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Passageways Adds 6 new Credit Unions as clients
West Lafayette, IN. December 4th, 2008 - Passageways, a West Lafayette, Ind.-based portal solutions provider for financial institutions is reporting a strong finish to 2008. The number of total industry customers is now well over 150! Passageways is also seeing a steady growth in the community bank space. The last two months have been particularly impressive with 6 new credit unions. The new credit union industry clients include:
- Onpoint Community CU (OR), $2.6 billion in assets
- State Department FCU (VA), $974 million in assets
- Mutual First FCU (NE), $105 million in assets
- Enrichment FCU (TN), $291 million in assets
- Johns Hopkins FCU (MD), $249 million in assets
- Christian Financial CU (MI), $233 million in assets
Besides these new clients, there has also been strong growth in new module sales to existing clients. Some of these new modules include: Dashboard Creator, Board Portal, Lobby Management Application and Enterprise Instant messenger Module. A few recent contracts include:
- Christian Financial CU purchasing Board Portal Application
- IH Mississippi Valley CU purchasing Dashboard Creator Module
- Belco Community Credit Union purchasing Test Taker Application
- First Merchants Corporation purchasing Enterprise Instant Messenger
- Community Educators CU (FL) - Integrating Card Reader With Lobby Management Application
Passageways is also recording very healthy board portal sales to its existing clients each month. Passageways continues to enjoy more than 100% growth over last year in revenue from existing clients.
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