INDIANAPOLIS–Teachers Credit Union has announced another partnership with a local school district.
The South Bend, Ind.-based TCU said it has reached a 10-year agreement to provide cash management services to the school corporation to and also obtain exclusive naming rights sponsor of a new sports venue at Franklin Central High School.
Overall, the cash management dividends and naming rights sponsorship elements are expected to provide the school district a total of $1.1 million in support annually over the term of the partnership to benefit Franklin Township Schools, TCU said.
The credit union said it will also be the exclusive naming rights sponsor of a new tennis complex currently under construction at the high school.
“We are excited to partner with Franklin Township Schools,” said TCU President and CEO Paul Marsh. “Over the next decade we look forward to helping make it a stronger financial reality for FTCSC to carry out its mission of instilling a passion for lifelong learning. It is always TCU’s vision to partner with our communities to achieve their financial success.”
As CUToday.info has reported earlier, Teachers Credit Union has signed a number of partnerships with other school districts in the state.