Key Bank
Key Bank is owned by Key Corp, one of the leading bank-oriented financial services institutions in the United States. Key Bank’s base is in Cleveland, Ohio. Its total assets amount to $94 billion. Key Bank and other Key companies provide financial services such as investment banking services and products, consumer finance, commercial and retail banking and investment management to private individuals and large corporations in the US and throughout the world. Be acquainted with Key Bank and get to know the key to your financial success.
The Key Bank headquarters is located in 127 Public Square Cleveland Ohio. To date, Key Bank has a total of 1,450 ATM networks located in 954 full operating branches in more than 20 major districts in the United States. Key Bank houses more than 19,000 employees serving big time clients like Investment Banking, Community Banking and Commercial Real Estate customers.
The history of Key Bank is also rich. Founded back in 1825 by Commercial Bank of Albany, New York and incorporated in 1849 by the Society for Savings of Cleveland, KeyBank has seen better days of banking. In the course of its operation, the company was sited and earned respect from different institutions in the field of finance and governance. In April 2007, Fortune magazine names Key Bank as rank no. 319 in the Fortune 500 list, a huge leap from its former position in 2000 at no. 413. Fitch rates Key Bank with A, S & P with A-, Moody’s with A2 for the Senior Long Term Debt category.
In twenty six geographic regions in the United States, Key Bank offers many firsts and recognitions related to community-oriented banking. KeyBank National Association is the first to run a sole nationwide retail-based bank. The office of the Comptroller of the Currency in the United States also awarded Key Bank with an Outstanding rating making the company compliant to the requirements of the CRA or Community Reinvestment Act. Additionally, the company is recognized as the 10th leader in home equity lending and 7th placer in education lending. Key Bank’s Key Recreation is also revered as one of America’s biggest RV and marine lending institutions.
Aside from Banking, Key has also strengthened its position in the electronic services market. Key Electronics Services is the global leader in providing excellent services and products to Key’s international electronic clients. Key offers Merchant Services, Key Bill Pay, Key.com, Online Banking, Debit Card, Payroll Processing and Automated Teller Machine Network.
Key Electronic Services now has more than four hundred thousand consumers and small business online banking customers signed in. Its 1450 ATM Network makes Key Bank tenth in automated telling. Key Bank edifies its service excellence through partnership with ATM companies such as ARCO. It’s also good to know that Key Bank’s website is ranked no. 10 among the Top Online Banks.
Key has also managed to increase performance in investment and corporate banking. One of their best products so far is the Key Bank Real Estate Capital. It addresses the needs of interim loans, construction loans, equity and long term mortgages for commercial use in any type of property. Key Equipment Finance is another product that boasts of an equipment asset totaling $12.6 billion. The company offers custom financing solutions to both corporate conglomerates and small business players.
Under its Investment Management division, Key provides services like financial planning, insurance, capital markets, investment banking, asset management and brokerage capabilities to customers. The Victory Capital Management and the KeyBanc Capital Markets are the two service firms of Key under this division.
Whether you are starting on a business, planning on joining another company or expanding your own network, Key Bank is ready to help with its fleet of financial products and services. Key Bank’s experience, commitment and customer-centered service are your key to success.