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

KeyBank team shown with the Boys and Girls Club of Buffalo, NY.
Students at the TIP School.
KeyBank Neighbors Make The Difference.
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

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.

Philanthropy & Cause Initiatives

KeyBank Foundation Awards $30,000 Grant to The Immokalee Foundation
KeyBank Foundation has committed a charitable grant of $30,000 to support The Immokalee Foundation’s Career Pathways Program, an innovative educational approach that prepares students for well-paying, in-demand professional careers in Business Management & Entrepreneurship.

Philanthropy & Cause Initiatives

Connecticut Foodshare Receives $500,000 Grant From KeyBank Foundation
Connecticut Foodshare has received a charitable grant from KeyBank Foundation in the amount of $500,000 payable over three years. The funding will help Connecticut Foodshare elevate and progress the Mobile Pantry, its core direct service program.

Philanthropy & Cause Initiatives

Utah Food Bank Receives $100,000 Grant From KeyBank To Support Culturally Responsive Food Initiative
KeyBank has awarded a $100,000 grant to Utah Food Bank to create an infrastructure that allows the organization to identify, track and distribute culturally appropriate foods to Salt Lake City communities in need, and eventually, state-wide.

Philanthropy & Cause Initiatives

KeyBank Makes $150,000 Grant in Support of Create Common Good’s Job Skills Training Program
KeyBank has awarded a $150,000 grant to Create Common Good (CCG), a non-profit organization that prepares at-risk adults in Idaho to be successful in food service careers. The KeyBank grant will allow Create Common Good to expand its ServSafe Training career-prep program.

Philanthropy & Cause Initiatives

KeyBank Foundation Invests More Than $1.4 Million To Support Workforce Development and Homeownership Initiatives in the Capital Region
The KeyBank Foundation is investing a total of $1,425,000 in four non-profit organizations in the Capital Region to support workforce development, housing insecurities and homeownership initiatives.

Education

KeyBank Supports Student Economic Security at Housatonic Community College
The Housatonic Community College Foundation announced that it has received a $10,000 grant from KeyBank Foundation to respond to the economic security needs of students. For the fifth year in a row, KeyBank will support the college’s Family Economic Security Program (FESP).

Philanthropy & Cause Initiatives

$300,000 Investment From KeyBank To Fund Transformative Financial Wellness Program at New RecycleForce Facility
KeyBank is making a $300,000 investment to help RecycleForce continue its work of creating a stronger civil society by providing formerly incarcerated people opportunities to reintegrate into the community.
KeyBank Logo

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