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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Sustainable Finance & Socially Responsible Investment

Tacoma Urban League Receives $75,000 Grant from KeyBank
Tacoma Urban League [today] announces a $75,000 donation from KeyBank to bolster its Small Business Navigator Program, which is designed to support Black entrepreneurs expand their businesses.

Sustainable Finance & Socially Responsible Investment

KeyBank Foundation Donates $150,000 to Support Empower 100 Expansion of Move to PROSPER
KeyBank and Move to PROSPER (MTP) announce an impact grant from KeyBank Foundation of $150,000 to support MTP’s Empower 100 project, an initiative that improves outcomes for single mothers with low-wage jobs, and their children.

Philanthropy & Cause Initiatives

KeyBank Announces Support for Humanitarian Efforts for Ukraine
KeyBank today announced several steps it is taking to support humanitarian efforts currently underway for the people of Ukraine.

Philanthropy & Cause Initiatives

JumpStart and KeyBank Announce $1.1M Commitment to Advance Entrepreneurship and Inclusive Economic Growth in Toledo
KeyBank and JumpStart will continue to accelerate the growth of entrepreneurship in Northwest Ohio through a $1.1M grant administered by JumpStart and awarded by the KeyBank Foundation.

Philanthropy & Cause Initiatives

$300,000 Grant From KeyBank to Help Indiana Black Expo Strengthen and Increase the Capacity of Black Businesses to Grow
The KeyBank Foundation is making a $300,000 grant to the Indiana Black Expo’s (IBE) Black Business Training Institute.

Philanthropy & Cause Initiatives

KeyBank Partners With Hudson River Housing to Provide Employment Assistance and Training Services to Dutchess County Residents Experiencing Homelessness
KeyBank and Hudson River Housing, Inc. (HRH), the County's largest provider of supportive housing and other services aimed at addressing homelessness, announce a community partnership to support HRH’s Employment Assistance and Training Services (EATS) program.

Philanthropy & Cause Initiatives

Second Chances: KeyBank Teammates Come Together to Lift EDWINS Up
Since 2007, EDWINS Leadership & Restaurant Institute, a 501(c)(3) organization in Cleveland, has offered formerly incarcerated adults a foundation in the culinary and hospitality industries, and a support network necessary for long-term success.

Philanthropy & Cause Initiatives

KeyBank Foundation Awards Grant to Lake Champlain Opportunity Fund
The Lake Champlain Chamber and KeyBank are pleased to announce a grant of $150,000 from the KeyBank Foundation in support of the Bobby Miller Opportunity Fund and LaunchVT.

Social Impact & Volunteering

KeyBank Supports Super Refund Saturday With Volunteers and Sponsorships
Citing the importance of the Earned Income Tax Credit, more than three dozen volunteers from KeyBank recently came together to work alongside nonprofit organizations in Cleveland for Super Refund Saturday

Sustainable Finance & Socially Responsible Investment

KeyBank Foundation Invests $25,000 to Help Food Bank of Central New York Fight Hunger
The KeyBank Foundation is making a $25,000 grant to the Food Bank of Central New York. This investment is part of KeyBank’s $40 billion National Community Benefits Plan, which helps communities reach social, economic and racial equity
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