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Delta Community CU and Pacific Service CU Select Passageways

An Additional Six Customers Added to the Community
West Lafayette, Ind. – November 1st, 2006 – Passageways LLC, the premier provider of Corporate Portal solutions to the financial industry, today announced signing six credit unions/community banks in the last month including two of the largest credit unions in the country. Passageways platform is now the platform of choice for 10% of all the credit unions with over $1 billion in assets. Added to this, Passageways platform has already found favor with a couple banks with similar asset size.

While the largest financial institution have been joining this community steadily largely due to the flexibility of the platform, the real triumph has been signing –up smaller banks and credit unions. Passageways solution due to the broad range of pre-packaged modules, and the services packaged with the software is very popular with organizations with 50 to 100 employees.

The following six credit unions and banks selected Passageways for their collaboration platform:

  1. 1.     Delta Community CU (GA) - $2.4 Billion
  2. 2.     Pacific Service CU (CA) - $1.1 Billion
  3. 3.     Bronco FCU (VA) - $150 Million
  4. 4.     Elkhart County FBCU (IN) - $400 Million
  5. 5.     1St Financial FCU (MO) - $160 Million
  6. 6.     Farmers and Merchants Bank (WI) - $145 Million

Shaun Steckley, DBA/Developer at Delta Community Credit Union, says “Passageways allows us to give our employees a central repository to store all the information they need to perform their daily duties.  The most exciting aspect of Passageways, however, is the framework they built which will allow us to determine the flow of the information and build our own applications to work within the foundation it provides."

Eric Fisher, Sales & Marketing Executive at Passageways, echoes this sentiment “Credit Unions are progressive organizations and want the best solution.  The bottom line is that most of these Credit Unions want a leading solution but also demand the ability to develop and tweak the platform to their own needs.”

This takes the total number of Passageways customers to the 90 customer mark.  More information can be found at www.passageways.com.

About Passageways
Passageways, LLC is the leading portal provider to the credit union industry. Passageway's mission is to provide an affordable portal strategy for credit unions and community banks of all sizes, helping employees and partners become more efficient in collaboration and interaction with different systems. The company is headquartered in West Lafayette, Ind.

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