Golden 1 Credit Union is inviting nonprofit groups to borrow its luxury suite at Golden 1 Center.
In a move comparable to a program launched by the city of Sacramento, the credit union said Wednesday it will offer nonprofits access to its suite for selected Sacramento Kings games and other arena events. The offer includes tickets to the events and refreshments.
Applications are being taken at www.golden1.com/communitysuite.
Golden 1 bought the naming rights to the month-old arena for a reported $6 million a year. The credit union controls one of the 34 suites that ring the building.
The credit union has described the naming rights deal as a kind of community investment that will ultimately benefit Golden 1. Offering the suite to nonprofits “was a natural extension of the naming-rights agreement,” said Erica Taylor, the credit union’s vice president for communications and community relations.
Golden 1 already has let Reading Partners, an organization that promotes literacy, use the suite for a Kings preseason game.
The city of Sacramento is making the city-owned suite at the new arena available to nonprofits and other community groups as well. Information about the city’s suite is available at www.cityofsacramento.org/Clerk/Disclosures-and-Ethics/Form-802---Ticket-Distribution-Report.
The city got its suite as part of the development deal with the Kings. The city contributed a $255 million subsidy to the $557 million arena.