KeyBank is one of the largest retail banks in the country and offers an array of products on both its deposit and loan sides. It maintains up-to-date web-based and mobile platforms for easy account management, including online banking via an award winning website. Headquartered in Cleveland, Ohio, it services its customers through a very large network of branches and ATMs.
One of KeyBank’s popular depository products is a reward checking account that often offers a cash bonus for new account openings. It also features hundreds of ‘Tiered’ and ‘Jumbo’ CDs and IRA CDs with various terms and requirements. KeyBank’s checking and savings account offerings usually offer lower than average interest rates. The bank also partners with Quicken to offer financial management solutions to both individuals and businesses.
KeyBank customers can earn Relationship Rewards points by opening a new account or performing everyday banking activities such as Bill Pay, automated debits and credits, and debit card purchases. These points can be redeemed through the KeyBank rewards catalog, which features a variety of products and merchandise. KeyBank online banking provides customers with an easy-to-use system for managing their accounts.
KeyBank was originally organized in 1865 as the National Commercial Bank of Albany. It merged with First Trust and Deposit a century later to become First Commercial Bank before finally changing its name to KeyBank in 1979.
KeyBank’s extensive focus on meeting the credit needs of underserved communities has earned it numerous “outstanding” recognitions by the federal government for its performance in this area. It does this by offering nontraditional banking products and services like low fee check cashing, free financial education, checkless checking, and short-term lines of credit.
The best bank we've ever had. Excellent communication and service at our local branch. They used to be on the low end of interest paid on CD's and savings. Since the banking crises they are offering very attractive rates. Highly recommend!
I am a new customer of Key, and have had nothing but good experience. My boyfriend and I have a joint account, and our experience has always been pleasant customer service. If there is a question, the staff is always courteous, prompt, and friendly and does what it takes to search for an answer if they don't happen to have one and come up with a solution. Our account is small but we are also never looked down upon at all as well. I would also have no problems recommending Key to anyone, and if one is re-starting like we have been after the economy collapse, plus life-situations that brought financial ruin, I would especially recommend them as they are also very encouraging, knowledgeable, and willing to come up with, and give suggestions if need be.
They make all kinds of excuses not to abide by their ads,so that they do not have to pay opening account bonuses.
Did a mobile upload with life insurance check ( was not alot) and these scumbags said it would be available the next DAY NOT BUSINESS DAY ( deposit was made on Friday.. then deciided to hold the funds to Friday the 22nd.. when i called them to question it they told me they want to make sure the payer has enough funds to cover the small check.. .. LMAO it is a well know insurance company.. keybank sucks
Overall | |
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FDIC Certificate # | 17534 |
Year Established | 1849 |
Employees | 18447 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 0.84% |
Return on Equity - YTD | 11.8% |
Annual Interest Income | $1.81B |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2023vs Q1 2022 | $195.2B$179.1B |
Loans | Q1 2023vs Q1 2022 | $120.2B$107.2B |
Deposits | Q1 2023vs Q1 2022 | $147.4B$151B |
Equity Capital | Q1 2023vs Q1 2022 | $14.12B$14.99B |
Loan Loss Allowance | Q1 2023vs Q1 2022 | $1.40B$1.13B |
Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $499.9MM$519.4MM |
Real Estate Owned | Q1 2023vs Q1 2022 | $22.5MM$18.3MM |
Always verify rates and promotions with the bank or credit union. We are not KeyBank; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.01% | - | - | KeyBank Health Savings Account | |
0.01% | - | - | Key Business Saver | |
0.01% | - | - | Key Active Saver |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | - | - | Key Select Checking | |
0.01% | - | - | KeyBank Business Interest Checking |