A new convention center being built at the Jackson County (Michigan) Fairgrounds will be named for American 1 Credit Union.
The $300 million credit union contributed $4 million for the construction of the $6 million convention center.
The new building will feature a large expo space that can be sectioned off for smaller events. Additional rooms will be able accommodate conferences with multiple sessions. The facility will also include a full kitchen for catering services.
The new convention center will compliment the existing American 1 Event Center at the Fairgrounds.
The $4 million contribution to the convention center is approximately equal to total dividend payments to members for the years of 2013, 2014, and 2015, as reported by the credit union's Call Report.
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