Ken Rosen joins Sandia Laboratory Federal Credit Union as Vice President of Real Estate and Facilities
Rosen joins SLFCU with more than 20 years of site acquisition, lease negotiation, and facilities management experience
ALBUQUERQUE, NM (November 17, 2023) — Ken Rosen has joined Sandia Laboratory Federal Credit Union (SLFCU) as Vice President of Real Estate and Facilities.
In his new position, Rosen is responsible for developing and implementing SLFCU’s location growth strategy, including evaluation of new opportunities for delivering in-person financial services to people in underserved areas.
“I’m delighted that Ken has joined the SLFCU team and confident he will play a critical role in SLFCU’s growth as we continue to invest in the communities we serve. He’s a great fit for our member-centric culture,” said Rick Anderson, SLFCU Executive Vice President.
Rosen said he was attracted to the position at SLFCU because of its not-for-profit cooperative structure and its commitment to always striving to better serve its members. “I have spent a great deal of time volunteering for nonprofits involved in literacy and education. I am excited to work for an organization that believes in financial literacy and recognizes the importance of helping its members grow and succeed,” he noted.
He added, “I have learned that selecting just the right location for a new branch is a mix of art and science. Certainly, data and analytics are involved, but it is also important to listen to what members want. And of course, it is critical to negotiate favorable terms, whether it is a lease or a sale.”
Rosen has years of experience helping large, multi-location companies grow by negotiating leases and by identifying and securing the right sites for new locations. He also has extensive expertise in facilities management, maintenance, logistics, strategic development, and more.
Previously, Rosen was part of the management team for a large national flooring retailer for over 12 years, most recently leading its Real Estate Division with responsibility for nearly 400 locations.
Rosen earned a Juris Doctor degree from Washington University School of Law in St. Louis, Missouri and holds a Bachelor of Arts degree in History from the University of Michigan in Ann Arbor.
About Sandia Laboratory Federal Credit Union (SLFCU)
SLFCU was named by Forbes as a Best-in-State Credit Union for the sixth consecutive year in 2023. With $3.5 billion in assets, SLFCU serves almost 137,000 members, with 11 branches in the New Mexico area and one in Livermore, California. Formed in 1948 by employees of Sandia National Laboratories, SLFCU’s field of membership now includes more than 1,400 partner companies in New Mexico and California. Employees of those companies and their family members use SLFCU for financial services that include checking, savings, home mortgages, auto loans, credit and check cards and investment services. Members enjoy a nationwide, surcharge-free ATM system and free online account services. The Credit Union is federally insured by the National Credit Union Administration (NCUA) and is an Equal Housing Lender.