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

Socially Responsible Investing

KeyBank Invests $10,000 to Support Emergency Shelter and Rehousing Program in Grand Rapids, Michigan
KeyBank is investing $10,000 in Mel Trotter Ministries in Grand Rapids, Michigan to support Pathway Home. This transformative grant is part of KeyBank’s $40 billion National Community Benefits Plan.

Philanthropy

KeyBank Announces $300,000 Grant to Africatown Community Land Trust
Africatown Community Land Trust (ACLT) has announced a $300,000 donation from KeyBank to expand its small business development program that helps entrepreneurs incubate and grow their companies.

Philanthropy

KeyBank Foundation Supports Pittsburgh Promise with $500,000 Grant
The KeyBank Foundation announced it has invested $500,000 in The Pittsburgh Promise to support the organization’s vision of equipping urban youth with the tools they need to reach post-secondary success, as well as driving economic growth in the region.

Volunteering & Community

In Central Indiana, KeyBank Teammates Step Up To Help Their Community on Neighbors Make the Difference Day
On Tuesday June 7, 2022, KeyBank teammates in Central Indiana took time out of their workday to serve their community and volunteer during Neighbors Make the Difference Day.

Volunteering & Community

KeyBank Teammates Contribute During Annual Neighbors Make the Difference Day
Communities thrive when volunteers unite. That’s why thousands of KeyBank employees volunteer each year, taking responsibility to contribute to the well-being of their local communities

Socially Responsible Investing

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.

Socially Responsible Investing

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 & 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.

Volunteering & Community

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.

Socially Responsible Investing

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.

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KeyBank's Community Investment

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