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Maximum distance separable (MDS) codes are very important in both theory and practice. There is a classical construction of a family of $[{2^{m}+1, 2u-1, 2^{m}-2u+3}]$ MDS codes for $1 \leq u \leq 2^{m-1}$ , which are cyclic, reversible and BCH codes over ${\mathrm {GF}}(2^{m})$. The objective of this paper is to study the quaternary subfield subcodes and quaternary subfield codes of a subfamily of the MDS codes for even $m$. A family of quaternary cyclic codes is obtained. These quaternary codes are distance-optimal in some cases and very good in general. Furthermore, two infinite families of 3-designs from these quaternary codes and their duals are presented. [ABSTRACT FROM AUTHOR]