Press Release

Madison, WI., December 11, 2024—Members Development Company (MDC), a future-focused network accelerating credit union success, has announced that its next CEO will be Ned Tobey, former Chief Product Officer of Digital Banking at NCR. In his new role, Tobey will oversee all research and development operations and strategic decision-making for MDC. He will succeed Jeff Kline, MDC’s CEO since 2007, in January 2025.

Kansas City, Mo., July 17, 2024 – Members Development Company (MDC) has announced that Jeff Kline will retire as CEO effective May 2025 after a distinguished tenure marked by significant growth and innovation.

NEW YORK, NY — July 10, 2024 — ModernFi, the leading technology provider for deposit management, has partnered with Members Development Company (MDC) to create the first deposit network for credit unions. MDC, a network of 80 large credit union owners focused on accelerating credit union success, and ModernFi will offer the deposit network to all credit unions as a powerful tool to grow deposits and member relationships.