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Key Bank
From Wikipedia, the free encyclopedia
| KeyCorp | |
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| Type | Public (NYSE: KEY) |
| Founded | 1825 |
| Headquarters | Cleveland, Ohio |
| Key people | Henry L. Meyer III, Chairman and Chief Executive Officer Thomas C. Stevens, Vice Chair, Chief Administrative Officer Beth E. Mooney, Vice Chair, Community Banking |
| Industry | Financial Services |
| Products | Banking |
| Revenue | $4,868 million USD FY 2005 |
| Net income | $1,129 million USD FY 2005 |
| Employees | 18,600 |
| Website | www.key.com |
KeyBank (NYSE: KEY) is a bank headquartered in the Key Tower in Cleveland, Ohio. As of 2006, it is the 12th largest bank in the United States based on total deposits.[1]
KeyBank is owned by KeyCorp (NYSE: KEY) which was formed in 1994 through the merger of Society Corp. of Cleveland ("Society Bank") and Key Bank Albany, New York. It traces its roots back to Commercial Bank of Albany (1825). Society Corp. originated as Cleveland's Society for Savings in 1849, and had acquired Cleveland Central National Bank in 1986 and Ameritrust (formerly Cleveland Trust) prior to its merger with the former KeyCorp. KeyCorp is a publicly-traded stock on the New York Stock Exchange. It is listed as KEY.
KeyBank has approximately 18,600 employees and 2.2 million retail, small business, and corporate and investment clients. There are 954 Key branches located in 13 states and 1,439 ATMs. KeyCorp maintains business offices in 31 states. In April, 2007, Key was ranked 319 on Fortune 500.[2] On September 6, 2006, KeyBank announced that it was selling its broker-dealer branch network McDonald Investments Inc. to UBS Financial Services Inc..[citation needed]
- ^ 50 largest banks and savings institutions in the United States ranked by total deposits in thousands of dollars
- ^ Fortune 500: 2007
- Official website
- Key Education Resources
- Key Equipment Finance
- KeyDirect.com - Online only service for 37 states unserved by Key's branch network.
- Key Marine Financing - Boat loans
- Top 50 Bank Holding Companies
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