KeyBank's Community Investment

In states where Key has a presence, there are approximately 1.7 million low- to moderate-income (LMI) households. Many LMI individuals don’t have bank accounts or access to credit, and Key recognizes this important segment of the population as the “underserved.” Unfortunately, many underserved individuals turn to payday lenders or check cashing stores as a source of banking and receive no help establishing a credit history, breaking the cycle of debt, or establishing savings.

Since launching KeyBank Plus in 2004, Key has been a leader in responsible innovation for the underserved. KeyBank Plus is a unique combination of solutions which goes beyond “traditional” banking, creates economic stability and wealth-building, and offers reasonably priced products with features that ensure responsible use. For its approach to the underserved, Key has been recognized as an industry leader by the Center for Financial Services Innovation (CFSI), the National Community Reinvestment Coalition (NCRC), the Federal Reserve, the U.S. House Finance Committee, and the Federal Deposit Insurance Corporation (FDIC).

 

Videos from this campaign

Brian Maddox, National Team Leader for KeyBank CDFI Lending and Investment speaks at the press conference announcing the Cleveland Housing Investment Fund.
KeyBank team shown with the Boys and Girls Club of Buffalo, NY.
Students at the TIP School.
KeyBank Neighbors Make The Difference.
Person shown harvesting tomatoes in a garden.
gift ceremony
Great Day Colorado and KeyBank team members shown on Fox 31.
KeyBank Neighbors Make The Difference.
KeyBank: Neighbors Make the difference. Illustration of a woman holding a paintbrush.
Group of employees

Content from this campaign

Sustainable Finance & Socially Responsible Investment

KeyBank’s Commitment to Building Relationships With Small and Middle Market Businesses Wins 12 National and Regional Best Bank Awards From Coalition Greenwich
KeyBank is being recognized for its support of small and middle market business clients with twelve 2025 Best Bank Awards in middle market banking and small business. These awards reflect Key’s sophisticated platform and depth of expertise for growth companies.

Sustainable Finance & Socially Responsible Investment

$20 Million Investment From KeyBank Bolsters New Affordable Housing Initiative in Cleveland
Cleveland Mayor Justin M. Bibb, Cleveland City Council and the Cleveland office of Local Initiatives Support Corporation (LISC Cleveland) announced details of a major new initiative to address the affordable housing crisis facing Cleveland residents.

Philanthropy & Cause Initiatives

Anchorage Community Land Trust (ACLT) Receives $300,000 Grant From KeyBank for a Shared Commercial Kitchen Incubator
Anchorage Community Land Trust (ACLT) has received a $300,000 grant from KeyBank to launch the programming and operations of a new shared commercial kitchen facility in the Mountain View neighborhood of Anchorage.

Awards, Ratings & Rankings

Buffalo Named KeyBank’s “Market of the Year” for 2024
KeyBank’s Buffalo market has been named the bank’s 2024 Market of the Year. This award recognizes the service teammates provide to clients and acknowledges the Buffalo market as the top performer among the 27 markets in the company’s footprint.

Social Impact & Volunteering

Free Identity Theft Prevention Workshop Aims To Financially Empower Rockland County Residents
The Community Outreach Center (COC), in collaboration with KeyBank, recently hosted a free identity theft workshop as a service to the community, aimed at empowering individuals with essential knowledge to protect against identity theft.

Philanthropy & Cause Initiatives

FareStart Receives $450,000 Grant From KeyBank Foundation
The KeyBank Foundation has announced a grant of $450,000 to FareStart as the nonprofit seeks to extend the breadth and depth of its job training programs, with a goal of increasing overall program impact by 60% over three years.

Sustainable Finance & Socially Responsible Investment

KeyBank Community Development Lending and Investment Provides $41 Million of Financing for New Affordable Housing in Pittsburgh
KeyBank CDLI provided a $27 million construction loan and arranged a $14.4 million Private Placement permanent loan to finance the adaptive reuse of the First & Market office building. First & Market building will introduce 93 affordable senior housing units in Pittsburgh.

Philanthropy & Cause Initiatives

KeyBank Cuts Ribbon on New Port Chester New York Branch With Grant to Nonprofit Project Morry
KeyBank celebrated the opening of its newest branch office located at 1 North Main Street, Port Chester, with a ribbon cutting ceremony attended by bank leaders, local business owners and community partners. 

Sustainable Finance & Socially Responsible Investment

KeyBank Provides $23 Million of Financing for New Affordable Housing in Trotwood, Ohio
KeyBank Community Development Lending and Investment (CDLI) provided a $9.8 million construction loan, a $3.7 million permanent loan and $9.4 million in low-income housing tax credit (LIHTC) financing for construction of Jalen Lofts

Sustainable Finance & Socially Responsible Investment

KeyBank Provides $36.4 Million of Financing for New Affordable Housing in Toledo, Ohio
KeyBank Community Development Lending and Investment (CDLI) provided a $15.5 million construction loan, a $3.18 million permanent loan and $17.7 million in low-income housing tax credit (LIHTC) to finance the new construction of The Grand and The Glen
KeyBank Logo

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