Credit Union 1 Amphitheatre. (Image courtesy of CU1AMP provided by Live Nation Chicago) Credit Union 1 Amphitheatre. (Image courtesy of CU1AMP provided by Live Nation Chicago)

The Rantoul, Ill.-based Credit Union 1 secured a new venue for its brand, literally, as an agreement was announced Tuesday for the credit union to rename an iconic venue as the Credit Union 1 Amphitheatre, located on the far southern edge of the Chicago metro area in Tinley Park. The venue seats more than 28,000 people and has been a major concert stop for some of the biggest names in music for the past 30 years.

The President/CEO of the $1.6 billion credit union, Todd Gunderson, said, "Credit Union 1 is excited to unveil the Credit Union 1 Amphitheatre in Tinley Park. The venue is a fantastic community hub for all of Chicagoland and builds on our partnerships with University of Notre Dame Athletics and University of Illinois Chicago to support the spaces and activities that bring people together and joy to members' lives. CU1 is excited to use this significant stage to shine a light on how credit unions are the stable, community-focused solution for everyone, especially in times of economic uncertainty. We believe in Better Banking for All and look forward to spotlighting how credit unions like Credit Union 1 truly put people first."

This is the second Credit Union 1-branded venue in the Chicagoland area. In 2018, the credit union secured naming rights to the Credit Union 1 Arena at the University of Illinois Chicago.

Credit Union 1 Amphitheatre. (Image courtesy of CU1AMP provided by Live Nation Chicago) Credit Union 1 Amphitheatre. (Image courtesy of CU1AMP provided by Live Nation Chicago)

The inaugural season at Credit Union 1 Amphitheatre kicks off on May 27 with a performance by Janet Jackson. Other acts this season include Shania Twain, Snoop Dogg, Pentatonix and Eric Church.

"We are amidst a historic time in live music as fans everywhere continue prioritizing concerts to connect and make lasting memories," Live Nation SVP, Head of Venue Sales Andy Peikon said. "We're thrilled the Credit Union 1 Amphitheatre will be at the forefront of unforgettable live music moments for fans across the greater Chicago area with every show."

Financial details of the naming-rights deal were not disclosed.

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Michael Ogden

Editor-in-Chief at CU Times. To connect, email at [email protected]. As Editor-in-Chief of CU Times since 2016, Michael Ogden has led the editorial team in all aspects of content strategy and execution, including the creation of the publication’s exclusive and proprietary research database of the credit union industry’s economic landscape. Under Michael’s leadership, CU Times has successfully shifted to an all-digital editorial product with new focuses on the payments, fraud, lending and regulatory beats. Most recently, he introduced a data-focused editorial product for subscribers that breaks down credit union issues into hard data, allowing for a deeper and more factual narrative for readers. In 2024, he launched the "Shared Accounts With CU Times" podcast, which offers a fresh, inside-the-newsroom perspective through interviews with leaders from the credit union industry and the regulatory world. He dives into pressing credit union issues, while revealing the personalities working behind-the-scenes to push the credit union world forward. His background includes years as a radio and TV anchor/reporter and a public relations and digital/social media manager, where he covered the food and music industries, as well as cooperatives and credit unions. Over the years, he has launched numerous exclusive video and podcast series, including a successful series of interactive backstage interviews with musicians at music festivals, showcasing his social media and live streaming production skills.