Spokane Public Facilities District and STCU sign sponsorship deal to rename The Podium

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Visitors to downtown Spokane will soon see a new name at The Podium.

STCU signed a 10-year agreement with the Spokane Public Facilities District that will put the credit union’s name on The Podium at 511 W. Dean Ave.

Under the agreement, the venue, which hosts sports competitions, concerts and community events, will be renamed The Podium Powered by STCU, according to a press release.

“This sponsorship is a vote of confidence for a vibrant community that welcomes visitors,” said Ezra Eckhardt, president and CEO of STCU, in a statement.

“It’s an investment in the continued economic and cultural growth of Spokane.”

Sponsorship of the site by STCU costs $100,000 a year, according to the credit union.

Sponsorship talks between the STCU and the Spokane Public Amenity District began several months ago, said STCU spokesman Dan Hansen.

“We had been looking for opportunities for a while,” he said.

“All we were doing during the pandemic was helping the community through the crisis, but also making sure we looked beyond that.”

Opening the venue in December was the perfect time for a sponsorship deal because the end of the pandemic was in sight for Spokane County, he added.

“Events held there have already been very successful,” Hansen said of the venue.

Podium Powered by STCU signage will appear on indoor and outdoor spaces at the venue beginning in late summer, Hansen said.

Outside the venue, attendees will find STCU Plaza, a gathering place at the top of a switchback path leading to Riverfront Park. The square will house an indoor space with glass walls called the STCU room.

The Podium Powered by STCU has the only 200-meter hydraulically-inclined indoor track on the West Coast.

The floor of the 135,000 square foot facility can be configured for 21 wrestling mats, 16 volleyball courts or nine basketball courts.

In February, The Podium Powered by STCU hosted 450 athletes for the nationally televised USATF Indoor Championships.

The U.S. National Karate Championships will be held June 30-July 3 at the venue.

The competition is expected to attract more than 4,500 athletes, coaches and spectators and have an estimated economic impact of nearly $7.5 million, according to the Spokane Public Facilities District.

“The podium shows how partnerships make great things happen,” Spokane Public Facilities District CEO Stephanie Curran said in a statement.

“With the support of local leaders, we are bringing indoor athletics to Spokane and maximizing the investment to include other sports, graduations and concerts.”

The Spokane Public Facilities District also oversees the operation of the Spokane Veterans Memorial Arena, the Spokane Convention Center, and the First Interstate Center for the Arts, which hosts STCU Best of Broadway productions.

STCU, founded in 1934, has 38 branches in eastern Washington and northern Idaho.

The Spokane-based credit union has more than 250,000 members.

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