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).

 

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Content from this campaign

Philanthropy & Cause Initiatives

Trailhead’s You Lead Idaho Program Receives $200,000 Grant From KeyBank
KeyBank has awarded a $200,000 grant to Trailhead, a non-profit organization offering mentoring and support services to Idaho student entrepreneurs. The grant will allow Trailhead to expand its You Lead Idaho program and empower more students through education.

Philanthropy & Cause Initiatives

KeyBank Helps Support Small Businesses in Upstate New York
Seven small business owners in Upstate New York, located in the Mohawk Valley region, got a boost from KeyBank and The Genesis Group. The seven owners were awarded grants varying from $2,000 to $750 as part of The Genesis Group Small Grants Program.

Sustainable Finance & Socially Responsible Investment

KeyBank Awards Three Toledo Area Organizations with Grants Totaling More than $50,000
Some of the most important work KeyBank does happens in the communities we serve. To make a lasting difference, Key teammates make it a priority to engage with community members and community leaders to understand their needs and ideas, develop plans and then take action.

Philanthropy & Cause Initiatives

KeyBank Donates $10,000 to the Salem Kroc Center To Promote “Been There” Program
KeyBank recently delivered a $10,000 grant to the Salem Kroc Center to fund the printing and materials of the “Been There” program, an interactive seven-week course designed to empower youth and young adults to change their thinking and behaviors to make positive changes.

Sustainable Finance & Socially Responsible Investment

KeyBank Provides $46.4 Million for Permanent Supportive Housing in Los Angeles CA.
KeyBank Community Development Lending and Investment (CDLI) provided $46.4 million for the construction of new permanent supportive housing in Los Angeles, CA, which has the nation’s largest homeless population.

Philanthropy & Cause Initiatives

More Than 1,400 KeyBank Teammates Volunteered Across Northeast Ohio on Annual Neighbors Make the Difference Day
On Tuesday, June 13th more than 1,400 KeyBank Northeast Ohio teammates spent the afternoon volunteering at more than 130 projects on the 32nd annual Neighbors Make the Difference Day.

Responsible Business & Employee Engagement

KeyBank Buffalo Teammate Shares What “Neighbors Make the Difference Day” Means to Her
Each year, thousands of KeyBank teammates come together on “Neighbors Make the Difference Day.” This day of volunteering and engagement with non-profit organizations across KeyBank’s footprint is the hallmark of Key’s commitment to its communities.

Responsible Business & Employee Engagement

KeyBank Supports Pittsburgh-Based Neighborhood Allies To Help Build Financial Stability
At KeyBank our mission is to empower our clients, communities and employees to thrive. That means we’re regularly supporting local organizations dedicated to bettering the lives of their neighbors. In the Greater Pittsburgh area, Key is proud to support Neighborhood Allies.

Awards, Ratings & Rankings

KeyBank Colorado Honored by Mile High United Way With 2023 Community Champion Award
KeyBank is proud to announce it recently was named a Community Champion by Mile High United Way, the highest corporate partner recognition by the Denver nonprofit.

Philanthropy & Cause Initiatives

Lan Su Chinese Gardens Receives $25,000 Grant from KeyBank
KeyBank has announced a $25,000 donation to Lan Su Chinese Gardens as recognition of the important work it does in the local community.
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