Grants include $1MM to Say Yes Buffalo and $500,000 to Community Foundation for Greater Buffalo; Grants aligned with Key’s $16.5B National Community Benefits Plan; Grants in addition to KeyBank's $20MM to First Niagara Foundation
BUFFALO, N.Y., May 11, 2016 /3BL Media/ — KeyBank today reaffirmed its commitment to helping communities thrive in Western New York with several major philanthropic announcements for Buffalo. KeyCorp Chairman and CEO Beth Mooney said today’s announcements are further examples of KeyBank’s investment in New York as part of the pending merger with First Niagara Financial Group.
The St. Francis Park Apartments will make housing available to low-income victims of domestic violence and the homeless
CLEVELAND, April 25, 2016 /3BL Media/ — Today, KeyBank announced it will invest a total of $9.5 million in equity in the St. Francis Park Apartments in Portland, Oregon. The investment supports the development of 106 units of affordable housing for single persons and small households living at or below 60% area median income. The St. Francis Park Apartments will maintain a preference for 25 households that are experiencing homelessness or are victims of domestic violence.
Ranked #2 for “Best Companies for Opportunity” and #7 for “Diversity Councils”
CLEVELAND, Ohio,April 20, 2016 /3BL Media/ – KeyBank (NYSE: KEY) has earned the #44 place on the 2016 Top 50 Companies for Diversity list, which DiversityInc announced at a keystone event at Cipriani Wall Street on Tuesday, April 19. KeyBank was also ranked #2 of 10 on the “Best Companies for Opportunity” list and #7 of 12 on the “Diversity Council” list.
Plan Includes Investment in Underserved Communities
CLEVELAND, OH, MARCH 18, 2016 /3BL Media/ – KeyBank today announced several major steps to further its community investments across the company as part of a National Community Benefits Plan. The investments announced today underscore KeyBank’s commitment to helping clients and communities thrive as well as its responsible approach to banking, citizenship and operations.
As a leader in sustainability for the banking industry, KeyBank was recently recognized by the Carbon Disclosure Project as a company meeting criteria for the S&P Climate Leadership Index. With programs focused on environmental reporting, a largely successful renewable energy portfolio, and programs targeting a “low carbon future,” the company moves forward by supporting transparency throughout the banking industry.
CLEVELAND, Ohio March 7, 2016 /3BL Media/— Today, the KeyBank Foundation awarded a $250,000 grant to Ginn Academy, the first and only all-male public high school in Ohio. The grant will support academic performance and create additional workplace experience opportunities for the students of Ginn Academy, which was established to help local urban adolescent males reach their full potential and beyond.
Niagara City Lofts will provide workforce and affordable housing, benefit low-income veterans and special needs households
February 29, 2016 /3BL Media/ -- Today, KeyBank announced it will provide a total of $12 million in capital to help develop the Niagara City Lofts in Niagara Falls, New York. The adaptive reuse project will convert an existing, abandoned public school, built in 1923 and vacant since 1986, into 61 units of workforce housing, affordable housing, market rate apartments, and a new commercial community space. The building has been submitted to the National Register of Historic Places for designation as a historic building.
$2,085,840 in Tax Refunds, Including the EITC, Returned to Low- to Moderate-Income Wage Earners
CLEVELAND, Ohio, February 12, 2016 /3BL Media/ – On Saturday, February 6, 2016, 112 of KeyBank employees volunteered their time to the eleventh annual Super Refund Saturday, a one-day event that makes free individual tax preparation services available to local residents and helps low- and moderate-income earners discover their eligibility for the Earned Income Tax Credit (EITC).
Cuyahoga Community College (Tri-C®) Foundation will receive $1.4 million from the KeyBank Foundation to enhance and expand the College’s public safety education and training programs.The grant will support high-quality training for students pursuing careers as law enforcement officers, firefighters, paramedics and other in-demand public safety occupations in Northeast Ohio.The program will include a campaign to recruit minority and female candidates for first responder jobs, as well as outreach initiatives to U.S.