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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Content from this campaign

Philanthropy

KeyBank Teams With Buffalo Sabres Fans To Support the Rasmus Dahlin Foundation With a $31,031 Donation
As longtime business and community partners, KeyBank and the Buffalo Sabres have come together time and again to support the Buffalo community. Key is the official bank of the NHL team and the Sabres play their home games at KeyBank Center in downtown Buffalo.

Socially Responsible Investing

Fair Housing Month: Tips to Improve Your Credit Score for Homebuying
Banks use several factors to determine how to approve someone for a mortgage loan, including credit score and debt-to-income ratio. KeyBank’s 2025 Financial Mobility Survey found that many believe owning a home is not an attainable goal for themselves nor the average American.

Socially Responsible Investing

Fair Housing Month: First-Year Costs of Homeownership
If you’re like most homebuyers on a budget, you’re probably paying close attention to the asking price of homes on the market. You may even have a ballpark figure or mortgage payment in mind. But it’s important to be aware that the cost of buying a house is more complicated.

Socially Responsible Investing

Fair Housing Month: Homebuyers Say Education Can Boost Confidence
It’s one of the biggest purchases that many will ever make and it’s not a stretch to say that these days, buying a home is tough. In fact,  KeyBank’s 2025 Financial Mobility Survey found that many believe owning a home is not an attainable goal.

Socially Responsible Investing

Fair Housing Month: Finding Ways To Make Homeownership Less Costly
Down payments and closing costs. Both typically involve large numbers that can cause doubt to creep into the minds of homebuyers and add to the rising costs of purchasing a home.

Socially Responsible Investing

KeyBank’s Commitment to Building Relationships With Small and Middle Market Businesses Wins 12 National and Regional Best Bank Awards From Coalition Greenwich
KeyBank is being recognized for its support of small and middle market business clients with twelve 2025 Best Bank Awards in middle market banking and small business. These awards reflect Key’s sophisticated platform and depth of expertise for growth companies.

Socially Responsible Investing

$20 Million Investment From KeyBank Bolsters New Affordable Housing Initiative in Cleveland
Cleveland Mayor Justin M. Bibb, Cleveland City Council and the Cleveland office of Local Initiatives Support Corporation (LISC Cleveland) announced details of a major new initiative to address the affordable housing crisis facing Cleveland residents.

Philanthropy

Anchorage Community Land Trust (ACLT) Receives $300,000 Grant From KeyBank for a Shared Commercial Kitchen Incubator
Anchorage Community Land Trust (ACLT) has received a $300,000 grant from KeyBank to launch the programming and operations of a new shared commercial kitchen facility in the Mountain View neighborhood of Anchorage.

Awards & Rankings

Buffalo Named KeyBank’s “Market of the Year” for 2024
KeyBank’s Buffalo market has been named the bank’s 2024 Market of the Year. This award recognizes the service teammates provide to clients and acknowledges the Buffalo market as the top performer among the 27 markets in the company’s footprint.

Volunteering & Community

Free Identity Theft Prevention Workshop Aims To Financially Empower Rockland County Residents
The Community Outreach Center (COC), in collaboration with KeyBank, recently hosted a free identity theft workshop as a service to the community, aimed at empowering individuals with essential knowledge to protect against identity theft.

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