Golden 1 Credit Union

The Golden 1 Credit Union (or Golden 1) is a credit union headquartered in Sacramento, California. Golden 1 currently serves consumers throughout California with more than 70 branches and over 30,000 CO-OP ATMs nationwide.[4]

The Golden 1 Credit Union
Credit Union
IndustryFinancial services
Founded(1933 (1933))
Headquarters,
Number of locations
More than 70 branches (2014)[1]
Key people
Donna A. Bland, President/CEO
ProductsChecking; Savings; Consumer loans; Mortgage loans; Credit cards; Online banking; Investments; Insurance
Total assets$12.0B USD[2]
Number of employees
1800 (2016)[3]
Websitegolden1.com

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 strong 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 union and the second largest credit union in the State of California.[2] [2] The current President & CEO is Donna A. Bland.[5]

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 into Sacramento's future 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 [6].[6]

References

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