Reseda Group and Maps Credit Union Acquire Pocketnest

Reseda Group Acquires ChannelNet

July 10, 2023

Cloud & SaaS

Reseda Group, the credit-union-owned CUSO of MSU Federal Credit Union, has acquired ChannelNet, a Dearborn-based provider of the OneClick Financial digital engagement SaaS platform. The acquisition adds ChannelNet's data-driven personalization and engagement capabilities to Reseda Group's portfolio to help credit unions accelerate digital transformation and member engagement.

Reseda Group Acquires Tandem Finance App

November 12, 2025

Payments & Fintech

Reseda Group, a credit union service organization owned by MSU Federal Credit Union, has acquired Tandem, an Ann Arbor-based fintech app that helps couples manage shared finances. Tandem's founders will join Reseda Group as vice presidents as the company integrates the app into a broader family banking ecosystem aimed at Gen Z and Millennial couples and expanding into multi-generational household financial tools.

SavvyMoney Acquires CreditSnap

May 13, 2025

Financial Services

SavvyMoney has acquired CreditSnap, a fintech provider of deposit account opening and digital lending integrations, to embed CreditSnap's modular origination technology into SavvyMoney's financial wellness and demand-generation platform. The deal aims to strengthen integrations with loan origination and core banking systems, shorten application times, and deliver end-to-end lending and deposit experiences for banks and credit unions.

nesto Acquires CMLS Group

June 21, 2024

Financial Services

Montreal-based digital lender nesto has acquired CMLS Group, one of Canada’s largest mortgage finance companies, creating the country’s largest technology-enabled mortgage lender. The combined business will operate across residential and commercial mortgage markets with more than 1,000 employees, roughly $60 billion in mortgages under administration, and transaction support from a group of institutional and strategic investors including Diagram Ventures, Portage, NAventures, IGM Financial, BMO Capital Partners, Fonds de solidarité FTQ and Fondaction.

Michigan State University Federal Credit Union Acquires Algonquin State Bank

August 31, 2023

Financial Services

Michigan State University Federal Credit Union (MSUFCU) has entered into a definitive purchase and assumption agreement to acquire substantially all assets and assume substantially all liabilities of Algonquin State Bank and its parent, First Algonquin Company. The transaction, which is subject to customary regulatory and shareholder approvals and expected to close in late Q1 2024, expands MSUFCU’s presence in the Chicago market and increases its Illinois footprint to 10 branches (35 branches across two states) and contributes to a combined institution with roughly $8.3 billion in assets.

Evernest Acquires Poplar Homes; Secures $15M Led by LL Funds

January 22, 2025

Real Estate

Evernest, a national tech-enabled property management operator, has acquired Cupertino-based Poplar Homes and secured $15 million in strategic funding led by LL Funds. The deal expands Evernest's footprint into six new states (including West Coast markets), growing its managed portfolio to roughly 23,000 units and integrating Poplar-owned assets such as Zendoor and select 33 Realty property-management operations into its platform.