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

Philanthropy

KeyBank Donates $5,000 to the Boys & Girls Clubs of Buffalo to Support the 2 Pack a Backpack Drive
KeyBank proudly donated $5,000 to the Boys & Girls Clubs of Buffalo to support the annual 2 Pack a Backpack school supply drive on WGRZ-TV. This effort helps families in need across Western New York purchase essential supplies needed for their children to start the school year.

Socially Responsible Investing

KeyBank Invests $450,000 in the Trade Institute of Pittsburgh To Connect Individuals to Employment in Trade Field
KeyBank announced an investment of $450,000 in the Trade Institute of Pittsburgh (TIP) to bolster its Advanced Masonry Pre-Apprenticeship Program (AMP). The program is designed to empower individuals facing barriers to employment and other marginalized populations.

Philanthropy

KeyBank Donates $180,000 to Rainier Scholars – Tacoma
KeyBank has announced a grant of $180,000 to Rainier Scholars – Tacoma as the nonprofit seeks to rapidly grow its services to underrepresented students of color in the greater Tacoma area. The goal is to provide youth with the academic, social, and emotional support needed to exc

Philanthropy

Nourish Pierce County Receives $150,000 Grant From KeyBank To Support Its New Lakewood Food Bank
Nourish Pierce County has received a grant of $150,000 from KeyBank to support the opening of its newest food bank location in Lakewood, which will alleviate food and nutrition insecurity for thousands of people with an innovative new model.

Philanthropy

Northwest Housing Alternatives Receives $300,000 Grant From KeyBank To Support Its Climate Resiliency Program
Northwest Housing Alternatives(NHA) has received a $300,000 grant from KeyBank to provide education and outreach for climate-related disaster preparation and emergency supplies directed to the low-income households living in NHA properties.

Volunteering & Community

KeyBank’s Buffalo Teammates Build Beds for Children on 2024 Neighbors Make the Difference Day
It’s not just a catch phrase, it’s the mission at Sleep in Heavenly Peace in Buffalo where dozens of KeyBank teammates came together to help build beds on 2024 Neighbors Make the Difference Day, held on June 6th.

Volunteering & Community

How To Engage Your Employees in Giving Back to the Community
Recently, 140 KeyBank Maine teammates and I completed 18 community projects and 564 community service hours in a single afternoon. KeyBank’s annual Neighbors Make The Difference Day started in Key’s Alaska market in 1991 and was quickly embraced by the Maine market.

Socially Responsible Investing

KeyBank Surpasses $2 Million Funded in Home Buyer Credits, Helping 442 Clients Achieve the Dream of Homeownership
KeyBank announced that it has funded more than $2 million in KeyBank Home Buyer CreditsSM1, helping 442 clients achieve their dream of homeownership in areas where the program is available.

Philanthropy

Jesse Tree Receives $300,000 Grant From KeyBank To Support Treasure Valley Citizens Facing Eviction
KeyBank awarded a $300,000 grant to Jesse Tree to support the organization in reducing eviction and boosting health and housing resources for low-income Treasure Valley families.

Research & Reports

Fraud Continues to Be a Watchpoint for Small Businesses in the Current Economic Environment
Fraud prevention is an ongoing concern for small business owners, who continue to be vigilant of evolving fraud tactics and implement preventative measures to stop potential future attacks.

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