Passageways, the leading provider of secure collaboration software for employees and boards of directors, today announced the signing of Tacoma Washington-based Sound Credit Union ($1.5B on assets; 120,000 members) as its 1000th customer. Passageways started as part of the CUSO of Purdue Federal Credit Union in 2003, and today serves over 300 credit unions.
“Although we’ve expanded into a number of other verticals, our roots are still in credit unions,” said Paroon Chadha, Passageways Co-Founder and CEO. “It seems only appropriate that we’ve met this milestone not only with a credit union, but with a progressive industry leader like Sound.”
Sound will be using Passageways’ OnBoard virtual board meeting product to streamline its board and executive meetings. This will be especially beneficial as Sound executes the first credit union acquisition of a bank in Washington state history.
“Passageways OnBoard solution will bring efficiency, collaboration and add a first-class experience for our talented cohort of Board Members,” said Don Clark, Sound Credit Union President/CEO. “A dashboard and centralized place for documents and decisions will be embraced and allow more time for important discussions to take place.”
With a recent growth investment, Passageways will continue to invest deeply in product development, with a unique focus on current and future customers. Passageways recently opened offices in Indianapolis, London (UK), and Toronto (Canada) as it experiences booming growth both domestically and abroad.