Wednesday, January 4, 2017

Community First CU Sponsors Jacksonville Theatre

The Florida Times-Union is reporting that Community First Credit Union (Jacksonville, FL) has agreed to become the Florida Theatre’s first season-long sponsor and partner for all its programs and events.

Financial terms of the agreement were not disclosed but both Numa Saisselin, president of the Florida Theatre, and John Hirabayashi, CEO and president of the credit union, said the commitment is substantial.

The $1.4 billion credit union’s name and logo will now be on every email or mailer the Florida Theatre sends out. It will be on the tickets and the programs for each show and on the theater’s marquee.

The agreement will run for next three years after which Community First will have the option to continue the arrangement.

However, is the sponsoring of a Theatre the purpose of the credit union tax exemption?

Read the story.

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