BREMERTON, Wash.–A high school’s athletic facilities here are being named after a credit union. The Central Kitsap School District said it has agreed to a corporate sponsorship agreement with Kitsap Credit Union in a $500,000 deal for Central Kitsap High School.
The funds will be used to offset the cost of bleachers with seating for 1,400 at the new football field and track.
The stadium, new baseball and softball fields and the new tennis courts will all sport signage acknowledging the gift, according to the school district. The outdoor facilities will be known as the "Kitsap Credit Union Athletic Complex" under the agreement.
In addition, the agreement includes naming rights and advertising space at the athletic complex for six years, with the option to renew the sponsorship for an as yet undetermined amount "mutually acceptable" to both parties.
The credit union said it will pay to have the signs made and installed. The district will maintain them.
The credit union already provides a financial literacy curriculum for Central Kitsap students.
“Kitsap Credit Union has enjoyed a decades-long relationship with many local school districts, including CKSD," said Senior Vice President/Chief Operations Officer Kellie LeTexier, in a statement. "We both believe in equipping our youth with the best possible tools for success, which has included, for us, free financial education and now extends even further. We’re also excited to know our community will have access to a world-class sports venue that promotes the beauty of the Pacific Northwest and improves the quality of life here.”