Circuit (formerly MDC)
Financial ServicesColorado, United States11-50 Employees
Circuit, formerly known as Members Development Company (MDC), is a financial services organization headquartered in Denver, Colorado, with 11-50 employees. It operates as a collaborative network of credit union industry leaders focused on innovation through shared research and development and execution. Its 80 owner credit unions serve more than 51 million members and hold about $382 billion in assets, with branch networks located around the globe. The organization aims to move ideas from exploration to real-world impact by connecting research, collaboration, and strategic partnerships, seeking to reduce risk and accelerate delivery. The entity originated as MDC and has pursued governance changes and partnerships in 2024 and 2025, including collaborations with Enable Technologies and the launch of a stablecoin and digital assets initiative led by MDC in September 2025.