIVER

As entrepreneurs, our clients require quick answers. A timely response backed by expertise can always be expected. We value action and decisiveness and realize that opportunities come to those who act quickly.

DEDICATED

DON’T STOP UNTIL YOU GET IT DONE

We strive to provide an exceptional client experience. Team members are experts at what they do. No task is too trivial to ensure that each client’s expectation is exceeded and their financial needs are met. Creatively we execute and win.

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WE RUN ON EOS

EOS IN ACTION

ENTREPRENEURIAL OPERATING SYSTEM (EOS)

CORE FOCUS

PURPOSE: To be the Finest Entrepreneurial Bank.

In 2010, Bridgewater Bank implemented the Entrepreneurial Operating System (EOS) and never looked back. Known as a set of simple concepts and practical tools to help entrepreneurs obtain their goals, EOS keeps us laser focused on ways to propel the Bank forward. Within no time, terms like Traction, Rocks and Cascading Messages will become common knowledge. With EOS, we continually experience growth and tackle challenges head on.

OUR NICHE: Responsive support and simple solutions for entrepreneurs.

MARKETING STRATEGY

TARGET MARKET: Privately-held entrepreneurial businesses in the Twin Cities looking for help fueling growth and value responsiveness and unconventional solutions.

CONSUMER LIST: Successful individuals in the Twin Cities who are tired of conventional banking, value responsiveness and enjoy connecting with like-minded people.

PEOPLE • Right People • Right Seats

VISION • 8 Questions • Share by All

THREE UNIQUES:

1. Entrepreneurial - with a local perspective.

2. Expect an unconventional experience and notice how responsive a bank can be.

DATA • Scorecard • Measurables

ISSUES • Issues List • IDS

YOUR BUSINESS

3. Networked and continuously networking.

PROCESS • Documented • Followed by All

TRACTION • Rocks • Meetings

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OUR PROVEN PROCESS

With a can-do spirit and local presence, Bridgewater Bank is preferred by successful entrepreneurs and individuals who value responsive support and simple solutions. 1. DISCOVER

As entrepreneurs, we anticipate and understand client’s financial needs and provide simple, creative solutions to solve them. 2. ONBOARD

When you join Bridgewater Bank, you can join more than a bank - it’s a network. 5. NETWORK

In-person, online and everywhere in between, our local team is available to meet our client’s financial needs and exceed their expectations. 4. SUPPORT

Local banking means local decision making. We value action and decisiveness and work quickly to ensure clients never miss an opportunity. 3. EXECUTE

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EOS AT BWB

555 & PERFORMANCE REVIEWS

are the results of the combined effort of each individual.” At BWB, we believe that our people are the secret sauce that fuels our growth and financial performance. And it takes a team of talented and dedicated individuals, like you, to keep this ship afloat. But how does it all work? We invite you to familiarize yourself with the BWB Experience on pages 24-25. This gives you a clear understanding of the operations behind the Bank’s deposit and loan activity. Think of this as the “behind the scenes tour” of BWB.

At BWB, we use built-in performance review processes throughout the year, so you have opportunities to give and receive feedback. Within the EOS model, each team member has two 555 meetings (four months apart) and one annual review each year. The 555 meeting is a conversation between the manager and direct report that focuses on our five core values, the team member’s “Rocks” (top priorities), and their key responsibilities. These practices allow for the performance management process to be collaborative and focus on what’s most important to drive our business forward.

ALL TEAM MEETINGS

Our All Team Meetings bring the team together to recognize where we’ve been and where we’re going. With team members across the Twin Cities, this is our chance to assemble together and celebrate our success. Guided by the Strategic Leadership Team, we discuss the Bank’s growth and initiatives. Additionally, nominations and accolades are shared and celebrated. As always, refreshments and hors d’oeuvres are abundant and unconventional twists and turns are to be expected...Minute To Win It games anyone?!

