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KeyBank, owned by KeyCorp (NYSE: KEY), is based in Cleveland, OH and is one of the largest banks in the country with $137.7 billion in assets. KeyBank offers banking products and services to individuals and companies across the country including mortgage loans, CDs, savings accounts and auto loans.
KeyBank was formed in 1994, though in reality it is actually over a century old. The bank was actually created by a merger between Cleveland's Society Bank (founded in 1849) and Albany, NY's KeyCorp Bank (founded 1825). Today, the company employs around 18,000 individuals and operates over 1,100 full-service branches and nearly 1,500 ATMs. Though KeyBank maintains offices throughout the United States for corporate banking, it offers consumer banking in 15: Alaska, Colorado, Connecticut, Idaho, Indiana, Kentucky, Maine, Michigan, New York, Ohio, Oregon, Pennsylvania, Utah, Vermont, and Washington.
KeyBank is a full-service financial institution, and nearly all of its financial products, such as certificates of deposit (CDs), are available online, where you can complete a quick application. Over the years, Key has won various awards for its customer service. You can use RateZip to see how KeyBank's CD rates stack up against the competition.
For those looking for some credit, KeyBank has two different credit card options: the KeyBank Latitude® Credit Card and the Key2More Rewards® Credit Card. If you need to pay off debts and want lower rates, the Latitude card is for you, while if you want to earn rewards while using your card, you’ll want the Key2More Rewards card. Both cards have no annual fee and an introductory APR of 0%! (Remember – this is just the introductory APR. This will go up once the introductory period is over – be sure to read the terms and conditions first.)
Key's mortgage division offers a variety of residential mortgage products, including 15 and 30 yr fixed, and 5/1 ARM.
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