BIRMINGHAM, Ala. – The Alabama Credit Union League Board of Directors has unanimously approved a $100,000 investment to purchase one Class A share in the Members Development Company, LLC, making the ACUL the first U.S. league to join MDC. Alabama Credit Union League President/CEO Gary Wolter commended the board for approving the investment. This is a great opportunity to place ourselves at the table with the best and the brightest and to help ensure that credit unions continue to have superior products and services to offer their members, said Wolter. MDC is 45% owned by CUNA Mutual Group and 51% by credit unions or CUSOs. Its goal is to provide a unified approach to the development and delivery of outstanding member products and services to help guarantee credit unions are in the lead of emerging trends. The Alabama League Board approved the investment in MDC at a meeting held just prior to the League's 72nd Annual Membership Meeting and Education Symposium April 13-15.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
