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Meet Our Team
Deric A. Mims
SVP / Chief Lending Officer
Deric A. Mims is senior vice president of Mid-Atlantic Federal Credit Union's small business administration (SBA) lending division and serves as an expert in SBA financial and technical assistance programs created to address the various needs of small businesses. In this role, he is also responsible for training and influencing MAFCU's business banking and commercial banking departments.
A native Washingtonian, Mims has dedicated the last 38 years in the financial services industry to creating value for small, mid and large businesses through financial, business management and strategic solutions. He is known in the region as an established leader and expert in credit structuring, negotiations and all areas of SBA.
Mims is committed to promoting the credit union movement throughout the region, and ensuring the delivery of unparalleled service and value to members while acquiring greater market share.
Mims started his professional career in 1975 as a management analyst in the U.S. Department of Health and Human Services. In 1978, he joined Bank of America where he held key positions including regional credit manager, vice president of retail/commercial lending and vice president of commercial lending. In 1993, he transitioned to SunTrust as senior vice president of commercial lending, and most recently senior vice president of SBA lending. In 2015, he joined MAFCU as the chief lending officer where he was responsible for the overall financial performance of the credit union's credit portfolio, credit policies and acquisition of new working assets.
VP / Commercial Relationship Manager
Sebastian Mascarenhas is the Vice President, Commercial Relationship Manager for Mid-Atlantic Federal Credit Union. He is responsible for the growth of the Mid-Atlantic Federal Credit Union's commercial relationship development and management, as well as commercial product development initiatives.
Prior to joining MAFCU, Sebastian Mascarenhas worked at M&T Bank for 7 years as Vice President, Sr Branch Manager and three major banks in a management capacity for 7 years. Sebastian has won multiple awards in business banking initiatives. Sebastian also has additional 9 years of management experience.
Sebastian brings community leadership, passion and a commitment to help the community business's to succeed. Sebastian is an active member of several nonprofit organizations and the chamber of commerce.
Sebastian has a degree in commerce from the Mumbai University and resides in Montgomery County with his wife and kids. Sebastian joined MAFCU in July 2015 and is excited to be part of the MAFCU team and support the vision and growth.
Assistant VP / Business Banking Relationship Manager
Kim Ta is the assistant vice president, business banking relationship manager for Mid-Atlantic Federal Credit Union. She is responsible for the growth and success of MAFCU's business development and business banking department. Kim brings more than 20 years of banking and financial services experience to Mid-Atlantic FCU.
She has held various management roles at other major financial institutions in Montgomery County, MD, and has won multiple awards for being a top producer at her branches.
Kim graduated from the University of Maryland, College of Business and Management, with a Bachelor of Science in finance, and has a dual Master of Science and Master of Business Administration in financial management from Johns Hopkins University.
She is an active member of several nonprofit organizations and the Chamber of Commerce.