Ten years after Purdue Federal Credit Union provided seed capital for software company Passageways LLC, the company is gearing up to relocate its headquarters and offices to accommodate its growth.

The $777 million credit union in West Lafayette, Ind., was Passageways' first customer, said Paroon Chadha, who, along with Christopher Beltran, founded the firm in 2003. The firm's software is now used by more than 300 community banks, credit unions, hospitals and insurance companies around the world.

The company is relocating its headquarters and offices from the Purdue Research Park of West Lafayette to Lafayette, Ind. The new office is scheduled to be finished in December.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.