THE BWB EXPERIENCE

Packer fan or not, we can all appreciate Vince Lombardi’s infamous saying, “The achievements of an organization

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HOW BWB OPERATES

LOANS Funds that are borrowed

DEPOSITS Funds that are held

Professional Services

Lending

CLIENT DISCOVERY Referrals + Inquiries + Outreach

CLIENT DISCOVERY Referrals + Inquiries + Outreach

Treasury Management

Professional Services

Professional Services

Deposit Services

Treasury Management

INITIAL UNDERWRITING Underwrite for Loan Approval

CONSULT & ONBOARD Open Accounts + Offer Products

Credit

Lending

Deposit Services

LOAN COMMITTEE Review Loan Requests for Approval

Credit

Loan Admin.

LOAN DOCUMENTATION & CLOSING Prepare Documentation, Review Due Diligence, Close + Book

Deposit Services

Professional Services

Operations

Treasury Management

ONGOING CLIENT SUPPORT Online & In-Person Banking, Wire Transfers, Etc.

RELATIONSHIP MANAGEMENT

Professional Services

Loan Admin.

Lending

Monitor + Maintain

Deposit Services

RELATIONSHIP MANAGEMENT Monitor + Maintain

CLIENT SUPPORT Loan Modification + Servicing, Etc.

Deposits = Primary Funding Source

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WHO WE ARE.

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OUR CULTURE

OUR TEAM SAYS IT BEST

“Bridgewater has an energy that people thrive on, and that energy is a key ingredient that has attracted extremely talented individuals. Team members share an enthusiasm to solve problems and have fun, resulting in strong relationships. The success of the Bank is a reflection of the value BWB places on the success and growth of clients and employees.”

WHAT WE BELIEVE

At BWB, we believe rooftop happy hours are better with live music, paddleboarding is best when done together and Big Buck Hunter should be played in the office, often. Fueled by an abundance of local craft brews, fresh snacks and good vibes, our team grows together every day. Our branches aren’t typical brick-and-mortar offices, and our service is regarded as ‘best in class.’ We believe our culture is pretty awesome.

TOP WORKPLACE, STAR TRIBUNE - 2016, 2017, 2018, 2020, 2021, 2022, 2023

BEST BANKS TO WORK FOR, AMERICAN BANKER - 2017, 2018, 2020, 2022

WHY BRIDGEWATER?

SARA COLE Administration

Why does this all matter? We envision a world where banking looks a little different. It boils down to our desire to pioneer what it means to be an unconventional bank. This industry doesn’t have to be monotonous. We shouldn’t be robot bankers. We believe this cause is a noble one because – at the essence of it – banking is a really important part of peoples’ lives. As a team, we’ve quietly grown this bank into one of the largest locally led banks in Minnesota and attracted a loyal following along the way. We’ve disrupted what banking looks like in the Twin Cities, and we have the opportunity to positively impact our clients each day.

To each of us, this is more than a workplace – it’s a sense of community. This bank is lively, engaging and even evokes a sense of pride. Along our path to building the Finest Entrepreneurial Bank, you’ll notice that we never lose sight of what makes this place extraordinary – a steadfast commitment to our people.

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WHERE WE WORK

BRIDGEWATER CORPORATE CENTER

In August 2020, we opened Bridgewater Corporate Center in St. Louis Park. Located at 4450 Excelsior Boulevard, the four-story, 84,000 square-foot building includes Bridgewater’s full-service retail branch, operations and administrative offices and local, entrepreneurial tenants. The campus-like atmosphere is the perfect compliment to our unique culture and allows us to continue to attract and retain top local talent. It’s an unbeatable workplace experience!

