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 Client

Content from this campaign

Events
Where'd the Money Go? Mastering Cash Flow
Cash flow challenges can impact businesses of any size, even profitable ones. Join Key4Entrepreneurs on Thursday, October 22, from 12:00-1:00 p.m. ET, for a virtual discussion focused on helping small business owners better understand cash flow.
Corporate Responsibility
KeyBank Named Official Retail Bank of Colorado Avalanche
Kroenke Sports & Entertainment announced today a three-year partnership renewal with KeyBank which includes a new designation for KeyBank as the exclusive Official Retail Bank Partner of the Colorado Avalanche.
Philanthropy
Strengthening Communities Through Partnership: KeyBank and Mi Casa
KeyBank’s 3-year impact investment has helped Mi Casa launch La Receta, a training program for aspiring food truck, restaurant and catering entrepreneurs.
Volunteering & Community
KeyBank, Real Salt Lake, Utah Royals and RISE Athletics Celebrate Two-Year Anniversary of West Valley Futsal Courts
KeyBank, Real Salt Lake , Utah Royals FC and RISE recently celebrated the two-year anniversary of the West Valley Futsal Courts at Centennial Park in West Valley City, Utah, recognizing two years of expanded access to sports, recreation and community connection.
Philanthropy
KeyBank Foundation Makes $250,000 Investment in Veterans Outreach Center to Support Workforce Development Program
The KeyBank Foundation is investing $250,000 in Veterans Outreach Center to support local veterans transitioning from military service, navigating career change, or re-entering the workforce through its Workforce Development Program.
Philanthropy
KeyBank Opens New Black Diamond Branch, Donates $20,000 to Local Nonprofits
Education & Workforce Development
KeyBank Commits $105,000 to Summer Enrichment Camps Serving More Than 1,300 Cleveland Youth
KeyBank announced a commitment of $105,000 to support four summer enrichment programs serving children and families living in affordable housing communities throughout Cleveland.
Education & Workforce Development
$500,000 KeyBank Grant Expands Support for Baldwin Wallace University Students in Need
Baldwin Wallace University received a $500,000 grant from KeyBank to launch the Unlock Bright Futures Fund. The initiative seeks to remove financial and structural barriers that have historically hindered college completion among first-generation and low- to moderate-income (LMI)
Philanthropy
KeyBank and the Buffalo Sabres Foster the Spirit of Giving During Give 716 Celebration
KeyBank and the Buffalo Sabres brought together community spirit, philanthropy, and hometown pride on July 16 during a special Give 716 Celebration at KeyBank’s Northtown Branch in Amherst, NY.
Philanthropy
KeyBank Foundation Awards $300,000 to Cities for Financial Empowerment Fund to Expand Youth Banking Access and Financial Education Nationwide
The KeyBank Foundation announced a $300,000 grant to the national nonprofit Cities for Financial Empowerment Fund (CFE Fund) to support the expansion of the organization’s Youth Banking Connect (YBC) initiative, formerly known as Summer Jobs Connect.

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