WestCoastAggie
September 24th, 2010, 03:30 PM
RSEC no more
Local bank gets naming rights for $3.3 million
By Austin Ramsey Assistant News Editor
Published: Thursday, September 23, 2010
Updated: Thursday, September 23, 2010 23:09
http://www.thenews.org/news/rsec-no-more-1.2341260
http://www.thenews.org/polopoly_fs/1.2341267!/image/457024911.jpg_gen/derivatives/landscape_240/457024911.jpg
The University Board of Regents [of Murray state University] accepted two donations totaling more than $4.5 million at their quarterly meeting last Friday.
Regent Susan Guess, chair of the institutional advancement committee, introduced the first and largest gift - a $3.3 million donation to the athletics department from Community Financial Services Bank.
With a unanimous vote to accept the gift, the University gave the regional banking chain full naming rights to the previously existing RSEC.
Representatives from the bank were present at the meeting to name the 8,600-seat multi-purpose arena and home to the men's and women's basketball teams the CFSB Center.
The Board of Regents also granted the bank with prominent display and exposure opportunities in and around the facility playing host to concerts, trade shows and conventions for the western Kentucky region.
Constantine Curris, chair of the board, remarked on the enormity of the gift, thanking CFSB for their contribution.
"We're very pleased for this philanthropic gift to the University," he said to generous applause at the close of the meeting.
Local bank gets naming rights for $3.3 million
By Austin Ramsey Assistant News Editor
Published: Thursday, September 23, 2010
Updated: Thursday, September 23, 2010 23:09
http://www.thenews.org/news/rsec-no-more-1.2341260
http://www.thenews.org/polopoly_fs/1.2341267!/image/457024911.jpg_gen/derivatives/landscape_240/457024911.jpg
The University Board of Regents [of Murray state University] accepted two donations totaling more than $4.5 million at their quarterly meeting last Friday.
Regent Susan Guess, chair of the institutional advancement committee, introduced the first and largest gift - a $3.3 million donation to the athletics department from Community Financial Services Bank.
With a unanimous vote to accept the gift, the University gave the regional banking chain full naming rights to the previously existing RSEC.
Representatives from the bank were present at the meeting to name the 8,600-seat multi-purpose arena and home to the men's and women's basketball teams the CFSB Center.
The Board of Regents also granted the bank with prominent display and exposure opportunities in and around the facility playing host to concerts, trade shows and conventions for the western Kentucky region.
Constantine Curris, chair of the board, remarked on the enormity of the gift, thanking CFSB for their contribution.
"We're very pleased for this philanthropic gift to the University," he said to generous applause at the close of the meeting.