NORTHRIDGE — Cal State Northridge’s Matador Gymnasium, better known as Matadome, is being renamed Premier America Credit Union Arena as part of a 10-year agreement announced by the school on Wednesday, March 23.
The deal has an annual value of $660,000 in year one and increases each year by 5%, eventually reaching $975,000 in year 10, for a total value of $8.3 million, according to Claudia Keith, vice president. CSUN Acting Associate for Marketing and Communications.
Along with renaming the 2,500-seat arena that is home to CSUN’s basketball and volleyball teams, the partnership includes naming Premier America as “the official credit union of CSUN, the exclusive cooperative partner credit card from CSUN Athletics and the CSUN Alumni Association, and the affinity credit card provider for the alumni association,” the school said.
The premier’s name will be displayed on the arena field and the credit union will sponsor games during the basketball, volleyball and baseball seasons, the school said.
Additionally, Premier America will open a credit union branch and place ATMs on campus, as well as hosting “financial wellness and literacy programs, and sponsoring various student and campus events.” “.
The agreement will also support events at CSUN’s Younes and Soraya Nazarian Center for the Performing Arts and other events in coordination with the CSUN Alumni Association.
The deal was approved by the CSU board of directors at its meeting on Wednesday.
“The U.S. Prime Minister’s emphasis on people working together to find solutions and direct interest in collective success aligns well with CSUN’s approach to the academic success of our students and their collective impact on our region, our state and our nation upon graduation,” said CSUN President Erika D. Beck. in a report. “I am thrilled that we are working together to support the success of our students and, in particular, our student-athletes.
Premier America President and CEO Rudy Pereira said, “Our organizations complement each other perfectly and we are honored to partner with CSUN. CSUN’s deep commitment to building a better and more equitable future for its students, their families, and the community is aligned with our core values. We look forward to working together to promote financial wellness and provide opportunities and guidance to our very diverse community. »
Premier America has over 100,000 members and over $3.4 billion in assets.