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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Sustainable Finance & Socially Responsible Investment

KeyBank Awards More Than $1,193,000 to Eastern Pennsylvania Organizations Through Tax Credit Programs
KeyBank announces it has awarded Philadelphia and Eastern PA educational organizations with funding in 2024 through Pennsylvania’s Educational Improvement Tax Credit (EITC) program totaling $527,222.

Sustainable Finance & Socially Responsible Investment

KeyBank Provides $47 Million of Financing for Affordable Multifamily Housing in California
KeyBank Community Development Lending and Investment (CDLI) provided a $32 million tax-exempt construction loan and a $15 million taxable construction loan to finance the new construction El Camino Commons, an affordable multifamily housing property in Oceanside, California.

Responsible Business & Employee Engagement

KeyBank Recognized as One of the 50 Most Community-Minded Employers in the Greater Philadelphia Region
KeyBank has been named a 2025 honoree of the Civic 50 Greater Philadelphia by the Chamber of Commerce for Greater Philadelphia (the Chamber), in partnership with globally recognized nonprofit Points of Light, lead partner the Philadelphia Foundation, and other local partners.

Sustainable Finance & Socially Responsible Investment

KeyBank Provides $33.7 Million of Financing for New Affordable Housing in Cleveland
KeyBank Community Development Lending and Investment (CDLI) provided a $12 million construction loan and invested $16.1 million in Low Income Housing Tax Credit (LIHTC) equity for the construction of Churchill Gateway II, 70-unit affordable housing family project located at 10526

Philanthropy & Cause Initiatives

KeyBank Opens New, Full-Service Branch in Denver’s Green Valley Ranch Neighborhood
KeyBank, a Fortune 500 company with regional headquarters in Denver, announced the opening of a new branch in Denver’s Green Valley Ranch neighborhood. Bank leaders and employees held a grand opening celebration June 6-7.

Philanthropy & Cause Initiatives

Enterprise Community Partners Receives $300,000 Grant From KeyBank To Support the Rocky Mountain Resilience Program
KeyBank has awarded a $300,000 grant to Enterprise Community Partners (Enterprise) to help disadvantaged households in Colorado and Utah remain safely, stably and affordably housed through low-income housing options that are healthy and sustainable.

Philanthropy & Cause Initiatives

West Valley City Community Celebrates New Futsal Fields, With Support From KeyBank, Rise Athletics Foundation and Real Salt Lake
The West Valley City community, including families, children and business partners, came together in West Valley City’s Centennial Park May 20 to celebrate the recent opening of two futsal fields and meet players from Real Salt Lake and the Utah Royals.

Philanthropy & Cause Initiatives

Key Private Bank to Host Free Discussion Panel for Local Non-Profits on Current Charitable Giving Landscape
Key Private Bank will be partnering with The Bonadio Group to share expert insights for local non-profit organizations navigating the current charitable giving landscape.

Philanthropy & Cause Initiatives

KeyBank Delavan-Grider Farmers Market to Return to East Buffalo on Thursday May 29th
KeyBank is partnering with Buffalo GoGreen and Providence Farm Collective for the fourth consecutive year to launch a weekly farmers market in the city’s Delavan-Grider neighborhood. The market helps address food insecurity by bringing fresh fruits and vegetables to neighborhoods

Sustainable Finance & Socially Responsible Investment

KeyBank’s SBA Loans Provide Capital To Fuel Small Business Growth
Starting a small business takes a vision and resources that not every entrepreneur has at their fingertips. As the foundation of our communities, small businesses often require a full suite of financial of solutions* to meet their needs.
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More from KeyBank

  1. 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...
  2. KeyBank: Responsible Banking
    Everyone’s financial journey is different. We make intentional efforts to meet the individual needs of clients and communities through a diverse range...
  3. KeyBank Foundation: Helping Communities Thrive through Education, Workforce Development, and Service
    KeyBank Foundation helps build thriving communities by supporting organizations and programs that foster thriving students and a thriving workforce...
  4. Key Supports Affordable Housing
    KeyBank Community Development Lending and Investment helps fulfill Key’s purpose to help clients and communities thrive by financing projects that...
  5. KeyBank's Commitment to Diversity
    Promoting inclusive environments by employing systemic changes to improve the access of individuals of diverse backgrounds. Learn more about our...
  6. KeyCorp's Sustainability Initiatives
    Responsible banking means conducting the core business of banking with integrity, and it includes our products, services, pricing, and approach to...
  7. KeyBank 2022 Environmental, Social and Governance Report
    “As we move forward, we’ll continue our focus on creating shared value. From investing in communities to reducing our own carbon footprint to...
  8. KeyBank 2021 Environmental, Social and Governance Report
    “At Key, being a responsible corporate citizen is central to who we are and how we do business. We are committed to delivering for all stakeholders by...
  9. Focused Forward: KeyCorp 2013 CR Report
    KeyCorp's 2013 Corporate Responsibility Report was released on Monday, September 15, 2014. Content from the report will be issued and promoted...