- Associated Press - Friday, April 19, 2019

LOUISVILLE, Ky. (AP) - L&N; Federal Credit Union has donated $2 million toward Louisville’s athletic department, which has renamed Cardinal Arena for the nonprofit financial institution.

The school says in a news release that the gift announced on Thursday will go toward its Next Step Fund to improve the student-athlete experience and capital projects. Athletics director Vince Tyra thanked L&N; for its financial support and added that the company’s mission and values closely align with the school in “creating a terrific student-athlete experience at UofL.”

The 1,100-seat L&N; Federal Credit Union Arena, connected to the university’s Swain Student Activities Center, houses the Cardinals’ volleyball competition and training facilities and offices.

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