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Catalyst Credit Union is paying $100,000 dollars to renew its naming rights sponsorship of the arena for another 10 years.
 
Catalyst CEO Ron Hedley says one of the major drivers behind their decision to renew is the economic activity generated through the facility.
 
He says any time you can attract visitors, there's a huge benefit to the entire region.
 
Catalyst has also committed to an advertising contract worth $25,000, with support from Swan Valley Credit Union.