Passageways Sails past the 150 Customer Mark
West Lafayette, IN. October 21th, 2008 - Passageways, the leading provider of Collaborative Portals for financial institutions, announced today that Mutual 1st Credit Union based in Omaha, NE ($105 M in asset size ) became their 150th customer earlier this month. This comes within a month of Passageways being ranked as the 27th fastest growing software company in America recently by the Inc magazine.
Passageways, the first company to offer an Employee Portal Solution developed specifically for the financial services industry, reached this important milestone 5 years after its inception. "Our success obviously reflects the appeal of our solutions and their benefits." explains Paroon Chadha, Co-Founder and Vice President "But it is also rooted in the quality of our people, and the passion and dedication that they bring to every aspect of our effort to deliver exceptional value to our customers. We couldn't be more proud of what we have accomplished."
At press time, Passageways' customer count has already surpassed the 150 mark, with several clients the signing in close succession:
- Enrichment FCU (Oak Ridge, TN) $291M
- Mutual 1st Credit Union (Omaha, NE) $105M
- Air Force FCU (San Antonio, TX) $310M
- American Principle Bank (San Luis Obispo, CA) $109M
- NCMIC (Clive, IA) Passageways' First Insurance Client
The Passageways management team is even more excited about the future and the company is poised to keep growing. According to Andy Mills, Passageways' Senior Sales/Marketing Executive for North America, "It is exciting to see the impact that our product is making in the market. We are truly redefining Intranets, Enterprise Knowledge Management, and Business Process Automation. This ensures that Passageways will maintain its' position as the industry leader for this type of solution."
About Mutual 1st Credit Union
Mutual 1st Credit Union was officially formed in 1949 to improve their members' financial well being, and to be the premier financial service provider to their members as well. Today, Mutual 1st is a full-service financial institution offering a wide range of products to its' more than 11,000 members from multiple locations.
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