KeyBank Announces $40B Investment In Communities Including Affordable Housing, Economic Inclusion, And Climate Change Funding Commitments

Building on early fulfillment of its groundbreaking $16.5 billion Community Benefits Plan, KeyBank has announced it will increase its commitment to $40 billion. The investments will continue to focus on economic access and equity for underserved communities and populations. KeyBank also announced it has received its 10th consecutive “Outstanding” rating from the Office of the Comptroller of the Currency for reaching the highest standards of the Community Reinvestment Act (CRA). The Community Reinvestment Act requires banks to meet the credit needs of low- and moderate-income (LMI) communities across America. KeyBank…

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