FEATURES

• Centrally located in St. Louis Park • Expansive outdoor plaza and greenspace area • Local beer on tap • Locally brewed coffee • Arcade room • Endless snacks available for team members • State of the art mother’s rooms • Public art and hand-painted mural featuring local artists • Views of the Minneapolis skyline • Underground parking with bike racks

• Boutique Fitness Tenant | Discover Strength • Restaurant Tenant | Hazelwood Food + Drink

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BLOOMINGTON | 2019

UPTOWN MPLS | 2016

WHERE WE WORK

It doesn’t end in St. Louis Park. In addition to our Corporate Center, we have six branches scattered throughout the Twin Cities. Each branch is unique and goes above and beyond the needs of our clients and team members. Enjoy happy hour on our Uptown Minneapolis rooftop, collaborate with team members in our newly renovated Bloomington branch or head to nearby Lake Minnetonka after finishing up the workday in Orono or Greenwood.

ST. PAUL | 2018

ORONO | 2016

GREENWOOD | 2006

DOWNTOWN MPLS | 2013

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BRIDGEWATER OFFERINGS.

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WHAT’S IN IT FOR YOU?

OUR TEAM SAYS IT BEST

“Bridgewater’s core values are ingrained in everything we do; from responsive support and an unconventional attitude, everyone here at Bridgewater lives and breathes our values. The teams are collaborative and high functioning, we know how to work hard and play hard(er), and team members are always encouraged to do better, grow and succeed. The leadership team is very approachable and open to new ideas - a breath of fresh air! There are so many success stories here and everyone is welcome to experience that.”

BWB BENEFITS

So, you made it through the hiring process. You got a glimpse into why employees consider BWB a great workplace. But if you’re left wondering, “What’s in it for me?” look no further. We believe our benefits are some of the best in Twin Cities banking. With competitive pay, robust insurance coverage and other great perks, we’ve tailored our benefits package to support you and your family in attaining and maintaining good health and preparing your financial future.

Work at BWB more than 30 hours a week? The benefits below are available to you. For more information on each of the plans, simply refer to the Benefits Summary and Summary Plan Descriptions on BWB on Tap.

• 401(K) Safe Harbor Plan

• Health, Vision, & Dental Insurance

• Accelerated Advancement Opportunities

• Life Insurance

• Discounted Gym Memberships

• Lines of Credit (Subjects apply)

• Competitive Bonuses + Salaries

• Home Equity Loan Programs (Subjects apply)

PRACHEE DESHPANDE Human Resources

• Complimentary Checking

• Overdraft Protection (Subject to credit qualification • & loan underwriting)

• Deposit Growth Plan

• Profit Sharing

• Employee Referral Program

• Recognition Incentives

• Flexible Spending Accounts

• Short + Long-Term Disability

• Health Savings Account

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JOIN IN THE FUN

We believe teams that play together, stay together. That’s why we make it a priority to offer a variety of events throughout the year. Whether it’s our summer happy hour series or our signature themed holiday parties, we see these events as a time to strengthen relationships and enhance the unique culture that we value so highly.

HOLIDAY PARTY

News travels fast, but if you haven’t heard by now, Bridgewater Bank’s holiday parties are consistently off the charts. Whether it’s a night of rock ‘n’ roll at The Fillmore Minneapolis or a Speakeasy Soiree at the Wabasha Street Caves, you’re in for a night of good vibes and good company.

FAMILY DAY EVENT

Hosted each fall, all families are invited to participate in a day filled with family fun. We know many of you have families and appreciate the opportunity to mingle together; therefore, we created the annual Family Day Event. You never know if it’ll be at an apple orchard, pumpkin patch or where it may be, but you do know it’ll be fun and unconventional.

VOLUNTEER OPPORTUNITIES

If you like giving back, you’ve come to the right place. There are endless ways at BWB to get involved and impact the greater good. Whether it’s serving lunch at a local homeless shelter or teaching students about financial literacy, there’s an offering for everyone. Our employees donate countless hours, services and goods to the communities we serve every year. It’s pretty inspiring.

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BWB PERKS

EMPLOYEE REFERRAL PROGRAM

program designed to support you with any personal problems – emotional, financial, relationship and more. This complimentary service is available to you at any time during your employment at BWB.

