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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Philanthropy & Cause Initiatives

KeyBank Awards a $200,000 Grant to Matrix Human Services in Detroit for an Online High School Diploma Program
KeyBank is awarding Matrix Human Services, a Detroit-Based social services organization, $200,000 to expand their well-regarded Online High School Diploma Program.

Sustainable Finance & Socially Responsible Investment

Indiana Black Expo Expands Black Business Training Institute to Meet Growing Demand Following KeyBank Grant
The Indiana Black Expo (IBE) has dedicated more than 50 years to helping business owners build management training, procurement opportunities and networking to enhance capacity and growth.

Philanthropy & Cause Initiatives

KeyBank Foundation Grants Kent State University $200,000 to Help Continue Education Initiative for Underserved Students
The KeyBank Foundation has announced it has granted Kent State University $200,000 to continue its Key Connections program offered by the university to support student success initiatives for underserved students, including first-generation students and students from limited income backgrounds.

Sustainable Finance & Socially Responsible Investment

Tacoma Urban League Receives $75,000 Grant from KeyBank
Tacoma Urban League [today] announces a $75,000 donation from KeyBank to bolster its Small Business Navigator Program, which is designed to support Black entrepreneurs expand their businesses.

Sustainable Finance & Socially Responsible Investment

KeyBank Foundation Donates $150,000 to Support Empower 100 Expansion of Move to PROSPER
KeyBank and Move to PROSPER (MTP) announce an impact grant from KeyBank Foundation of $150,000 to support MTP’s Empower 100 project, an initiative that improves outcomes for single mothers with low-wage jobs, and their children.

Philanthropy & Cause Initiatives

KeyBank Announces Support for Humanitarian Efforts for Ukraine
KeyBank today announced several steps it is taking to support humanitarian efforts currently underway for the people of Ukraine.

Philanthropy & Cause Initiatives

JumpStart and KeyBank Announce $1.1M Commitment to Advance Entrepreneurship and Inclusive Economic Growth in Toledo
KeyBank and JumpStart will continue to accelerate the growth of entrepreneurship in Northwest Ohio through a $1.1M grant administered by JumpStart and awarded by the KeyBank Foundation.

Philanthropy & Cause Initiatives

$300,000 Grant From KeyBank to Help Indiana Black Expo Strengthen and Increase the Capacity of Black Businesses to Grow
The KeyBank Foundation is making a $300,000 grant to the Indiana Black Expo’s (IBE) Black Business Training Institute.

Philanthropy & Cause Initiatives

KeyBank Partners With Hudson River Housing to Provide Employment Assistance and Training Services to Dutchess County Residents Experiencing Homelessness
KeyBank and Hudson River Housing, Inc. (HRH), the County's largest provider of supportive housing and other services aimed at addressing homelessness, announce a community partnership to support HRH’s Employment Assistance and Training Services (EATS) program.

Philanthropy & Cause Initiatives

Second Chances: KeyBank Teammates Come Together to Lift EDWINS Up
Since 2007, EDWINS Leadership & Restaurant Institute, a 501(c)(3) organization in Cleveland, has offered formerly incarcerated adults a foundation in the culinary and hospitality industries, and a support network necessary for long-term success.
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