KeyBank

It is one of the 30 largest regional banks in the United States. It has subsidiaries in several states of the country. It offers savings services, loans, mortgages, investments, and more to all its clients, companies, and institutions. KeyBank is the principal subsidiary of KeyCorp.

History

The origin of this bank dates back to 1825 with the creation of the Commercial Bank of Albany (NY), which subsequently changed its name to the National Commercial Bank of Albany in 1864. In 1849, Samuel H. Mather founded Society for Savings as a bank of saving. Later, in 1867, it built its headquarters in Cleveland, which was a 10-story skyscraper. In 1958, this company was further consolidated with the acquisition of several banks for 20 years. In this way, it was subsequently established as Society National Bank.

After the financial crisis of 1930, the bank offered its banking services to the people and merchants of that time. That allowed it to grow more, acquiring more customers, and becoming stronger financially.

To become a regional bank, Society Corporation bought Truscorp in 1990. On the other hand, further back in time, National Commercial joined First Trust to form First Commercial Banks in 1971. Key began to expand outside New York, making several acquisitions such as Home Federal Savings of Fort Collins, Puget Sound Bancorp, Empire Federal Savings and Loan, and Goldome Savings Bank. Both institutions, to achieve their goals to become a large bank, merged in 1994 under the name of KeyCorp. The entity maintained its headquarters in Cleveland.

Routing Number

It is a nine-digit number that is used to identify a financial institution and process a transfer of funds:

Alaska: 125200879.

Colorado: 307070267.

Connecticut: Ordering Checks: 222370440, Wires and ACH: 021300077.

Florida: 041001039.

Idaho: 124101555.

Indiana: 041001039.

Maine: 011200608.

Massachusetts: Ordering Checks: 222370440, Wires and ACH: 021300077.

Michigan: 041001039.

New York: 021300077.

Ohio: 041001039.

Oregon: 123002011.

Pennsylvania: Ordering Checks: 222370440, Wires and ACH: 021300077.

Utah: 124000737.

Vermont: 211672531.

Washington: 125000574.

Number of Employees

The bank has a staff of 17,999 employees.

Rating

The rating measures the capacity of a bank to pay debts. Several agencies evaluate it.

KeyBank has a rating of:

  • S&P = A-.
  • Moody’s = Aa3.
  • Fitch = A-.

A- (S&P Global) = The economic situation could affect financing.

Aa3 (Moody’s) = It refers to the high quality of the bank with a little more risk to long-term risks.

A- (Fitch) = It has great solvency capacity and low risk of default.

Headquarters

The headquarters of KeyBank is located in Cleveland, Ohio, United States.

Website

If you want to know more about this bank, enter through its website: http://www.key.com

Services

  • Personal Banking: It provides basic banking services and operations to customers in general. It includes opening accounts, deposits, transfers, payments, investments, loans, insurance, mortgages, credit cards, and more.
  • Business banking: It offers commercial and institutional products and services, asset management, business accounts, lines of credit, and more to companies and corporations.

Contact

  • Address: 127 Public Square, Cleveland, Ohio 44114.
  • Phone Number: 1-800-539-2968 (Customer Service).