Robert Chavez of Sandia Laboratory FCU appointed to CO-OP Board of Directors

Chavez fills unexpired term of retired member

RANCHO CUCAMONGA, CA (November 7, 2016) — Robert Chavez, President/CEO of Sandia Laboratory FCU, based in Albuquerque, New Mexico, has been appointed to the Board of Directors of CO-OP Financial Services by a unanimous vote of the directors.

Chavez immediately fills the position formerly held by Tom Dorety, who retired from Suncoast Credit Union. Chavez’s term will expire in May 2017, at which time he may stand for election for a first, full three-year term.

“I want to congratulate and welcome Robert on his appointment to the CO-OP Board,” said Jeff Napper, Board Chairman, and President/CEO of LBS Financial CU. “Robert has worked for financial institutions for more than 30 years, and his solid management and credit union industry experience will be of great value to the Board’s oversight duties of CO-OP Financial Services.”

Chavez joined Sandia Laboratory FCU in 2000 and became President/CEO in 2014. The credit union has 83,000 members and total assets of $2.3 billion. Chavez has served a six-year term on the Board of Directors for the Credit Union Association of New Mexico. He currently serves on the Federal Reserve Bank of Kansas City’s Community Depository Institutions Advisory Council and on a Regional Advisory Committee for the National Association of Federal Credit Unions. He has also taken a leadership role in several multi-owner credit union service organizations, including CU ATM Services, LLC, CU Anytime LLC and DataPrint Services, LLC.

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About CO-OP Financial Services

CO-OP Financial Services is a payments and financial technology company whose mission is ensuring the success of the credit union movement. CO-OP payments solutions, engagement services and strategic counsel help credit unions optimize member experiences to consistently provide seamless, personalized multi-channel offerings, while delivering secure, sophisticated fraud mitigation service. For more information, visit


Bill Prichard, APR
Director, Public Relations
CO-OP Financial Services
(909) 532-9416

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