KeyBank

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KeyCorp
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

Thomas W. Bunn, Vice Chair, National Banking
Industry Financial Services
Products Banking
Revenue $4,998 million USD FY 2007
Net income $919 million USD FY 2007
Employees 18,400
Website www.key.com

KeyBank (NYSE: KEY) is a bank headquartered in the Key Tower in Cleveland, Ohio. As of 2007, it is the 16th largest bank in the United States based on total deposits.[1]. It is the 12th largest bank in the United States by total assets.[2]

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 18,400 employees and 2.2 million retail, small business, and corporate and investment clients. There are 985 Key branches located in Alaska, Colorado, Idaho, Indiana, Kentucky, Maine, Michigan, New York, Ohio, Oregon, Utah, Vermont and Washington, and 1,479 ATMs. KeyCorp maintains business offices in 31 states. In 2008, Key was ranked 321 on the Fortune 500 list.[3]

[edit] References

  1. ^ 50 largest banks and savings institutions in the United States ranked by total deposits in thousands of dollars
  2. ^ Top 100 banks in order of total assets
  3. ^ [1]

[edit] External links


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