Visionary Leader Jeff Kline to Retire as MDC CEO, Leaving a Legacy of Innovation and Collaboration
Chief Executive Officer Jeff Kline is to retire in May 2025 after a 40-year distinguished career, including 17 years as CEO
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.
Kline joined MDC in 2007, and under his leadership, the company's research and development efforts have tripled in asset size, substantially expanded its credit union owner base, and facilitated groundbreaking collaboration between fintech’s and credit unions, paving the way for unprecedented investment opportunities within the industry.
During his tenure, 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.
On his decision to retire as CEO, Kline said, "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. 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."
"Throughout Jeff Kline's tenure, his visionary leadership and unwavering dedication have propelled MDC to new heights," said Kevin Johnson, MDC Board Chairman and Suncoast Credit Union, CEO. "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."
Rodney Hood, Chairman of the National Credit Union Administration, added, "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."
Kline's career in the credit union system spans over three decades, 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. He 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. Kline will remain in his role through May 2025.
In preparation for Jeff’s retirement, the MDC Board of Directors has initiated a comprehensive process to select a new CEO, partnering with Modern Executive Solutions.