SHREWSBURY, Mass. – Shrewsbury High School's athletic department is on its way toward reaching a $70,000 funding goal, thanks to its first major sponsor.
Superintendent Joseph Sawyer announced last week that Shrewsbury-based Central One Federal Credit Union is contributing $20,000 to Shrewsbury athletics.
In exchange, the credit union will see its name more prominently displayed in prime locations during athletic events, in addition to being featured during game announcements, school athletic websites and game programs.
The athletic department was hit with $70,000 in cuts last year as part of a larger, $2.5 million school district deficit. The department lost another $15,000 to $20,000 in lost gate receipts because of the cancellation of night events over the fall. As a result, Sawyer and Athletic Director Jay Costa began exploring sponsorships as a way to raise funds.
Coupled with a recent anonymous $5,000 donation, Shrewsbury athletics is about a third of the way toward achieving its goal.
"Central One was the first to step forward and delivered in a huge way for us," Sawyer said.
Attempts to reach a Central One representative were unsuccessful. However, the credit union is no stranger to Shrewsbury High School. Central One already operates a branch out of the school.