Idaho Central Credit Union donates $10 million to University of Idaho arena

MOSCOW. Idaho ( KMVT / KSVT ) Idaho Central Credit Union donated $10 million to the University of Idaho, for naming rights to the new basketball arena that's being built.

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.

This will mark the home of the basketball program, 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.

But now ICCU will own the naming rights 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.

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