Golden 1 Credit Union
| Company type | Credit union |
|---|---|
| Industry | Financial services |
| Predecessor | California State Employees Credit Union #1 |
| Founded | 1933 |
| Headquarters | Sacramento , United States |
Area served | California, United States |
Key people | Donna A. Bland (President and CEO) |
| Products | Financial services |
Golden 1 Credit Union (commonly known as Golden 1) is a credit union with its main office located in Sacramento, California. It provides financial services to members throughout California, operating more than 70 branch locations and offering access to upwards of 30,000 CO-OP ATMs nationwide.
Originally established in 1933 under the name California State Employees Credit Union #1, the institution adopted the Golden 1 brand in 1977.
As of June 2018, Golden 1 managed assets exceeding $12 billion and served a membership base surpassing one million individuals. This milestone made it the first state-chartered credit union in California authorized to serve members statewide. It is ranked among the largest credit unions in the United States and holds the position of the second-largest within California. Donna A. Bland currently leads the organization as President and CEO.
On June 16, 2015, Golden 1 acquired the naming rights for a newly constructed arena situated in downtown Sacramento, succeeding the Sacramento Kings' former Sleep Train Arena. The agreement, valued at $120 million over two decades, averages $6 million per year. This deal represents one of the most significant naming rights contracts for a single-tenant NBA venue and marks the first instance of a credit union sponsoring a major sports facility’s name.