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 this campaign

Person shown harvesting tomatoes in a garden.
gift ceremony
Great Day Colorado and KeyBank team members shown on Fox 31.
KeyBank Neighbors Make The Difference.
KeyBank: Neighbors Make the difference. Illustration of a woman holding a paintbrush.
Group of employees
Group of employees

Content from this campaign

Philanthropy & Cause Initiatives

KeyBank Partners With Portland Thorns To Donate $200,000 to Local Nonprofits Supporting Girls and Women in Sports
KeyBank has partnered with the Portland Thorns and Team Captain Meghan Klingenberg during the 2023 National Women’s Soccer League (NWSL) regular season to create “Assist Off the Pitch.”

Philanthropy & Cause Initiatives

Great Day Colorado Highlights KeyBank Helping Food Bank of the Rockies
KeyBank joined Great Day Colorado for a segment on the partnership with Key and the Food Bank of the Rockies. In 2022, Key made an impactful $450,000 grant to the food bank in support of their Culturally Responsive Food Initiative program.

Sustainable Finance & Socially Responsible Investment

KeyBank Partnership With Operation HOPE Marks Beginning of New Era in Homebuyer & Financial Education in Buffalo
KeyBank and Operation HOPE, Inc., a national non-profit dedicated to financial empowerment for underserved communities, celebrated the beginning of a new era in homebuyer and financial education in Buffalo.

Philanthropy & Cause Initiatives

Project Lemonade Receives $35,000 Grant from KeyBank
KeyBank has awarded a $35,000 grant to Project Lemonade’s L+EARN internship program, which provides foster youth with career and financial coaching, ongoing mentorship and connections to future job opportunities.  

Philanthropy & Cause Initiatives

KeyBank Makes $100,000 Grant in Support of Life’s Kitchen Job Skills Training Program
KeyBank has awarded a $100,000 grant to Life’s Kitchen, a non-profit organization that prepares at-risk youth in Idaho to be successful in food service and other careers.

Sustainable Finance & Socially Responsible Investment

KeyBank Invests $800,000 in Legal Aid Society of Cleveland
KeyBank announced an investment of $800,000 in The Legal Aid Society of Cleveland to increase meaningful access to courts and government agencies and access to justice for people with low-income.

Philanthropy & Cause Initiatives

KeyBank Celebrates New, Full-Service, State-of-the-Art Branch in Ithaca with $10,000 Donation to Local Non-Profit
On Friday August 18, 2023, KeyBank held a grand opening and ribbon cutting for its new, full-service, state-of-the-art branch in Downtown Ithaca. The new branch is located at 604 South Meadow Street and several leaders from KeyBank and the Ithaca community attended.

Philanthropy & Cause Initiatives

Trailhead’s You Lead Idaho Program Receives $200,000 Grant From KeyBank
KeyBank has awarded a $200,000 grant to Trailhead, a non-profit organization offering mentoring and support services to Idaho student entrepreneurs. The grant will allow Trailhead to expand its You Lead Idaho program and empower more students through education.

Philanthropy & Cause Initiatives

KeyBank Helps Support Small Businesses in Upstate New York
Seven small business owners in Upstate New York, located in the Mohawk Valley region, got a boost from KeyBank and The Genesis Group. The seven owners were awarded grants varying from $2,000 to $750 as part of The Genesis Group Small Grants Program.

Sustainable Finance & Socially Responsible Investment

KeyBank Awards Three Toledo Area Organizations with Grants Totaling More than $50,000
Some of the most important work KeyBank does happens in the communities we serve. To make a lasting difference, Key teammates make it a priority to engage with community members and community leaders to understand their needs and ideas, develop plans and then take action.
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