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

Volunteering & Community
How To Engage Your Employees in Giving Back to the Community
Recently, 140 KeyBank Maine teammates and I completed 18 community projects and 564 community service hours in a single afternoon. KeyBank’s annual Neighbors Make The Difference Day started in Key’s Alaska market in 1991 and was quickly embraced by the Maine market.
Sustainable Finance & Socially Responsible Investment
KeyBank Surpasses $2 Million Funded in Home Buyer Credits, Helping 442 Clients Achieve the Dream of Homeownership
KeyBank announced that it has funded more than $2 million in KeyBank Home Buyer CreditsSM1, helping 442 clients achieve their dream of homeownership in areas where the program is available.
Philanthropy
Jesse Tree Receives $300,000 Grant From KeyBank To Support Treasure Valley Citizens Facing Eviction
KeyBank awarded a $300,000 grant to Jesse Tree to support the organization in reducing eviction and boosting health and housing resources for low-income Treasure Valley families.
Research & Reports
Fraud Continues to Be a Watchpoint for Small Businesses in the Current Economic Environment
Fraud prevention is an ongoing concern for small business owners, who continue to be vigilant of evolving fraud tactics and implement preventative measures to stop potential future attacks.
Corporate Responsibility
KeyBank Serves as Strategic Partner for Small Businesses Through Economic Uncertainty
Many business owners may not realize that their bank can be a strategic partner, offering more than just a checking or savings account for their businesses. Small businesses’ banking partners are often deeply invested in their success and impact on their communities.
Sustainable Finance & Socially Responsible Investment
Economic Headwinds Abound, KeyBank’s Continued Investment in Local Communities Keeps Small Businesses Resilient
Inflation continues to be a pain point for business owners, and with the likelihood of interest rate cuts still held in the balance, this has only made the economic environment more uncertain for small business owners.
Events
Providence Park To Unveil KeyBank Community Plaza in New Multiyear Partnership
KeyBank has entered a new multiyear partnership with the Portland Timbers and Portland Thorns FC, it was announced today. The partnership includes naming rights to the northeast entrance of Providence Park, which will be unveiled as the ‘KeyBank Community Plaza’ on May 9.
Philanthropy
KeyBank Honored at Buffalo Philharmonic Orchestra's Annual Celebration of Music Education
KeyBank was recently recognized by the Buffalo Philharmonic Orchestra (BPO) with its 2024 Leadership in Music Education Award during the annual Celebration of Music Education. KeyBank and First Niagara Bank, which was acquired by KeyCorp in 2016.
Corporate Responsibility
KeyBank Supports Community Small Businesses, As Owners Face Concerns About Inflation and Fraud
Often the first to feel the effects of inflation and economic volatility, small business owners are optimistic about their businesses, even as economic challenges remain. KeyBank’s 2024 Small Business Survey found that 65% of small business owners feel confident.
Philanthropy
Goodwill of the Olympics and Rainier Region Receives $300,000 Grant From KeyBank for Clean Energy Initiative
Goodwill of the Olympics and Rainier Region has received a grant of $300,000 from KeyBank. The funds will help support clean energy/clean tech career preparation courses to equip young adult job seekers to pursue green economy-related careers in the rapidly growing sector.

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