Golden 1 Credit Union announced it recently reached $10 billion in assets, becoming the sixth credit union to reach that milestone.
"We take great pride in knowing members trust Golden 1 as their financial partner," Donna Bland, president/CEO of the Sacramento, Calif.-based credit union, said. "Our growth is a testament to the credit union difference and we will continue to communicate the many benefits of joining a not-for-profit financial institution."
The credit union – the sixth largest in the country – has almost 800,000 members. In the past three years, Golden 1 has experienced tremendous growth, with auto loans growing 130%, home loans 51% and membership 22%.
Recommended For You
In June 2015, the credit union announced it obtained the naming rights for the $477 million basketball arena being built for the NBA's Sacramento Kings. Known as Golden 1 Center, it is scheduled to open in October.
The credit union was established on Aug. 5, 1933 during the height of the Great Depression. Chartered by 11 state employees as California State Employees Credit Union #1, the institution was the first to provide financial services to state workers and their families. By 1934, the credit union had reached 131 members and by 1950, membership topped 4,565.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
