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

Sustainable Finance & Socially Responsible Investment

KeyBank Community Development Lending and Investment Provides $400 million in Financing for the $101 Million Renovation of Affordable Seniors Housing in Rochester, N.Y.
KeyBank (CDLI) in partnership with the Urban Investment Group (UIG) within Goldman Sachs Asset Management, invested $135.6 million of 4% Federal LIHTC Equity and provided a $200 million construction loan for the planned renovation of Andrews Terrace, in Rochester, New York.

Philanthropy & Cause Initiatives

Investment and Impact: KeyBank Farmers Market Fills a Food Void in Buffalo
Following the racially motivated shooting that took place at a supermarket in Buffalo, NY on May 14, 2022, KeyBank Corporate Responsibility Officer Chiwuike “Chi-Chi” Owunwanne worked with community partners to bring a farmers’ market to the Delavan-Grider community.

Philanthropy & Cause Initiatives

Alaska Organizations Receive KeyBank Grants Totaling $90,000
KeyBank has awarded $90,000 in grants to 10 Alaska-based organizations including the Chugach Heritage Foundation, Native Village of Afognak, United Way of Anchorage and others listed below during the second and third quarter of 2023.

Responsible Business & Employee Engagement

KeyBank Teammates Collect Winter Items for Women and Children Served by YWCA of Rochester and Monroe County
KeyBank teammates in Rochester, NY recently collected and donated more than 100 hats, coats and gloves for YWCA of Rochester & Monroe County. This effort, which was employee driven, will help support the women and children the YWCA serves.

Philanthropy & Cause Initiatives

Utah Food Bank Receives $100,000 Grant From KeyBank To Support Culturally Responsive Food Initiative
KeyBank has awarded a $100,000 grant to Utah Food Bank to expand the organization’s Culturally Responsive Food Project. The project allows the organization to identify, track and distribute culturally familiar foods to communities in need throughout Salt Lake County communities.

Philanthropy & Cause Initiatives

KeyBank Supports Ten Dayton-Area Organizations with Grants Totaling $150,000
At Key, we’re committed to helping clients and communities thrive. To us, that means doing business fairly and responsibly, promoting diversity and inclusion and making meaningful investments in the places where we live and work.

Philanthropy & Cause Initiatives

KeyBank Donates $5,000 to 2023 Food 2 Families Campaign in Buffalo, NY
KeyBank donated $5,000 to the 2023 Food 2 Families campaign in Buffalo, NY. The annual campaign, which KeyBank has proudly supported, helps FeedMore WNY which offers dignity, hope and a brighter future by providing nutritious food, friendship and skills training.

Philanthropy & Cause Initiatives

Santiam Hospital and Clinics Foundation Receives $150,000 Grant from KeyBank
KeyBank has announced a grant of $150,000 to the Santiam Hospital And Clinics Foundation. The funds will help improve access to healthcare where patients live, work, and play through an expansion of the emergency department.

Sustainable Finance & Socially Responsible Investment

KeyBank Awards 21 Western Pennsylvania Organizations Through EITC Program Totaling More Than $500,000
KeyBank announced it has awarded 21 Western Pennsylvania organizations with funding through Pennsylvania’s Educational Improvement Tax Credit (EITC) program totaling more than $500,000.

Philanthropy & Cause Initiatives

Nine Columbus Area Organizations Receive KeyBank Grants Totaling More Than $100,000
Through lending, investing, grants and volunteerism, we participate in the growth, revitalization and sustainability of the communities we proudly serve. To make a lasting difference, Key teammates make it a priority to engage with community members and community leaders.
KeyBank Logo

More from KeyBank

  1. KeyBank Foundation: Helping Communities Thrive through Education, Workforce Development, and Service
    KeyBank Foundation helps build thriving communities by supporting organizations and programs that foster thriving students and a thriving workforce...

  2. 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...

  3. 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...

  4. Key Supports Affordable Housing
    KeyBank Community Development Lending and Investment helps fulfill Key’s purpose to help clients and communities thrive by financing projects that...

  5. KeyBank: Responsible Banking
    Everyone’s financial journey is different. We make intentional efforts to meet the individual needs of clients and communities through a diverse range...

  6. KeyCorp's Sustainability Initiatives
    Responsible banking means conducting the core business of banking with integrity, and it includes our products, services, pricing, and approach to...

  7. KeyBank 2022 Environmental, Social and Governance Report
    “As we move forward, we’ll continue our focus on creating shared value. From investing in communities to reducing our own carbon footprint to...

  8. KeyBank 2021 Environmental, Social and Governance Report
    “At Key, being a responsible corporate citizen is central to who we are and how we do business. We are committed to delivering for all stakeholders by...

  9. Focused Forward: KeyCorp 2013 CR Report
    KeyCorp's 2013 Corporate Responsibility Report was released on Monday, September 15, 2014. Content from the report will be issued and promoted...