Golden 1 Credit Union Expands Investment in Student Support at Sacramento State

Golden 1 Credit Union has revealed an ambitious initiative aimed at enhancing student well-being and success at California State University, Sacramento, commonly known as Sacramento State. The credit union's latest move involves a four-year partnership valued at $1 million with the university’s Division of Student Affairs. This effort is expected to significantly impact the academic and financial experiences of the students who attend Sacramento State.

This collaboration primarily aims to bolster students’ welcome experience and provide crucial resources through the Basic Needs Resource Center. As students embark on their academic journeys, Golden 1 plans to focus on increasing financial literacy and ensuring greater access to resources essential for their success.

Erica Taylor, Golden 1's senior vice president of community impact and public relations, expressed that both the union and Sacramento State share a dedication to fostering student success. She stated, “By expanding access to financial education, critical resources, and basic needs support, we're helping students focus on what matters most – succeeding academically and preparing for their future.” This partnership is designed not just to facilitate an easier start for incoming students but also to provide ongoing support for those facing food insecurity, housing instability, and other challenges throughout the academic year.

Throughout the partnership, Golden 1 will engage students during key events, including orientations and move-in days, ensuring they have the necessary tools to thrive. For instance, initiatives such as the 'Arrive to the Hive' events specifically target new students, whether they are first-year attendees, transfer students, or international students, fostering a sense of community and belonging at the university.

In addition to the strategic initiatives described, the investment includes reliable funding for the Basic Needs Resource Center, which has been receiving significant attention given that Sacramento State serves a large population of over 31,000 students, with 42% of them eligible for CalFresh assistance. The Center provides vital support and has facilitated an average of 5,000 visits monthly, underscoring the urgent need for such resources.

Aniesha Mitchell, J.D., vice president for Student Affairs at Sacramento State, emphasized the significance of partnerships like that of Golden 1, stating, “Sacramento State values partners like Golden 1 that recognize financial health as a critical part of student well-being and academic success.” This collaboration aims to enhance orientation programs, ensuring students access the necessary resources for a successful academic journey from the outset.

Golden 1’s continual commitment to student support is exemplified by its previous contributions to the Basic Needs Resource Center, which included major donations in the form of essential supplies and food resources. These contributions established a solid foundation for the Center and illustrate the ongoing dedication of the Credit Union to meet students' immediate needs. Moreover, since 2013, Golden 1 has allocated nearly $5 million in scholarships to close to 600 students from across California, reaffirming its commitment to educational support.

As a Presenting Sponsor of student orientation sessions and a Proud Partner of the Arrive to the Hive initiative, Golden 1 anticipates engaging roughly 9,000 new first-year students and 4,000 transfer students through various on-campus activities throughout Sacramento. This engagement not only aids students in securing essential resources but also facilitates their integration into campus life, allowing them to thrive in their academic pursuits.

Overall, Golden 1 Credit Union's generous investment represents a pivotal shift towards a more supportive academic environment at Sacramento State. By effectively addressing financial education and essential resources, Golden 1 is poised to make a significant difference in the lives of students, providing them with the necessary tools to succeed both academically and personally.

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