Passageways CUSO Adds Four More Credit Unions

WEST LAFAYETTE, Ind. – Passageways LLC, a tech CUSO of Purdue Employees Federal Credit Union, says that in the past two months it has signed five new customers, including four credit unions, to use its corporate portal solution. That brings to about 65 the number of users of the 3-year-old company’s internal collaboration and communications platforms. The new signees are $1 billion South Carolina FCU, $460 million Velocity Credit Union of Texas, $300 million Verity Credit Union of Washington state, $181 million Sarasota Coastal CU in Florida and the $1 billion-plus Seattle Financial Group. “Our teams have done well in implementing a quite a few portals in the past six to eight weeks,” says Paroon Chadha, vice president for Passageways (www.passageways.com). Chadha says the CUSO has seen a “spike in interest from a good number of financial institutions with more than 300 to 400 employees and we expect another five to 10 to adopt Passageways in the next few months.” He said the organization also marked another first recently; a “peer Webinar” hosted by State Employees Credit Union of Michigan with 18 other Passageways clients.