The Murray State University Board of Regents unanimously voted to accept a $3.3 million gift to MSU athletics from Community Financial Services Bank, which will rename the Regional Special Events Center as the CFSB Center.
Regent Susan Guess announced in the board meeting Friday afternoon that the Institutional Advancement Committee had voted earlier in the morning to accept the gift, which is the largest in MSU athletics history, according to a press release. Board Chairman Dr. Constantine “Deno” Curris said the members were very proud and pleased to accept the gift and CFSB Marketing Director Jeremy Rose said the bank looked forward to the partnership.
“It's an exciting day and it's an honor to reinvest in the community,” Rose said after the board adjourned.
MSU Athletic Director Allen Ward said it was a big day for MSU athletics after coming off a great year, winning six Ohio Valley Conference championships in 2009-2010. He said the gift was unprecedented and he thanked the university's attorney, John Rall, for putting so much time into working out the details of the deal.
“The entire team of CFSB employee-owners and directors are excited to partner with Murray State University in promoting this awesome facility, the CFSB Center,” said Betsy Flynn, president and CEO of CFSB, in an MSU press release. “MSU is such an important economic and cultural factor in our region, we are proud to be a part of the vibrant Murray and Purchase region community.
“I want to thank Betsy Flynn, Jeremy Rose, the CFSB executive board and the many people who were involved in seeing this gift come to fruition,” said MSU President Dr. Randy Dunn. “The gift will help the athletics department greatly as it builds upon the most successful season ever in Racer basketball.”
For complete story see Saturday's Ledger & Times