University of Idaho Names Idaho Central Credit Union Arena
January 04, 2018
The new basketball arena being built on the University of Idaho’s Moscow campus will be called Idaho Central Credit Union (ICCU) Arena. This is due to the significant gift Idaho Central Credit Union made toward the project.
Today, the U of I and ICCU announced the major gift in a press conference on campus. The partnership will be celebrated at halftime tonight during the Vandal men’s basketball game against Sacramento State in Cowan Spectrum. Tipoff is 7 p.m.
“This wonderful donation from Idaho Central Credit Union to our arena campaign is a game-changing investment for this project, for our university community and for Idaho,” said U of I President Chuck Staben. “The naming gift puts us that much closer to completing a stunning facility that represents Idaho excellence. We are so proud to partner with an organization similarly committed to serving this great state.”
ICCU is headquartered in Chubbuck, Idaho, and first opened in 1940. The credit union has 33 locations across the state.
The 62,000-square-foot, 4,200-seat arena will be a one-of-a-kind engineered wood structure, highlighting Idaho’s wood products industry and providing a unique home for U of I’s basketball programs as well as other activities. The $45 million project already has financial support from the Associated Students of the University of Idaho, the U of I Alumni Association and the U of I Foundation.
“This donation is a symbol of our support for the University of Idaho and of our investment in North Idaho," said Kent Oram, CEO of ICCU. "As ICCU continues to grow, we have more and more members in this community. We are dedicated to supporting the communities where our members live and work. Idaho Central is proud of this partnership with the University of Idaho and the increased connection we now have with the entire Vandal family, statewide. Go Vandals!”
For its $10 million gift, ICCU will have the naming rights to the arena for 35 years.
The arena will be built on the north side of the ASUI-Kibbie Activity Center. Groundbreaking will occur when funding for the entire project is secured. Currently, $34 million has been raised toward the project.
“The arena project has been a long time coming. With the help of our Vandal supporters we are seeing this vision become a reality. This arena will bolster the student-athlete experience and create an exciting environment for future generations,” said U of I Director of Athletics Rob Spear.
Opsis Architecture of Portland, Oregon, is the architect and Hoffman Construction Company, also of Portland, is the general contractor of the design-build project.
About Idaho Central Credit Union
Idaho Central was organized as a state-chartered credit union in 1940. The credit union’s administrative office is located in Chubbuck, Idaho. Idaho Central has over 1,000 employees serving over 300,000 members with 33 locations throughout the state and over $3.5 billion in assets. Idaho Central is a full-service, federally insured financial institution. For an Idaho Central location near you, please visit ICCU.com.
Director, University Communications
Director of Public Relations, Idaho Central Credit Union
About the University of Idaho
The University of Idaho, home of the Vandals, is Idaho’s land-grant, national research university. From its residential campus in Moscow, U of I serves the state of Idaho through educational centers in Boise, Coeur d’Alene and Idaho Falls, a research and Extension center in Twin Falls, plus Extension offices in 42 counties. Home to more than 12,000 students statewide, U of I is a leader in student-centered learning and excels at interdisciplinary research, service to businesses and communities, and in advancing diversity, citizenship and global outreach. U of I competes in the Big Sky Conference. Learn more: www.uidaho.edu