Friday, November 27, 2015

TDECU Commissioned Mural for TDECU Stadium Suite

TDECU commissioned artist Suzanne Sellers to create a mural for its suite at TDECU Stadium at the University of Houston.

The piece entitled: Victory, Character and Strength captures the driving spirit behind the University of Houston’s storied football program.

TDECU did not disclose the cost for the artwork.

Is commissioning artwork for a suite at a football stadium part of a credit union's tax exempt mission?

I also wonder if the members of the credit union think this is a good use of their money.

Read the press release.


  1. Most credit union executives and boards appear to be using member's equity as their personal slush fund. I wish I could be optimistic that lawmakers would do the right thing and start taxing this lunacy but I'm afraid that won't happen until we reach the brink of financial collapse (should that ever occur). Keep up the great work by getting this information to the masses. Best regards.

    1. Please remember that, if taxpaying, this expense would be deductible from income reducing the net taxes paid by the credit union. Banks get these kind of deductions all the time. How BofA pays for the Panthers field in Charlotte and Wells for the Flyers stadium in Philly and the Arizona State basketball arena (among others).



The content is provided for educational purposes only, with the understanding that neither the authors, contributors, nor the publishers of this site are engaged in rendering legal, accounting or other expert or professional services. If legal or other expert assistance is required, the services of a competent professional should be sought.

Comments appearing in response to articles appearing on this site do not necessarily reflect the views of the ABA. ABA makes no representations regarding the truth or accuracy of commentary or opinions that may be posted in response to the articles that appear on this website.

The inclusion herein of any link to a website, either in the text of an article or in a comment, does not denote any approval, sponsorship, or endorsement by the ABA, and ABA is not responsible for the content or opinions expressed on those linked websites or related commentary. This content is not licensed to third parties sites and is not affiliated with any third party site. Any reference to the author or this content on any third party site on the Internet is not authorized by the ABA.

It is the policy of the American Bankers Association to comply fully with all antitrust laws. Certain discussions should be considered off-limits, including those that contain competitively sensitive data such as price and cost information, or statements that could be construed as reflecting an attempt or desire to control or influence a particular market or markets. Future pricing or other prospective competitive information should never be shared.