KeyBank is the primary subsidiary of KeyCorp, the parent company. It is an American regional company that provides banking services. Key Bank is headquartered in Cleveland, Ohio. www.keybank.com was founded in 1825 in Albany, New York.
KeyBank employed about 20,000 people, has total assets worth $135 billion, and is ranked the 18th largest bank in the United States based on total assets. Keybank.com has 1,200 branches in 31 states of the United States.
History Of Keybank
Key Bank’s parent company KeyCorp was formed in 1994 as a result of the merger between KeyCorp (Old Keycorp) of Albany, New York, and Society Corporation of Cleveland. The merger briefly made KeyCorp the 10th largest bank in the United States.
Society Corporation was founded in 1867 and the Old KeyCorp was founded in 1825. In other words, Over the years, KeyCorp has been involved in other mergers and acquisitions that contributed to its expansion.
Products And Services of KeyBank online and Offline
Key Bank provides different products for individuals and businesses. Thus, these are placed in the categories of personal, private, business, and corporate.
Personal: The products offered include checking accounts, savings accounts, certificate of deposit, KeyBank Plus check cashing. In the same vein, personal loans and lines, home equity loans and lines, mortgages, boat and RV loans, auto and motorcycle loans, credit cards.
Debit card options, gift cards, KeyBank relationship rewards, key investment services. The rest are annuities, mutual funds, education planning, cash and cash equivalents, personal insurance solutions, and online and mobile banking services.
Private: The products and services offered include deposit services, credit solutions, investment management, trust and estate, specialized advice in financial planning, tax strategies, retirement planning, estate planning, business insurance solutions, and high-value asset insurance.
Key bank Business: this includes checking and cash management, business credit cards, collecting payments, managing payables, key business online, relationship rewards, savings, certificates of deposits, equipment financing and leasing, business credit cards, business debit cards, gift cards, key merchant services, insurance solutions, nonprofit services, financial tools, business insights, employee gift cards, manage employee benefits and payroll services.
Corporate: This offers the following products and services; commercial payment services, FX and international trade, industry solutions, payables, receivables, key total treasury, institutional asset services, asset-based lending, loans, and lines of credit.
They also do auto dealership finance, equipment finance, healthcare, mergers and acquisitions, derivatives, healthcare investment banking, debt capital markets, institutional equities, business insurance, captive insurance, employer solutions, health savings accounts, payroll services, performance rewards and incentives, benefits consulting and industry expertise.
Keybank Online And Mobile Banking Services
Key Bank offers online services that are secured (protects the financial information of customers), simple (promotes easier and less time-consuming transactions), and convenient (can be done anytime, anywhere on the desktop, laptop, or mobile phones).
Credit Card Services Of Keybank
KeyBank offers two main credit cards to their individual customers and they are Key2More Rewards Credit Cards and KeyBank Latitude Credit Cards. Each comes with its own benefits in terms of annual fees, introductory APR, balance transfer fees. The rest benefits are payment dates, relationship rewards, warranty, emergency assistance, and price protection.
www.key.com the website gives all the necessary information about the company and its product and services. It also enables existing customers to log in and gain access to their accounts.