meet david shadburne
MidWest America's new President/CEO
April 11, 2023
We’re excited to introduce David Shadburne, as our new Chief Executive Officer and President of MidWest America Federal Credit Union. He has moved here from the Louisville, KY area and we asked him to share some information about himself so the membership could get to know him a little more:
I have been married to my wonderful wife for almost 34 years. Without a doubt, she was out of my league. We were blessed with 3 sons. JD, our oldest, and his wife Sarah live in Goodlettsville, Tennessee where he opened his own pediatric dentist practice last year. They have our 2 grandkids – Isla age 3 and Tate age 1. Our youngest son, Noah, still lives in Lawrenceburg, Kentucky where he is a licensed HVAC journeyman. Our middle son was named Christian. When Christian was a junior at Western Kentucky University studying premed, he was diagnosed with a rare form of cancer. After a 14-month fight, he passed on May 26 at the age of 22. Without our faith along with the support of our family and friends we would not have made it through this difficult time. I’ve learned a lot of lessons during my life including how light will shine through darkness. About a year after Christian passed, my wife and I began talking about a subject we investigated over a decade earlier – adoption. We determined a good way to turn the negative energy into something positive was to help others. Again, we were blessed. In April 2017, we started the process of adopting a 3-day old baby girl that we named Amanda Fayth. In 2018, we adopted 3-month-old twins named Eva Elizabeth and Ava Lynn. Currently, all three of our daughters are 5 years old. There is never a dull or quiet moment in our home – and I wouldn’t have it any other way.
Cindy and I were born and raised in Kentucky. This is the first time we have lived outside of Kentucky, except for a 2-year period where I attended a small college in Florida. I enjoy learning and believe all of us should be lifetime learners to reach our full potential. As far as my formal education, I have studied at several universities in the subjects of accounting, finance, and law. Prior to accepting the position at MidWest America, I worked 7 ½ years at a 1.2 billion dollar credit union located in Louisville, Kentucky where I was the number 2 person holding the titles of EVP and Chief Strategy Officer. Prior to that, I spent over 20 years in community banking holding various positions.
I’ve been asked multiple times why I wanted to move to Indiana and join MidWest America. Many questioned whether I spent any time researching the weather. What really resonated with me when I saw this opportunity became available was a financially strong credit union positioned to do great things. I also saw a Board that has a desire to make an impact in the lives of our members.
So, what does the future hold?
MidWest America is the 17th largest credit union by size in
Indiana with $800 million in assets. Sometime in the future, MidWest America will surpass $1 billion in
assets. I am excited about this growth because it means we will be increasing the impact we have in the
lives of our current and future members.
How will we achieve that growth? We will go back to our credit union roots. This is our WHY.
- Credit unions were established with the philosophy of “People Helping People.” We will find ways to better help our members and our community.
- Credit unions were established with the motto of “Not for Profit, Not for Charity, but for Service.” We will keep in mind the reason we exist.
- MidWest America’s objectives are to “help you [our members] achieve your financial goals” and to be a trusted source of financial services as we state “Your whole life. One financial partner.”
We will keep in mind our mission. To achieve these goals and reach our potential, it will take all of us working together. Helen Keller said, “Alone we can do so little; together we can do so much.” I am looking forward to the future of MidWest America and what we will accomplish in the community and in the lives of our valued membership.
David Shadburne
President/CEO