KeyBank Celebrates Opening of New, Full-Service, State-of-the-Art Branch in Schenectady with $45,000 in Donations to Local Non-Profits

New branch is designed to give clients a more personal and accessible banking experience
Oct 12, 2023 9:00 AM ET

KeyBank held a grand opening and ribbon cutting for its new, full-service, state-of-the-art branch in Schenectady, NY. The new Altamont Avenue branch is located at 1703 Altamont Avenue and several leaders from KeyBank and Schenectady attended the celebration.

As part of the grand opening, the KeyBank Foundation donated $20,000 to the Medical Care Program at Bethesda House of Schenectady. This grant will help Bethesda House continue to offer in-house medical and psychiatric care for guests and residents. The KeyBank Foundation also made a $25,000 donation to Girls Inc.to support the “Eureka!” program at the University of Albany. This grant will support this free and unique five-year program that provides girls with a gentle introduction to STEM, personal development, sports, mentorship, and career exploration.

“This new branch is yet another way KeyBank is investing in the Capital Region. We look forward to meeting and working more closely with our new neighbors, clients and community partners,” said Fran O’Rourke, KeyBank Capital Region Market President. “We are excited about the opportunity this new branch provides for us to deepen the strong relationships we have in the Capital Region.”

In addition to high-touch banking services, this new state-of-the-art branch offers full-service banking capabilities, digital video screens and a client hospitality area that can double as an area for financial seminars and group presentations with clients and the public, as well as a drive-up teller line, ATM and free parking. Longtime banker Kevin Eberz is branch manager at the new location.

“KeyBank’s new Altamont Avenue branch is uniquely designed to give our clients a more personal banking experience, with even better access to a full suite of products and services,” said Eberz. “We are excited to bring this more consultative approach to Schenectady and demonstrate our commitment to helping our clients move forward on their financial journey.”

In addition to helping individuals and families achieve their financial goals, the new Altamont Avenue branch is also serving clients seeking to develop and grow businesses in the area.

As part of the opening of this new branch, KeyBank consolidated its branches located at 3083 Carman Road in Rotterdam and 1708 Broadway in Schenectady into the new location on Altamont Avenue.

Since 2017, KeyBank has made more than $1.14 billion in investments in the Capital Region, supporting affordable housing and community development projects; small business and home lending to low-to-moderate income individuals and communities, and transformative philanthropy.

ABOUT KEYBANK

KeyBank's roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $195 billion at June 30, 2023. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,300 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank Member FDIC.

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