40 New Portal Clients
Forty more credit unions and banks contracted for portal solutions from Passageways LLC in 2010, the company said, including customers in the United States, Canada, Barbados and even one in Moscow, Russia.
The West Lafayette, Ind., company said those new customers are now using its employee, board, vendor management and disaster recovery portals.
Among the 2010 upgrades were a social networking function that provides newsfeeds, profiles, follows and like buttons and the November launch of a collaborative client community portal that now is used by more than 150 people from 75 organizations, the company said.
The company said it now has 215 customers, including 180 credit unions, and that overall, there are approximately 400 credit unions and 200 banks using its community portals. Six new employees also were added in 2010, bringing the workforce to 31, according to Paroon Chadha, vice president and co-founder.
The company also said its 2011 users conference will be held May 10-12 in Indianapolis. Passageways was founded in 2003 as a CUSO of the $620 million Purdue Employees FCU.