A longstanding relationship between the Â鶹ӳ»´«Ã½ and CFE Federal Credit Union is expanding.<\/p>\n
The credit union has acquired the naming rights to the Â鶹ӳ»´«Ã½ Arena, and the 10,000-seat facility will now be known as the CFE Arena. Â鶹ӳ»´«Ã½ President John C. Hitt announced the agreement today at the university\u2019s Board of Trustees meeting.<\/p>\n
\u201cWe are pleased to strengthen our relationship with an outstanding organization that has served our campus and our community so well,\u201d Hitt said. \u201cWe can\u2019t think of a better partner for the naming rights for one of our campus\u2019 most prominent facilities.\u201d<\/p>\n
The CFE Arena, which opened in 2007, hosts Â鶹ӳ»´«Ã½ men\u2019s and women\u2019s basketball games, concerts, Â鶹ӳ»´«Ã½ and high school commencement ceremonies and other events. Men\u2019s basketball alone has attracted 538,457 fans since the Arena opened. Next year, Â鶹ӳ»´«Ã½\u2019s basketball teams will enjoy even more national exposure when they move into the American Athletic Conference. Additionally, the Arena has hosted artists such as Katy Perry, Lady Gaga, Elton John and Dolly Parton, as well as performances by Cirque du Soleil and the annual Light Up Â鶹ӳ»´«Ã½ holiday event. Twenty high schools will hold their graduation ceremonies at the CFE Arena this year.\u00a0<\/p>\n
\u201cWe are pleased to be named the official sponsor of the CFE Arena on the Â鶹ӳ»´«Ã½ campus. We have been a consistent supporter of education in Central Florida since our founding in 1937 and recognize Â鶹ӳ»´«Ã½\u2019s unique presence as an ever-expanding community of students, staff and alumni,\u201d said Joseph A. Melbourne Jr., president and chief executive officer of CFE Federal Credit Union. \u201cOur partnership with Â鶹ӳ»´«Ã½ offers us an even greater opportunity to provide the next generation with lifelong financial management skills and the products and services they will need throughout their lives.\u201d<\/p>\n
Â鶹ӳ»´«Ã½ will receive $3.95 million over seven years as part of the naming rights agreement for the Arena.\u00a0<\/p>\n
CFE\u2019s naming of the Arena is the latest initiative of the credit union\u2019s focus on becoming more recognized and accessible on the Â鶹ӳ»´«Ã½ campus. In November 2011, CFE acquired Â鶹ӳ»´«Ã½ Federal Credit Union with an on-campus location in the John T. Washington Center and a location across from campus on Alafaya Trail. Through its merger with Â鶹ӳ»´«Ã½ Federal Credit Union, CFE now boasts more than 40 years\u2019 experience serving the students, faculty and staff on the Â鶹ӳ»´«Ã½ campus.\u00a0<\/p>\n
The credit union will open a branch inside the CFE Arena, its fourth on or near Â鶹ӳ»´«Ã½\u2019s main campus. The branch will offer flexible operating hours, especially during events hosted at the Arena. ATMs also will be installed in and near the CFE Arena.\u00a0 CFE\u2019s indoor space will include a lounge for Arena visitors to sit, study and charge their electronic devices.\u00a0<\/p>\n
\u201cOur branch in the CFE Arena will be more than a place to conduct financial business,\u201d said Katie Thomason, director of Â鶹ӳ»´«Ã½ development for CFE. \u201cWe want to create a caf\u00e9 vibe with a comfortable lounge area and a self-service coffee bar. Visitors will be invited to enjoy a cup of coffee while they relax or study, individually or in the company of others. The space will also be used to provide money management coaching and training for students. Helping our members manage their finances responsibly is a priority for CFE.\u201d\u00a0<\/p>\n
\u201cWorking closely with our partners ensures that Â鶹ӳ»´«Ã½ will have the added resources to meet the future needs of our students, faculty, programs and facilities,\u201d said Bob Holmes, chief executive officer of the Â鶹ӳ»´«Ã½ Foundation, Inc. \u201cPartnerships with CFE Federal Credit Union, like the naming of the arena, are vital to achieving the university\u2019s mission of educating our future workforce, fostering innovation and strengthening Florida\u2019s economy.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"A longstanding relationship between the Â鶹ӳ»´«Ã½ and CFE Federal Credit Union is expanding. The credit union has acquired the naming rights to the Â鶹ӳ»´«Ã½ Arena, and the 10,000-seat facility will now be known as the CFE Arena. Â鶹ӳ»´«Ã½ President John C. Hitt announced the agreement today at the university\u2019s Board of Trustees meeting. \u201cWe are pleased to…","protected":false},"author":9,"featured_media":49637,"comment_status":"open","ping_status":"closed","sticky":false,"template":"template-twocol.php","format":"standard","meta":{"_acf_changed":false,"lazy_load_responsive_images_disabled":false,"footnotes":"","_links_to":"","_links_to_target":"","_wp_rev_ctl_limit":""},"categories":[5,1],"tags":[10046,9805,10047,2510,3086],"tu_author":[],"class_list":["post-49636","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-colleges","category-uncategorized","tag-addition-financial-arena","tag-american-athletic-conference","tag-cfe-federal-credit-union","tag-john-c-hitt","tag-mens-basketball"],"yoast_head":"\n