A large portion of our employee base has come to BWB through a referral. High-performing people usually have high-performing networks. If you know of someone that would be awesome for a role at Bridgewater, we’d love to have them in the pipeline. Refer someone who is then hired, and you’ll receive a referral bonus to be paid out at 50% after 3 months and 50% after 6 months, provided that the employee is still employed and in good standing. Like our other policies and programs, this policy may be changed from time to time depending on existing market conditions. Our job openings are posted on our website.

VOLUNTEER TIME OFF

When we share our banking and finance knowledge with others, everyone wins. Volunteer Time Off is intended to create community engagement opportunities for Bridgewater Bank employees that are meaningful, purposeful and helps those in need. As part of the Volunteer Time Off Policy, all regular full-time employees receive paid time off for up to 16 hours (two days) per calendar year for any volunteer opportunity that falls within the Community Reinvestment Act (CRA) requirements.

DEPOSIT GROWTH PLAN

Even if deposit generation isn’t part of your job description, you can be rewarded for referring clients to the Bank. Know of family or friends that might appreciate BWB’s unconventional banking style? Encouraging them to make the switch is a win-win for everyone. With our Deposit Growth Plan, you will be rewarded for your efforts with a quarterly payout. To get started, you’ll need a BWB deposit account.

EMPLOYEE ASSISTANCE PROGRAM

It’s important to us that our employees have the resources they need to succeed not only in their professional lives, but in their personal ones as well. Our employee assistance program is a work-based intervention

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YOUR ONBOARDING

OUR TEAM SAYS IT BEST

“The Bridgewater experience is truly second to none. Whether with clients or coworkers, we strive to build, maintain and grow connections. That means seeing clients and team members face to face, shaking hands, catching up and offering a helping hand. It means cracking a joke or checking in when life happens. The unconventional part? We do this all with excellence in mind!”

BWB UNIVERSITY (BWBU)

Think of it as “BWB 101,” an entry level crash course with no prerequisites required. Hosted each trimester, BWBU provides new hires with the opportunity to learn from functional leaders about their departments. Expect to hear a brief overview of how each team contributes to the Bank’s growth and keeps us moving forward. In true BWB fashion, you can expect fun networking with your BWB team members to follow.

NEW HIRE NETWORKING OPPORTUNITIES

An important part of our culture is knowing our team beyond email exchanges. That’s why we regularly host internal networking opportunities to get to know each other, including new hire lunches and breakfasts with the Strategic Leadership Team. Keep an eye out for calendar invites from the HR team as opportunities arise.

GAYLE LARSON Deposit Services

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WORKPLACE FLEXIBILITY In 2021, we implemented our hybrid working model to help meet work/life flexibility needs of our team members. This model is based on maintaining the environment Jerry envisioned – a place where people thrive and grow, responsiveness is key, dedication is obvious, and we are a little more unconventional than most. Each role at BWB has been reviewed thoughtfully based on our objectives of attracting and retaining top talent, fueling our amazing culture and putting our clients first. In light of this, our roles fall into the below buckets. There are some requirements for being in-person while onboarding as a new hire, as well as being in-person for various meetings. Talk with your manager and read the full Flexible Work Environment guidebook on BWB on Tap for more info.

OUR TEAM SAYS IT BEST

“The BWB culture encourages team members to work with entrepreneurial drive like our clients. Our teams meet regularly to discuss goals and evaluate alignment with the market’s changing demands. We continuously look for opportunities to improve products and services and to resolve issues through ideation and discussion. As a result, our culture encourages growth by embracing challenges and change.”

Based on your role, you will be grouped into one of the following buckets:

JANE COLLIER Technology - Systems

PEOPLE MANAGER/ HYBRID-ELIGIBLE may work remotely 1 out of 5 days per week

FULL-TIME CLIENT-FACING works on-site full-time

HYBRID-ELIGIBLE may work remotely 2 out of 5 days per week

LIMITED FLEXIBILITY may work remotely with manager approval, on occasion as needed

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GET INVOLVED Bridgewater has four committees that offer events and opportunities throughout the year for you to connect with team members in unique and unconventional ways. Passionate about creating change? So is the DE&I committee. Ready to get a grip on your physical and mental health? So is the Health & Wellness committee. It’s a lot easier to achieve your goals when you have a team supporting you along the way. Be sure to read our weekly “Things to Know” article on BWB on Tap which includes committee events and ways to get involved.

