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

Sustainable Finance & Socially Responsible Investment

KeyBank Provides $30 Million of Financing for the Cleveland Foundation Midtown Collaboration Center
KeyBank Institutional Advisors and KeyBank Community Development Lending and Investment (CDLI) provided $30 million of financing to the Cleveland Foundation (TCF) for the construction of the 95,000-square-foot Midtown Collaboration Center (Center) located in Cleveland’s MidTown.

Sustainable Finance & Socially Responsible Investment

KeyBank Provides $20 Million Line of Credit for the Advancement of Small Business With Lendistry
Lendistry Core SPV I, LLC a newly formed Special Purpose Entity (SPE) established by B.S.D. Capital, Inc. dba Lendistry (Lendistry) to purchase eligible loans originated and sold by Lendistry, has obtained $20 million line of credit (LOC) from KeyBank Community Development.

Awards, Ratings & Rankings

KeyBank Recognized As One Of The 50 Most Community-Minded Companies In the United States
Points of Light, the world’s largest nonprofit dedicated to accelerating people-powered change, named KeyBank a 2023 honoree of The Civic 50, recognizing the top community-minded companies in the United States according to an annual survey.

Sustainable Finance & Socially Responsible Investment

KeyBank Foundation Awards Lacasa $175,000 to Expand Financial Education in Elkhart County
The KeyBank Foundation has made a $175,000 investment to help Lacasa Inc. empower people to make positive financial decisions and provide access to inclusive, mainstream financial products and services.

Awards, Ratings & Rankings

KeyBank and KeyBank Foundation Receive Community Partner Award From YWCA of White Plains & Central Westchester
KeyBank and KeyBank Foundation were honored by the YWCA of White Plains & Central Westchester with its 2023 Community Partner Award at the In The Company of Women luncheon on Friday, May 12th.

Philanthropy & Cause Initiatives

KeyBank Teammates and Clients Donate to Bethany House in Rochester, NY
KeyBank’s Key4Women chapter in Rochester recently donated hygiene products to Bethany House. This organization that provides temporary housing, assistance and support to women and children in Rochester, NY afflicted with homelessness and instability from domestic violence.

Sustainable Finance & Socially Responsible Investment

KeyBank Teammates Speak About Community Investment and How Banks Can Help Make Homebuying and Home Ownership Easier
Two KeyBank teammates recently spoke about community investment and ways banks can help make homebuying and homeownership easier.

Responsible Business & Employee Engagement

KeyBank Names Seth Keirns Market President in Northern Indiana
KeyBank announced Seth Keirns has been named Market President in Northern Indiana. In this role, he will help grow KeyBank’s community and business presence in the region while continuing to serve as Commercial Banking Leader in Northern Indiana.

Responsible Business & Employee Engagement

KeyBank’s Presence in Western Michigan Grows with Opening of New Office and Community Support in Grand Rapids
KeyBank has officially opened its permanent office in Grand Rapids, Michigan. A commitment to transformative philanthropy and community support is central to KeyBank’s purpose in Western Michigan as well as in all its markets.

Sustainable Finance & Socially Responsible Investment

KeyBank Community Development Makes Strategic Investment in Arctaris to Expand Business Lending for Disadvantaged Communities Nationally
Arctaris Impact Fund, the flagship debt fund of Arctaris Impact Investors, LLC (“Arctaris”), has obtained a new $10 million warehouse line of credit (LOC) with KeyBank Community Development Lending and Investment (CDLI) through its Community Development Financial Institutions.
KeyBank Logo

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