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Deric A. Mims
SVP. / Chief Lending Officer
Deric A. Mims is Senior Vice President and Chief Lending Officer for the Mid-Atlantic Federal Credit Union. Reporting to the Chief Operations Officer, Mr. Mims is a native Washingtonian that dedicated the last 37 years in the financial services industry creating value for small, and mid to large businesses through financial, business management, and strategic solutions. Mr. Mims is known in the region as an established leader and expert in credit structuring, negotiations, and all areas of SBA.
Mr. Mims is responsible for the overall financial performance of Mid-Atlantic Federal Credit Union credit portfolio, credit policies, and acquisition of new working assets.
Mr. 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, Mr. Mims joined Bank of America where he held key position of Regional Credit Manager, Vice President of Retail/Commercial lending, and Vice President of Commercial lending. In 1993, Mr. Mims transitioned to SunTrust as Senior Vice President of Commercial lending, and most recently Senior Vice President of SBA lending. In 2015, Mims joined the Mid-Atlantic Federal Credit Union as Chief Lending Officer.