Houston Forward Times

10 July 2014 Written by  Forward Times

University of Houston, TDECU Announce Stadium Naming Rights Agreement

TDECU Stadium is set to open Aug. 29 as Houston hosts UTSA in a nationally televised showdown. 

HOUSTON – The University of Houston and TDECU, the largest credit union in the Houston area, announced a naming rights gift Tuesday that rebrands the Houston Football Stadium as TDECU Stadium. The facility is set to open Aug. 29 when Houston hosts UTSA in a nationally televised showdown.

 

“With TDECU, we have a great friend of the University that shares our philosophy, values and mission. When two winning teams come together, great things happen,” said University of Houston President Renu Khator. “TDECU Stadium is a powerful symbol of our commitment to athletics and student success that will bring together faculty, staff, students, alumni and the city of Houston. We cannot thank TDECU enough for helping us to make this gift possible.”

 

TDECU Stadium will include a TDECU suite located on the 50-yard line, one of 26 sold-out suites in the facility, as well as ticket discounts for TDECU employees and members. A 10-year, $15-million commitment from TDECU secures the naming rights with the University of Houston through June 16, 2024.

 

 “From the beginning of this process, we have been very strategic with how we chose our naming rights gift. We wanted an entity that aligned with our core values, cared about its workforce and its clients, invested in thecommunity and the University. We’ve found that and more with TDECU,” said University of Houston Vice President for Intercollegiate Athletics Mack Rhoades. “When we first met with TDECU in an initial exploratory meeting, we quickly established a bond with (TDECU President and CEO) Stephanie Sherrodd and the leadership team of TDECU. From there, it was a matter of placing our vision on paper and capturing both philosophies. Both parties are truly committed to what they can give and what we can provide to make each other better.”

 

TDECU will also sponsor the Cougar 100 event, a recent initiative from the University of Houston Alumni Association that recognizes and celebrates the world's fastest-growing businesses owned or led by UH alumni. 

 

“We are thrilled and honored to have this opportunity to partner with the University of Houston.  We are proud to have the TDECU name on the new stadium as a visible sign of our commitment to the University and the Houston community,” said Stephanie Sherrodd, TDECU President and CEO.  “TDECU’s core values are shared by the University of Houston in improving the lives of those around us in order to build for the future.”

 

TDECU Stadium will host its first game at 8 p.m., Friday, Aug. 29, when Houston faces I-10 neighbor UTSA in a nationally televised showdown onESPNU. Season tickets for the seven-game home season at TDECU are currently on sale at UHCougars.com/FBtickets, with prices starting as low as $140.

 

ABOUT TDECU
Founded in 1955, TDECU is a not-for-profit financial cooperative with 190,000 members and greater than $2 billion in assets. TDECU currently has 40 service locations, including 34 branches, and offers a complete selection of convenient, innovative, and competitive products and services, including a full suite of deposit products as well as mortgage, auto and personal loan products, online and mobile banking. TDECU also offers, through its subsidiaries, retirement planning and wealth management, personal and business insurance products, and full title and realty services. Members can also access a nationwide network of over 55,000 surcharge-free ATMs. For more information visit TDECU.org or call 800.839.1154.