Maryland announces deal with SECU, includes new stadium name

Maryland’s football stadium will have a new name next month.

The athletic department announced Friday a partnership with SECU, a state-chartered credit union, which includes renaming the venue SECU Stadium starting Oct. 1. It is currently called Capital One Field at Maryland Stadium.

SECU is set to pay Maryland Athletics $11 million guaranteed, including a $2.5 million gift supporting programs and facilities. That includes the construction of a basketball performance center. The partnership is for 10 years.

The school said Capital One and Maryland Athletics mutually agreed to end their current agreement.

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