HARTFORD, CT: American Eagle Financial Credit Union has become a member-owner of the credit union strategic think tank, MEMBERS Development Company (MDC).
“As the banking environment continues its rapid change, we see tangible benefits in collaborating with our peers across the country on challenges facing the credit union industry,” said American Eagle FCU President & CEO Dean Marchessault. “Exchanging knowledge and ideas with other MDC owners will help us execute on our strategic plan to meet the needs of our members now and in the future.”
Formed in 2000, MDC said it is an interactive network of more than 50 large credit unions working together on compelling research, meaningful thought leadership, powerful innovation, and development. Collectively, MDC member credit unions serve 10.1 million members with $140.3 billion in assets in 29 states.
“MDC credit unions can pool their resources, work together, and change the pace at which they create solutions in today’s business climate,” said MDC President & CEO Jeff Kline. “We are delighted to welcome American Eagle as a new member to this partnership,” added Kline.