MEMBERS Development board looking to narrow project focus

CHICAGO - The MEMBERS Development Company board will meet on April 24 and 25 here to start plotting the course for MDC's operations over the next few months. MDC was formed earlier this year by a group of credit union and CUSO CEOs and CUNA Mutual. The group is looking at bringing strategically important products and services to the credit union industry. At the Chicago board meeting the group will attempt to bring a focus to which projects it wants to begin first. Some of the topics MDC was evaluating in an ownership survey include e-commerce initiatives; a broker/dealer network; member service relationship pricing model; a nationwide branding campaign; direct channel for low-load mutual funds; and others. MDC hopes to have their focus narrowed down to two or three topics by the end of the upcoming board meeting.

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