keybank

Unlock Your Financial Freedom with KeyBank: Your Key To A Better Future

KeyBank is a prominent American bank offering a wide range of financial services, from personal and business banking to wealth management and investment solutions. With its robust digital banking platform, customers can easily access their accounts, make transactions, apply for loans, and manage their investments. KeyBank stands out for its commitment to community development and diversity, making banking accessible and convenient for everyone.

Type Public
Industry Banking, Financial services
Founded 1825
Headquarters Key Tower, Cleveland, Ohio, U.S.
Area served United States
Key people Chris Gorman (Chairman, President, and CEO)
Products Retail banking, corporate banking, investment banking, mortgage banking, private banking, asset management, financial planning
Revenue $6.4 billion (2020)
Net income $1.4 billion (2020)
Total assets $170.3 billion (2020)
Number of employees 17,045 (2020)
Website www.key.com
Services Consumer Banking, Business Banking, Investment Management, Wealth Management, Mortgage Services
Subsidiaries KeyBanc Capital Markets, KeyBank National Association, KeyBank Real Estate Capital, KeyCorp Capital Inc.
KeyBank To Acquire Online Lending Business Laurel RoadFinancial Wellness Review launched by Cleveland-based KeyBankKeyBank Expands Embedded Financing OfferingKeyBank on Why the Future Is Already Here With Embedded BankingKeyBank Logo | evolution history and meaningKeyBank will leave KeyBank Tower in downtown DaytonNonprofit cuts ties with KeyBank, claiming it broke promises to improve its  lending practices - cleveland.comKeyBank plans new branch in Southwest Ithaca - The Ithaca VoiceKeyBank customer info taken by hackers of third-party provider | Fox  BusinessKeyBank rolls out program aimed at defraying homebuying costs | American  Banker

    Introduction to KeyBank

    KeyBank is a well-established banking institution that offers a variety of financial products and services to customers. This includes checking and savings accounts, credit cards, mortgages, investments, and more. With its extensive branch network and online banking options, it provides convenience and accessibility to its customers. Read more

    Comprehensive Financial Services

    KeyBank offers comprehensive financial services that cater to all your banking needs. Whether you are looking for personal banking, business banking, or wealth management, KeyBank has you covered. Read more

    Technologically Advanced Online Banking

    KeyBank has embraced digital banking technology to provide its customers with a seamless online banking experience. You can pay bills, transfer money, check your account balance, and even deposit checks using their mobile app, all from the comfort of your home. Read more

    Competitive Interest Rates

    KeyBank offers competitive interest rates on its deposit accounts and loans. This means you can earn more on your savings and pay less on your loans compared to other banks. Read more keybank

    Robust Security Measures

    KeyBank takes security seriously. They employ advanced encryption technology to protect your transactions and personal information. In addition, they offer fraud protection services to keep your accounts safe from unauthorized transactions. Read more

    Exceptional Customer Service

    KeyBank prides itself on providing excellent customer service. Their customer service representatives are knowledgeable, friendly, and ready to assist you with any queries or concerns you may have about your accounts or the bank's services. Read more

    Convenient Banking Options

    With KeyBank, you have the option to bank at one of their many branches, online, or on your phone. This flexibility allows you to manage your finances at your convenience. Read more

    Community Involvement

    KeyBank is committed to giving back to the community. Through their KeyBank Foundation, they support various community programs and initiatives, demonstrating their dedication to corporate social responsibility. Read more keybank

    Financial Education Resources

    KeyBank also provides financial education resources to help customers make informed financial decisions. These resources include articles, videos, and tools on various financial topics. Read more

    Conclusion

    Choosing KeyBank: With its comprehensive financial services, technologically advanced online banking, competitive interest rates, robust security measures, exceptional customer service, and dedication to the community, KeyBank is a strong option for anyone seeking a reliable and customer-focused banking experience. Read more

    Facts

    1. The Early Beginnings:

    Did you know that Keybank's roots trace back to 1825? This was when the commercial Bank of Albany was founded. It's one of the oldest financial institutions in the U.S that has been in continuous operation since its inception.


    2. The Name Behind Keybank:

    Interestingly, the name Keybank didn't come into existence until much later. It was in 1979 when Society Corporation of Cleveland (now KeyCorp) acquired the Albany-based bank and renamed it Keybank.


