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Liberty Federal Credit Union commits $10 million gift to secure naming rights for Screaming Eagles Arena

Thursday, October 31, 2024 at 6:21 PM

By Staff report

The new name, Liberty Arena, Home of the Screaming Eagles, will be proudly displayed on the exterior of the arena.

The University of Southern Indiana announced Liberty Federal Credit Union has made a historic $10 million gift to the University of Southern Indiana Foundation for USI Athletics, securing the naming rights to the Screaming Eagles Arena for the next 20 years.
The arena will now be named Liberty Arena, Home of the Screaming Eagles. This marks the largest single donation in the history of the University.
The new name, Liberty Arena, Home of the Screaming Eagles, will be proudly displayed on the exterior of the arena. Additionally, the Liberty Federal Credit Union logo will be featured prominently on both halves of the arena floor.
"Liberty Federal Credit Union and the University of Southern Indiana have grown in this community together. In fact, I’ve personally banked with them for the last 35 years," said Steve Bridges, Interim President of the University of Southern Indiana. "This generous gift from Liberty will greatly enhance our athletic programs and provide much-needed support as we continue our transition to Division I athletics. Liberty’s commitment will help pave the way for future success and ensure our student-athletes have the resources they need to thrive."
The funds from this gift are unrestricted, allowing USI Athletics to direct them where they are most needed. This includes support for student-athlete scholarships, travel, Division I transition requirements and other essential needs. The gift represents a significant boost to USI Athletics, positioning the Screaming Eagles for continued success in their Division I journey.
Bill Schirmer, President and CEO of Liberty Federal Credit Union, noted the organization’s deep roots in education. “Our mission is to support our members and community through education,” said Schirmer. “As a credit union that was founded by Evansville teachers, our ties to the educational community in this region are strong. Supporting the advancement of USI students and their athletic programs aligns well with our mission of providing value to our members and the communities we serve.”
Jon Mark Hall, Vice President and Director of Athletics at USI, highlighted the importance of the partnership in furthering the University’s vision. "When we made the decision to transition to Division I athletics, we knew we had to align with progressive, forward-thinking partners within this community and region. This partnership with Liberty allows us to take our vision and make it a reality," said Hall. "As we move into years three and four of our Division I transition, we are aligning with partners who share our drive for success at the highest level. Liberty and USI Athletics will both continue to be impactful in the community, striving for the highest level of achievements."
This $10 million contribution is the largest gift Liberty Federal Credit Union has made to date, underscoring the credit union’s commitment to the University, the community and the future of athletics at USI. 

 

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