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

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

Utah Community Action Program Expanding Workforce Development Initiatives Thanks to $300,000 Grant from KeyBank
Utah Community Action (UCA) has received a grant from KeyBank for $300,000 in support of the expansion of its workforce development program, which offers training and credentials to help low-income individuals increase wages, benefits, job retention and career opportunities.

Sustainable Finance & Socially Responsible Investment

Senior Housing Project Financed by KeyBank CDLI Receives Redevelopment of the Year Award in Cleveland
The Longfellow Senior Housing, an historic redevelopment in Cleveland’s Collinwood community financed by KeyBank, has been awarded CoStar’s 2023 Impact Award for Redevelopment of the Year in Cleveland. KeyBank (CDLI) provided a $16.9 million investment.

Philanthropy & Cause Initiatives

Rural Community Assistance Corporation (RCAC) Receives $150,000 Grant From KeyBank in Support of Environmental Programs
KeyBank announced a $150,000 grant to Rural Community Assistance Corporation to support its environmental programs. Specifically, it will enable RCAC to improve low-income, rural communities’ access to safe, affordable drinking water and to mitigate the effects of climate change.

Philanthropy & Cause Initiatives

Rural Alaska Community Action Program Receives $150,000 Grant From KeyBank
Rural Alaska Community Action Program, Inc., (RurAL CAP) received a $150,000 grant from KeyBank to support its new Teacher Apprenticeship program, an effort to train and support new educators in attaining required certifications.

Philanthropy & Cause Initiatives

KeyBank Opens New, Full-Service Branch on Redmond Ridge
To commemorate the new Redmond Ridge neighborhood branch opening, KeyBank also invested in two local nonprofit groups. HopeLink and Together Center each received a $10,000 donation from Key to further their missions to help the local community.

Philanthropy & Cause Initiatives

Get Schooled Receives $300,000 Donation From KeyBank To Improve College and Career Access for Underserved Youth
Get Schooled has received a $300,000 grant from KeyBank to further its outreach to first-gen-to-college youth in the Pacific Northwest. Get Schooled provides personalized support along three journeys including helping prepare them to continue their education after high school.

Sustainable Finance & Socially Responsible Investment

KeyBank Invests $150,000 in Homeport To Connect Central Ohioans to Homebuyer Education, Resources
KeyBank and the KeyBank Foundation announced an investment of $150,000 in Columbus-based Homeport, aimed at bolstering its Housing Advisory Services (HAS) program.

Sustainable Finance & Socially Responsible Investment

REACH Community Development Inc. Receives $120,000 Grant from KeyBank
REACH Community Development Inc. has received a $120,000 grant from KeyBank to support its “Career Mapping” workshops, which uplifts individuals who are unemployed or under-employed by equipping them with the tools and opportunities to gain employment that secures a living wage,

Philanthropy & Cause Initiatives

$300,000 Investment from KeyBank to Help Support and Grow Culinary Apprenticeship Program at Foodlink
A $300,000 investment from KeyBank will help support growth and expansion of a culinary apprenticeship program at Foodlink. This grant is part of KeyBank’s commitment to invest $40 billion in the communities it serves.

Philanthropy & Cause Initiatives

Vine Maple Place Receives $200,000 Grant From KeyBank
Vine Maple Place has received a $200,000 grant from KeyBank to support its Stable Families Program, which helps single-parent families who are homeless or days away from becoming unhoused. The funding will also be used to add capacity, extending the reach by nearly 50%.
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More from KeyBank

  1. 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...

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  5. KeyBank's Commitment to Diversity
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  6. KeyBank 2022 Environmental, Social and Governance Report
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