DIVERSITY EQUITY & INCLUSION COMMITTEE

Bridgewater stands by the transformative power of diversity, equity and inclusion. The DE&I Committee recognizes that different perspectives enhance our thinking and improve our employees’ experiences day in and day out. The DE&I Committee strives to create a welcoming environment in which everyone can gather, collaborate and contribute.

HEALTH & WELLNESS COMMITTEE

We recognize the impact that health has on our team. That’s why our Health & Wellness Committee works to provide you with offerings and events that focus on mental health, nutrition, fitness and fun. Whether it’s group paddleboarding, fresh fruit at all branches or reduced gym memberships, our wellness perks allow you to bring your best self both to work and to life outside of Bridgewater.

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GET INVOLVED

MENTORSHIP PROGRAM

The Mentorship Program is your opportunity to open the door to professional advice and constructive communication. The program provides participants with ways to build leadership skills, learn from others and develop new friendships along the way. At the beginning of each session, mentees are given a stipend to plan activities to meet and engage with their mentor.

COMMUNITY REINVESTMENT ACT (CRA) COMMITTEE

Bridgewater’s CRA Committee’s mission is to be responsive to the low-to-moderate income needs in our assessment area through lending services, volunteerism, and sponsorships. Specifically, we work with non profit organizations that contribute to our communities’ housing initiatives and education for current and future generations. BWB offers up to 16 hours Volunteer Time Off per calendar year for CRA qualified volunteer events.

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YOUR DEVELOPMENT

• Internal department training specific to your role • Mandatory compliance training

We develop people by giving them the opportunity to develop themselves. Just when you think you’re done learning at the Bank, you can think again. There’s a short-term and long-term growth opportunity around every corner. Whether it’s through on-the-job training, classes, seminars and more – Bridgewater is committed to being a partner in your success if you reach for it. We also hire the best in the biz, so you can expect to learn from industry experts who will help you on your career growth journey. It doesn’t matter if you work in Technology or Deposit Services – you’ll be equipped with the tools needed to perform best in your role and contribute to the Bank’s growth.

• Mentorship opportunities • Committee involvement • Seminars/webinars • Conferences • Leadership development opportunities

Professional development is a collaborative effort. You and your manager share responsibility in identifying training and development opportunities that will be mutually beneficial to you and the Bank.

TRAINING AND DEVELOPMENT

BWB reimburses employees for a number of costs associated with training, education and memberships. Many factors will be taken into account when approving a reimbursement request, including the relevance to your job, the costs involved, time commitment, etc. If you leave BWB within a year of incurring $1,000 or more in training costs, you will be responsible for reimbursing the amount in excess of $1,000. With growth often comes change. If you are interested in other positions at BWB, we welcome you to apply when openings are available if you meet the qualifications for the new role, have been in your current position for at least 12 months and have satisfactory performance. To apply for an open position, contact HR and speak with your current manager. You will have a broad range of learning opportunities, both formal and informal, which may include the following:

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Cheers! You’ve made it to the end of the Culture Book, but if you have lingering questions, head to BWB on Tap or ask your manager. QUESTIONS?

OUR TEAM SAYS IT BEST

“Bridgewater’s unconventional culture allows everyone a voice and opportunity to grow. Our entrepreneurial mindset welcomes all to share their ideas, which often turn into impactful projects. This approach provides a hands-on feeling where when one of us wins - we all win!”

Important note to reader: This document is proprietary in nature and is provided for exclusive use by the Bridgewater Bank team.

JOSEF HOFMEISTER Credit

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R I D G E WA T E R B A N K B CULTURE BOOK