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Associated Press, Published May 22 2013

USD getting big donation for athletic facilities

VERMILLION, S.D. — CorTrust Bank is giving the University of South Dakota $1.5 million for an athletic facility expansion plan that includes a 6,000-seat arena.

The project is in the final stages of being designed. It will include an outdoor track, a soccer complex and football practice fields, and will be the new home for the Coyotes basketball and volleyball teams.

The donation puts fundraising for the new facilities above the $50 million mark. Construction is to start in the fall and take about two years to complete.

CorTrust Bank CEO Jack Hopkins is a 1984 USD graduate. CorTrust also has had a marketing relationship with Coyote athletics since 1984.

The bank will receive naming rights to the club area of the new arena.

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