    3. The Pioneer in Online Banking:

    Keybank was one of the first banks to offer online banking services. In fact, it launched its online platform in 1995, a time when the internet was just beginning to gain popularity.


    4. Extensive Reach:

    Did you know Keybank operates in 39 states across the U.S? It boasts of over 1,100 branches and 1,400 ATMs, making it one of the largest bank-based financial services companies in the U.S.


    5. Top-rated for Customer Satisfaction:

    Keybank has been recognized for its excellent customer service. In 2019, it was ranked Highest in Customer Satisfaction with Retail Banking in the North Central Region by J.D. Power.


    6. Involvement in Community Service:

    Keybank is not just about banking; it also prides itself on its commitment to community service. It launched the Neighbors Make The Difference Day program in 1991, where employees volunteer to help local non-profit organizations.


    7. Sustainability Efforts:

    A commitment to sustainability is integral to Keybank's operations. In 2019, it achieved carbon neutrality for its own operations and continues to finance renewable energy projects.


    8. Commitment to Diversity:

    Keybank is known for its commitment to diversity and inclusion. It has been recognized as one of the Best Places to Work for LGBT Equality and one of the Top 50 Companies for Diversity.


    9. Noteworthy Acquisitions:

    Keybank has made significant acquisitions over the years. One of its notable acquisitions is the purchase of First Niagara Bank in 2016, which added approximately 300 branches to its network.


    10. Fact About KeyBank Foundation:

    The KeyBank Foundation, established in 1969, has made a significant impact in the communities the bank serves. It focuses on education, workforce development, and community prosperity, donating millions of dollars each year to deserving causes.

    Vocabulary

    Keybank – A regional bank headquartered in Cleveland, Ohio, USA.

    Checking Account – A deposit account held at a financial institution that allows for withdrawals and deposits.

    Savings Account – A deposit account where the money deposited earns interest over time.

    Online Banking – An electronic payment system that enables customers to conduct financial transactions on the bank's website.

    Mobile Banking – A service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device.

    KeyBank Plus – A program offering low-cost check cashing services and other financial solutions.

    Key2Benefits – A prepaid debit card offered by KeyBank.

    Key4Kids Savings – A savings account specifically designed for children by KeyBank.

    KeyBank Mortgage – A loan provided by KeyBank for the purchase of a home or property.

    KeyBank Auto Loan – A loan provided by KeyBank for the purchase of a vehicle.

    KeyBank Personal Loan – A loan provided by KeyBank for personal use such as debt consolidation, home improvements, or unexpected expenses.

    KeyBank Home Equity Loan – A loan provided by KeyBank which is secured by the borrower's home.

    KeyBank Credit Card – A card issued by KeyBank that allows cardholders to borrow funds for purchases or for cash advances.

    KeyBank Branch – A physical location where KeyBank offers its financial products and services.

    KeyBank ATM – An automated teller machine owned by KeyBank for cash withdrawals.

    KeyBank Investment Services – A division of KeyBank that provides investment advice and management.

    KeyBank Business Account – A bank account specifically designed for business purposes.

    KeyBank Direct Deposit – A deposit method where the funds are electronically transferred into the bank account.

    KeyBank Secure Checking – A checking account with identity theft protection and other security features.

    KeyBank Relationship Rewards – A rewards program for KeyBank customers.

    KeyBank Overdraft Protection – A service that prevents check, ATM and debit card transactions from resulting in an overdraft.

    KeyBank Student Account – A bank account specifically designed for students.

    KeyBank Retirement Account – A bank account designed for saving and investing for retirement.

    KeyBank Certificate of Deposit – A savings account with a fixed maturity date and fixed interest rate.

    KeyBank Money Market Account – A type of savings account that usually has a higher rate of interest compared to a regular savings account.

    KeyBank Commercial Banking – A division of KeyBank that provides banking services to large corporations.

    KeyBank Private Bank – A division of KeyBank that provides personalized financial services to high-net-worth individuals.

    KeyBank Debit Card – A card issued by KeyBank that deducts money directly from a customer's checking account to pay for purchases.

    KeyBank Online Bill Pay – A service that allows customers to pay bills electronically through their KeyBank account.

    KeyBank Fraud Protection – A service that protects customers from fraudulent activity on their accounts.

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