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

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 & 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.
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
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.
Inclusion & Opportunity
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
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
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.
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.

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