Golden 1 Credit Union (or Golden 1) is a credit union headquartered in Sacramento, California. Golden 1 currently serves its members throughout California with more than 70 branches and over 30,000 CO-OP ATMs nationwide.[2]
Founded in 1933 as California State Employees Credit Union #1, it changed its name to Golden 1 in 1977.
As of June 2018, Golden 1 had in excess of $12 billion USD in assets and more than one million members, becoming the first state-chartered credit union to be granted statewide field of membership in California. This makes it one of the nation's largest credit unions and the second largest credit union in the State of California.[3] The current President & CEO is Donna A. Bland.[4]
On June 16, 2015, Golden 1 acquired naming rights for a new arena in the heart of downtown Sacramento to replace the Sacramento Kings' Sleep Train Arena. This investment cost $120 million over 20 years, with an average annual value at $6 million. It is one of the largest naming rights deals for a single-tenant NBA arena and the first time a credit union has put its name on a major sports facility.[5]
References
- ^ "Golden 1 Credit Union 2022 Annual Report" (PDF). Retrieved 2023-05-07.
- ^ "Golden 1 Credit Union - About Us". Retrieved 2012-01-24.
- ^ "The Top 100 Credit Unions in the USA". Retrieved 2014-04-14.
- ^ "Donna Bland Named President and CEO of Golden 1 Credit Union". Retrieved 2010-12-28.
- ^ "Introducing Golden 1 Center: Golden 1 Credit Union and Sacramento Kings Announce Naming Rights Partnership for Sacramento's World-Class Entertainment & Sports Center" (Press release). Sacramento Kings. June 16, 2015.
