Steele Stadium is the home of Independence Bank Field and has served as the home of Kentucky Wesleyan College football since 2004. The facility, which can carry a capacity of 3,000 fans, has a field house which holds the locker rooms, coaches' offices, concession stand, and restrooms. The surface is a synthetic field turf, which makes it more desirable to play on during any kind of weather.

On the visitor side above the stands houses the press box for event staff, film crew, media, and coaching staff. On the home side is grandstand seating with eight sky boxes available for alumni, sponsors, etc. In addition to those are the President's Suite, Athletic Director's box, and one for Campus Ministry.

The Panthers men's and women's soccer teams occasionally call Steele Stadium home when weather does not allow them to play at Panther Field. The Owensboro Catholic football and soccer teams also compete at the facility.