KeyBank is a regional bank with headquarters in Cleveland Ohio, United States. It is the subsidiary of KeyCorp. The bank’s customers include small business, investment, and corporate clients. Today, KeyBank is one of the foremost banking business and corporate business entities in the United States. We’ll briefly discuss the profile of KeyBank company.
What the company is doing
KeyBank is engaged in various specialized financial services including personal banking, small business banking, commercial banking, corporate banking and wealth management services.
What time does KeyBank open?
|Monday||09:00 AM – 04:00 PM|
|Tuesday||09:00 AM – 04:00 PM|
|Wednesday||09:00 AM – 05:00 PM|
|Thursday||09:00 AM – 05:00 PM|
|Friday||09:00 AM – 05:00 PM|
|Saturday||09:00 AM – 12:00 PM|
Is KeyBank open today? Is KeyBank open tomorrow?
Is KeyBank open on Sunday? No, it’s closed.
KeyBank closing time
What time does KeyBank close? Usually, it closes at 05:00 PM.
History of KeyBank
KeyBank is said to be formed by the merger of Society Corporation of Cleveland and KeyCorporation of New York. The merger made KeyBank the 10th largest bank in the United States. The bank’s history can be traced back to Albany New York in 1925 and Cleveland Society of savings which was established in 1849. The society for Savings came into existence in 1849. To start with, it was a mutual savings bank and was started by Samuel H Mather.
In the latter half of the 19th Century, the small outgrowing Bank was established in the Society for Savings Building on Public Square in the ten-store building. The bank was highly conservative though it was located in a modern setup. In 1949, the bank celebrated its centenary. Even at this time, it had only one office with 200 million deposits. This asset helped the bank to absorb the onslaughts of economic depression and financial crises. The society was converted from mutual to a public company in 1958. And, it subsequently acquired 12 community banks during the period 1958-1978.
Society Corporation bought Trust Corp in 1990 and Cleveland Trust and CleveTrust Corporation (September 1991). The strength of Cleveland Trust was the firm personal and corporate trust of businesses. But it’s strength become unstable because of bad loans in real estate. 1925 the Commercial Bank of Albany came into existence. In 1965, it was recognized under the National Banking Act (1964) and renamed as National Commercial Bank of Albany. The merger of Key and Society happened in 1994 after due approval by the regulatory bodies. The two business entities are said to be an odd couple despite the merge said to be on par.
In 2016, KeyCorp bought First Niagara Bank for $4.1 billion for stock and cash. The acquisition made Key’s stronger in England and Upstate New York.
KeyBank Holiday Hours – Open
|February 14||Valentine’s Day|
|March 5||Mardi Gras Fat Tuesday|
|March 17||St. Patrick’s Day|
|April 19||Good Friday|
|April 22||Easter Monday|
|May 5||Cinco de Mayo|
|June 16||Father’s Day|
|May 12||Mother’s Day|
|November 29||Black Friday|
|December 24||Christmas Eve|
KeyBank Holiday Hours – Closed
|December 25||Christmas Day|
|September 02||Labor Day|
|October 14||Columbus Day|
|February 18||President’s Day|
|May 27||Memorial Day|
|July 04||Independence Day|
|January 21||Martin Luther King Jr. Day|
|November 11||Veterans Day|
|April 21||Easter Sunday|
|November 28||Thanksgiving Day|
|January 01||New Year’s Day|
KeyBank near me
KeyBank store locator
Today, KeyBank has expanded in many directions in business. In personal banking, it has all the modern resources for clients, which helps offer the best quality services. The bank offers branch-based deposits and investment products, loans, asset management services to quote a few.
For small businesses, it has become a great help aiming to improve and make them stronger. In commercial banking, the bank can handle large and mid-size businesses. The bank offers customized wealth planning individuals and group of individuals exceptional banking and financial solution.
Facts about KeyBank
KeyBank is among the biggest bank-based financial service offering companies and has assets amounting to $137.7 billion. Doing business in 15 states, the bank has revenue amounting to $6.3 billion.
The bank has executed community projects by volunteering and encouraging volunteerism, by contributing to philanthropy and participating in community programs to help improve the quality of life and economic growth.
It’s done several community welfare measures. For instance, it has invested $16.5 billion for the purpose. KeyBank has been listed in the Civic 50 as America’s most community-minded companies list.