Discover insights from the fascinating journey of Reseda Group at the #2022CULytics Summit. Delve into the motivations, challenges, and opportunities they encountered along the way.

During the session, April Clobes, CEO of MSUFCU, shares the story behind Reseda Group's evolution, from its inception in 1937 serving Michigan State University members to its present-day status as a tech-savvy powerhouse. With a substantial asset base of $6.7 billion and nearly 1000 employees, they embarked on a journey into the world of fintech startups by forming a CUSO in Spring 2021.

Operating with a keen focus on due diligence and compliance with CDFI requirements, Reseda Group has diversified its investment portfolio across various ventures. Their expansion into financial education and unexpected acquisition of a local printing business underscore their commitment to growth and innovation.

At the heart of their strategy lies a dedication to employee retention and development, offering avenues for creativity and skill enhancement. As they aim for financial stability by year three and aspire to generate a million-dollar profit by year five, their journey is fueled by the maturation of fintech investments and the market launch of Spave, their nonprofit technology.

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