Banking & Finance  April 19, 2018

Credit union pays $37.7M for naming rights to CSU stadium

FORT COLLINS — Colorado State University on Thursday said Public Service Credit Union has secured the naming rights for the school’s one-year-old on-campus stadium for $37.7 million.

The agreement, which when added to the $20 million given in 2016 to name the playing surface Sonny Lubick Field, brings the total naming rights revenue for the stadium to $57 million. The agreement with the credit union is for 15 years and includes annual escalator clauses for inflation, as well as a signing bonus. PSCU has assets in excess of $2.3 billion and has more than 230,000 members

PSCU…

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