Teachers Credit Union and Beech Grove City Schools have established a new academic, athletic and extracurricular partnership, including stadium naming rights and a cash management agreement. TCU will provide cash management services over 10 years to support Beech Grove City Schools programs.
The cash management dividends and sponsorship elements are expected to provide the school district a total of $1.2 million in support over the next decade.
“The strategic partnership with Beech Grove City Schools advances TCU’s mission to support educational and extracurricular initiatives in the communities that we serve,” TCU President and CEO Paul Marsh said. “We’re excited to strengthen our relationship with Beech Grove educators as they develop innovative programs to prepare students for the future.”
As part of the partnership, the stadium at Beech Grove High School will be renamed TCU Veterans Stadium. TCU will work with Beech Grove City Schools to update the stadium’s signage prior to the 2019-2020 academic year. TCU also will serve as the official financial services provider for Beech Grove City Schools.
“We are proud to partner with TCU and are grateful for the credit union’s generous support for our educators, students and families,” Beech Grove City Schools Superintendent Dr. Paul Kaiser said. “This relationship will benefit our community for generations.”