MEMBERS Development Company (MDC) is a true partnership between credit unions, Corporates, Leagues and CUNA Mutual designed to help focus member product and service development activities on the most pressing and promising opportunities within the credit union industry.
MDC's activities are directed by an eleven member board, eight of whom are elected by its credit union/CUSO/Corporate/League owners. By design, CUNA Mutual can hold no more than a 49% stake in the organization.
MDC currently has more than 60 owners, which represent 12% of total CU membership, and 16% of all CU assets.