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

Philanthropy & Cause Initiatives

KeyBank and Elmwood Park Zoo Announce New Partnership That Supports Zoo-On-Wheels
KeyBank and the Elmwood Park Zoo in Norristown, Pennsylvania recently announced that they have formed a new community partnership that provides funding for Zoo-On-Wheels, a mobile zoo program that makes more than 400 visits to schools and community groups throughout Pennsylvania.

Philanthropy & Cause Initiatives

KeyBank’s West Valley Branch Celebrates One-Year Anniversary with a $10,000 Grant to Comunidades Unidas
KeyBank commemorated the one-year anniversary of its West Valley City branch recently, with a celebration that included a variety of sweepstakes, networking, a visit from a Real Salt Lake player, family activities and a $10,000 grant to support the mission of Comunidades Unidas.

Sustainable Finance & Socially Responsible Investment

Cleveland Housing Investment Fund Launches With Initial $38 Million Commitment To Support Equitable, Affordable Housing
LISC Fund Management, LLC (LFM) and partners are pleased to announce the launch of the Cleveland Housing Investment Fund (CHIF), made possible by a transformative $18 million grant commitment from the City of Cleveland and a $20 million planned investment from KeyBank.

Sustainable Finance & Socially Responsible Investment

KeyBank Provides $2 Million Loan to C3 Fund for the Advancement of Women and BIPOC Real Estate Investors
KeyBank Community Development Financial Institutions (CDFI) Lending and Investment Group has provided a $2 million loan to C3’s Impact Fund.

Philanthropy & Cause Initiatives

Brothers Redevelopment Inc. Receives $300,000 Grant From KeyBank To Support Senior Citizen Housing Program
KeyBank has awarded a $300,000 grant to Brothers Redevelopment, Inc. (BRI), a Denver-based nonprofit organization providing housing improvement and related services to vulnerable Colorado residents.

Philanthropy & Cause Initiatives

KeyBank Donates $5,000 to the Boys & Girls Clubs of Buffalo to Support the 2 Pack a Backpack Drive
KeyBank proudly donated $5,000 to the Boys & Girls Clubs of Buffalo to support the annual 2 Pack a Backpack school supply drive on WGRZ-TV. This effort helps families in need across Western New York purchase essential supplies needed for their children to start the school year.

Sustainable Finance & Socially Responsible Investment

KeyBank Invests $450,000 in the Trade Institute of Pittsburgh To Connect Individuals to Employment in Trade Field
KeyBank announced an investment of $450,000 in the Trade Institute of Pittsburgh (TIP) to bolster its Advanced Masonry Pre-Apprenticeship Program (AMP). The program is designed to empower individuals facing barriers to employment and other marginalized populations.

Philanthropy & Cause Initiatives

KeyBank Donates $180,000 to Rainier Scholars – Tacoma
KeyBank has announced a grant of $180,000 to Rainier Scholars – Tacoma as the nonprofit seeks to rapidly grow its services to underrepresented students of color in the greater Tacoma area. The goal is to provide youth with the academic, social, and emotional support needed to exc

Philanthropy & Cause Initiatives

Nourish Pierce County Receives $150,000 Grant From KeyBank To Support Its New Lakewood Food Bank
Nourish Pierce County has received a grant of $150,000 from KeyBank to support the opening of its newest food bank location in Lakewood, which will alleviate food and nutrition insecurity for thousands of people with an innovative new model.

Philanthropy & Cause Initiatives

Northwest Housing Alternatives Receives $300,000 Grant From KeyBank To Support Its Climate Resiliency Program
Northwest Housing Alternatives(NHA) has received a $300,000 grant from KeyBank to provide education and outreach for climate-related disaster preparation and emergency supplies directed to the low-income households living in NHA properties.
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