KANSAS CITY, Mo.– Jeff Kline, CEO of Members Development Co., announced he plans to retire effective May 2025.
Kline joined MDC in 2007, and under his leadership the company reported its research and development efforts have tripled, it has substantially expanded its credit union owner base, and it has “facilitated groundbreaking collaboration” between fintechs and credit unions, “paving the way for unprecedented investment opportunities within the industry.”
In addition, MDC said Kline has led innovative research initiatives, advocated for expanded governmental powers for credit unions and CUSOs, and co-founded numerous credit union system partners “integral to the industry's current landscape.”
‘Immensely Proud’
"After four decades in the credit union industry, with the last 17 incredible years leading MDC, I am immensely proud of what MDC and our owners have achieved together,” Kline said in a statement. “With great confidence in the strong foundation we have built for continued success, I'm inspired by the bright future that lies ahead for MDC. Our talented team, innovative spirit, and unwavering commitment to owners ensure that the best is yet to come."
Statements of Support
Others issuing statements in response to Kline’s retirement plans include:
- "Throughout Jeff Kline's tenure, his visionary leadership and unwavering dedication have propelled MDC to new heights. Jeff's commitment to innovation and excellence has driven organizational and owner success and positively impacted the credit union industry. We are profoundly grateful for Jeff's contributions, and his legacy will continue to shape our future as we build on the strong foundation he has established." –Kevin Johnson, MDC Board Chairman and Suncoast Credit Union CEO
- "Jeff Kline's impact on the credit union industry is immeasurable. His leadership at MDC has set a high standard for innovation and collaboration. His legacy will undoubtedly continue to inspire future leaders in the industry,” --Rodney Hood, former chairman of the NCUA
Career Accomplishments
According to MDC, Kline's career in the credit union system spans more than three decades and is marked by his roles as a pioneer, industry advocate, CEO, board member, and innovator. A Certified Public Accountant (CPA), Kline currently serves on the boards of CU NextGen and Curql Collective, was a member of the first class to graduate from the CUES CEO Institute, and was part of the inaugural class of Filene Research Institute's i3 program.
MDC said it has initiated a comprehensive process to select a new CEO.