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

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
Group of employees

Content from this campaign

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

Social Impact & Volunteering

Partners Focused on Growth As KeyBank Delavan-Grider Farmers Market Moves Toward 4th Year
Since the movie “Field of Dreams” premiered in 1989, a simple but meaningful line has become part of the American lexicon: “If you build it, they will come.”

Philanthropy & Cause Initiatives

KeyBank Awards 16 Western Pennsylvania Organizations through EITC Program Totaling More than $525,000
Today KeyBank announced it has awarded 16 Western Pennsylvania organizations with funding through Pennsylvania’s Educational Improvement Tax Credit (EITC) program totaling more than $525,000.

Philanthropy & Cause Initiatives

NeighborWorks Salt Lake Receives $225,000 Grant From KeyBank To Support CareerWorks Program
KeyBank has awarded a $225,000 grant to NeighborWorks Salt Lake (NWSL), a Utah-based nonprofit organization that strengthens community neighborhoods through housing, resident leadership, youth, and economic development opportunities.

Philanthropy & Cause Initiatives

KeyBank Donates $5,000 to 2024 Food 2 Families Campaign in Buffalo, NY
KeyBank donated $5,000 to the 2024 Food 2 Families campaign in Buffalo, NY. The annual campaign, which KeyBank has proudly supported, helps FeedMore WNY provide nutritious food, friendship and skills training to its Western New York neighbors in need.

Philanthropy & Cause Initiatives

A Winning Partnership: KeyBank Teams Up with the Buffalo Sabres to Support the Rasmus Dahlin Foundation
KeyBank and the Buffalo Sabres have enjoyed a longtime business and community partnership. Key is the official bank of the NHL team and the Sabres play their home games at KeyBank Center in downtown Buffalo.
KeyBank Logo

More from KeyBank

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  2. KeyBank's Commitment to Diversity
    Promoting inclusive environments by employing systemic changes to improve the access of individuals of diverse backgrounds. Learn more about our...

  3. KeyBank Foundation: Helping Communities Thrive through Education, Workforce Development, and Service
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  4. KeyBank: Responsible Banking
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  5. Key Supports Affordable Housing
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  6. KeyCorp's Sustainability Initiatives
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  7. KeyBank 2022 Environmental, Social and Governance Report
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  8. KeyBank 2021 Environmental, Social and Governance Report
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  9. Focused Forward: KeyCorp 2013 CR Report
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