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

Sustainable Finance & Socially Responsible Investment

YWCA Receives Support From Keybank Foundation To Provide Digital Literacy and Internet Access to Low-Income Women
The YWCA White Plains & Central Westchester and KeyBank announce a community partnership to provide life-changing digital skills training and resources to low-income women currently residing the YWCA’s Women’s Residence in White Plains, as well as to women residing throughout Westchester County.

Sustainable Finance & Socially Responsible Investment

KeyBank Invests in Collaborative Economic Development Strategy for Economically Distressed Areas of Buffalo, Niagara Falls and Rochester
KeyBank and the First Niagara Foundation are supporting New York State’s new Regional Revitalization Partnership (RRP) for the cities Of Buffalo, Niagara Falls and Rochester.

Awards, Ratings & Rankings

KeyBank Recognized as One of the 50 Most Community-Minded Companies in the United States for Ninth Consecutive Year
Points of Light, the world’s largest nonprofit dedicated to accelerating people-powered change, named KeyBank as a 2022 honoree of The Civic 50.

Social Impact & Volunteering

KeyBank Employees Ready to Volunteer on 2022 Neighbors Make the Difference Day
On Tuesday June 7, 2022, thousands of KeyBank teammates across the country will leave their bank offices to volunteer for various local community organizations, projects and causes on Neighbors Make the Difference Day.

Sustainable Finance & Socially Responsible Investment

KeyBank Donates $450,000 to Two Canton Non-Profit Organizations for the Revitalization of Shorb Neighborhood
On Wednesday, the KeyBank Foundation announced it is investing $450,000 in two Canton-based non-profit organization to help revitalize the Greater Shorb Neighborhood. This transformative grant is part of KeyBank’s $40 billion National Community Benefits Plan and is symbolic of the bank’s longstanding commitment to diversity, equity and inclusion.

Philanthropy & Cause Initiatives

KeyBank Foundation Invests $300,000 in Bitwise Industries Toledo to Promote Social and Fiscal Mobility Through Technical Training
The KeyBank Foundation announced it is investing $300,000 in Bitwise Industries Toledo to help its mission of creating 21st century economic opportunities for the overlooked and underprivileged in America’s most underestimated cities.

Diversity & Inclusion

KeyBank and the First Niagara Foundation Invests $1.5 Million in Diversity, Equity and Inclusion Program at Oishei Children's Hospital in Buffalo
KeyBank and the First Niagara Foundation, is donating $1.5 million to help further develop an innovative diversity, equity and inclusion program in maternity services at John R. Oishei Children’s Hospital.

Philanthropy & Cause Initiatives

KeyBank Awards a $200,000 Grant to Matrix Human Services in Detroit for an Online High School Diploma Program
KeyBank is awarding Matrix Human Services, a Detroit-Based social services organization, $200,000 to expand their well-regarded Online High School Diploma Program.

Sustainable Finance & Socially Responsible Investment

Indiana Black Expo Expands Black Business Training Institute to Meet Growing Demand Following KeyBank Grant
The Indiana Black Expo (IBE) has dedicated more than 50 years to helping business owners build management training, procurement opportunities and networking to enhance capacity and growth.

Philanthropy & Cause Initiatives

KeyBank Foundation Grants Kent State University $200,000 to Help Continue Education Initiative for Underserved Students
The KeyBank Foundation has announced it has granted Kent State University $200,000 to continue its Key Connections program offered by the university to support student success initiatives for underserved students, including first-generation students and students from limited income backgrounds.
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