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Two Named to Market President Positions at American Federal

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  Published in Business and Finance on Wednesday, October 15th 2025 at 15:15 GMT by inforum
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American Federal Names Two Market Presidents to Expand Regional Leadership

In a move that signals a continued focus on growth and member service, American Federal Credit Union announced on its InForum news feed that it has appointed two new Market Presidents. The credit union—long known for its commitment to the Washington, D.C., region and surrounding communities—named former Senior Vice President David J. Miller to lead the Washington, D.C. market and Lara A. Khan to oversee the Virginia market. Both leaders are stepping into roles that will give them broad responsibility for branch operations, community outreach, and strategic marketing across their respective territories.

Who Are the New Market Presidents?

David J. Miller comes to American Federal after a decade of leadership at a regional credit union that served over 50,000 members in the Mid‑Atlantic. In his previous role, Miller was responsible for business development, member acquisition, and digital innovation. His experience in expanding branch networks and launching mobile‑first banking products will be key to American Federal’s strategy of increasing access to services in underserved areas of the capital region.

Lara A. Khan is a seasoned community‑banking professional who spent six years as the Director of Member Services for a credit union in the Northeast. Khan’s expertise lies in building partnerships with local businesses, schools, and nonprofits—an approach that aligns with American Federal’s long‑standing focus on community engagement. In her new position, she will coordinate outreach initiatives that help the credit union deepen ties with Virginia’s growing workforce.

The Role of a Market President

American Federal’s Market President positions are designed to provide strategic leadership for the credit union’s geographically based markets. According to the company’s website, Market Presidents are responsible for:

• Operational Oversight: Managing day‑to‑day branch activities, ensuring compliance, and maintaining high levels of customer satisfaction.
• Strategic Growth: Identifying new opportunities for member acquisition, product development, and branch expansion.
• Community Partnerships: Building relationships with local organizations to promote financial education and community development.
• Team Leadership: Recruiting, training, and retaining talent across all branches in their market.

“The Market Presidents are critical to our mission of delivering personalized, member‑first service,” said American Federal President & CEO John A. Taylor in a statement released with the announcement. “David and Lara bring a wealth of experience and a passion for community that will strengthen our presence in both the D.C. and Virginia markets.”

American Federal: A Brief Overview

American Federal Credit Union was founded in 1972 by a group of U.S. Army officers and has grown into one of the largest credit unions in the Washington, D.C. area. With more than 140,000 members and $3 billion in assets, the credit union offers a full suite of financial products, including savings and checking accounts, mortgages, auto loans, and credit cards. It also operates a network of 20 branches, 12 ATMs, and a robust digital platform that allows members to manage their finances online or through a mobile app.

The credit union’s core values emphasize community service, financial empowerment, and responsible growth. It partners with local schools to provide financial literacy programs and sponsors a range of community events, from neighborhood clean‑ups to veteran support groups. As part of its commitment to inclusivity, American Federal has initiatives that promote diversity in its workforce and in its membership base.

Why This Appointment Matters

The announcement of Miller and Khan’s appointments reflects a broader trend within the credit‑union sector: a focus on regional leadership that can drive local engagement while supporting national goals. By placing experienced managers at the helm of key markets, American Federal is positioning itself to meet the evolving needs of its members—especially in a region where digital banking is expanding rapidly and where community ties remain strong.

Moreover, the dual appointment highlights the credit union’s recognition of the importance of tailored strategies. The Washington, D.C. market presents unique challenges such as a highly mobile workforce and a diverse demographic, while Virginia’s suburbs have a different set of growth dynamics, including an expanding tech sector and a mix of military families. With leaders who have deep regional knowledge, American Federal is better equipped to adapt services and outreach to each market’s distinct profile.

Looking Ahead

Under the guidance of David J. Miller and Lara A. Khan, American Federal plans to launch a series of initiatives over the next 12 months, including:

• A digital‑first banking campaign that will introduce new mobile features for members in both markets.
• Community grant programs focused on small‑business development in the D.C. area and veteran‑owned enterprises in Virginia.
• Branch modernization projects that will refurbish existing locations and open new storefronts in high‑potential neighborhoods.

These initiatives aim to reinforce the credit union’s pledge to provide inclusive, member‑centric financial solutions. As the company moves forward, its new Market Presidents will be central to translating strategic vision into tangible outcomes for members across the region.

In summary, American Federal’s decision to name David J. Miller and Lara A. Khan as Market Presidents underscores its commitment to strengthening local leadership and deepening community impact. With a blend of operational expertise and a passion for member service, the new leaders are poised to steer the credit union toward continued growth and innovation in the dynamic Washington, D.C. and Virginia markets.