KeyCorp is a bank holding company based in Cleveland, Ohio. The company operates through two main business segments: Key Community Bank and Key Corporate Bank. Key Community Bank provides banking services to retail clients and small to mid-sized businesses, including commercial, small business, and consumer banking services. Key Corporate Bank provides a broad range of banking, capital markets, and investment management services to corporate and institutional clients.
KeyCorp was founded in 1825 as the Commercial Bank of Albany in Albany, New York. The bank later moved to Cleveland, Ohio, and in 1994 it merged with Society Corporation to form KeyCorp. Today, the company operates more than 1,100 branches across 16 states.
Key Community Bank offers a range of products and services to retail clients, including deposit accounts, personal loans, and credit cards. The bank also provides small business banking services, including commercial loans, lines of credit, and equipment leasing. In addition, Key Community Bank offers a range of wealth management services, including financial planning, investment management, and trust and estate planning.
Key Corporate Bank provides a range of banking services to corporate and institutional clients, including commercial lending, treasury management, capital markets services, and investment banking. The bank also offers a range of financial products and services, including interest rate derivatives, foreign exchange, and commodity products.