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

WATCH: KeyBank Surprises Indianapolis Restaurant Owner With $5,000 After His Restaurant Was Destroyed in a Fire
On November 8 an Indianapolis east side a restaurant was destroyed after it caught fire. The owner and head chef of 1313 Eatery, Ron Gilmore, is a well-known community advocate for the city of Indianapolis and a selected guest chef for the 2023 KeyBank Guest Chef Program

Philanthropy & Cause Initiatives

Salvation Army of Idaho Falls Receives $20,000 Grant From KeyBank at Kettle Kick-Off Event
The Salvation Army of Idaho Falls has received a grant of $20,000 from KeyBank in support of the 2023 Love Beyond Christmas- the Idaho Falls Kettle Kick-Off. The funds will help jumpstart the annual campaign which takes place during the holiday season.

Philanthropy & Cause Initiatives

KeyBank Awards Six Cincinnati Area Organizations with Grants
In Cincinnati, Key recently awarded six organizations with grant funds totaling $80,000. The grant funds will be used to support an array of programs from workforce development to creating safe, vital neighborhoods.

Philanthropy & Cause Initiatives

KeyBank Teams Up with the Buffalo Bisons to Donate $10,000 to Slow Roll Buffalo
This past baseball season, KeyBank teamed up with the Buffalo Bisons to make a $7.00 donation to Slow Roll Buffalo for each defensive assist the Bisons made on the field. As one of the world’s largest free community bike rides, Slow Roll Buffalo’s mission is to provide inclusive.

Philanthropy & Cause Initiatives

Four Boise Organizations Receive KeyBank Grants Totaling $50,000
KeyBank has awarded $50,000 in grants to four Boise-based organizations: Northwest Association for Blind Athletes, Women and Children’s Alliance (WCA), First Tee Idaho and Boise State University Foundation. The grants will help each organization continue their mission of support.

Philanthropy & Cause Initiatives

Lakeland Community College Sees Success in First Year of 'Begin the Conversation' Initiative Following KeyBank Grant
In its inaugural year, Lakeland Community College’s Begin the Conversation (BTC) program saw success among participants with 11 of the 12 students in the first cohort continuing in the program.

Diversity & Inclusion

$400,000 Investment by KeyBank to Help NeighborWorks Western Pennsylvania Expand Efforts to Increase Equity in Homeownership in the Region
KeyBank is investing $400,000 in NeighborWorks Western Pennsylvania to help increase financial stability and homeownership throughout the region with a focus on Black individuals and families who have historically had inequitable access to homeownership.

Philanthropy & Cause Initiatives

KeyBank Opens New Branch and Distributes Grant in West Valley City
KeyBank celebrated its new full-service branch in West Valley City, Utah, October 20-21, with a celebration that included a ribbon cutting ceremony, family-friendly activities with prize giveaways and a meet and greet with a surprise guest from Real Salt Lake.

Awards, Ratings & Rankings

KeyBank Ranks Among Top SBA Lenders in Country
KeyBank announced it ranked among the top 15 lenders in the country for unit volumes for the Small Business Administration (SBA) 2023 Fiscal Year for both the SBA 7(a) and SBA 504 lending programs. During SBA’s FY 2023, KeyBank extended 918 loans for a total of $229 million.

Responsible Business & Employee Engagement

KeyBank to Present Community Lending Days in Utah
KeyBank will present Community Lending Days across the State of Utah in October. Various KeyBank Community Development Loan Officers will offer advice and details on products and assistance programs available to homebuyers.
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