KeyBank Recognized for Commitment to Community by Bloomberg, National
Conference on Citizenship, and Points of Light
CLEVELAND, Dec. 5, 2013
CLEVELAND, Dec. 5, 2013 /PRNewswire/ --KeyBank (NYSE: KEY) was recognized
today as one of America's most community-minded companies in the The Civic 50,
an annual initiative that identifies and recognizes companies for their
commitment to improve the quality of life in the communities where they do
business. The survey was conducted by the National Conference on Citizenship
(NCoC) and Points of Light, the nation's definitive experts on civic
engagement, and published by Bloomberg News.
(Photo: http://photos.prnewswire.com/prnh/20131205/CL28039LOGO )
"We believe that banks have a special responsibility to be a part of social
and economic solutions," said KeyCorp Chairman and CEO Beth Mooney. "For us,
it's important to take an active role in helping our clients and communities
thrive through our lending and investing, community engagement, and grants
focused on diversity, financial education, and workforce development.
Constantly balancing mission with margin is not simple, but it has proven
"The results of this year's Civic 50 survey show that even the most civically
engaged companies are doing more to make community engagement a top priority
and a permanent aspect of their business strategy," said Michael Weiser,
chairman of the Board, National Conference on Citizenship and Neil Bush,
chairman of the Board, Points of Light, in a joint statement. "These 50
companies are showing others in the private sector how to boost the bottom
line and make the world a better place."
This year's Civic 50 applicants were evaluated and accrued points based on
several criteria, including how much financial and human resources are applied
to civic improvement, whether internal and external resources are activated to
maximize community impact, how a company's community engagement activities
support its business interests, how broadly community engagement is supported
and institutionalized within a company's policies, systems and incentives, and
how a company measures the social and business value of its community
To learn more about The Civic 50 survey and the importance of civic engagement
in corporate America, please visit www.Civic50.org.
KeyCorp (NYSE: KEY) was organized more than 160 years ago and is headquartered
in Cleveland, Ohio. One of the nation's largest bank-based financial services
companies, Key has assets of approximately $91 billion. Key provides deposit,
lending, cash management and investment services to individuals, small and
medium-sized businesses under the name of KeyBank N.A. Key also provides a
broad range of sophisticated corporate and investment banking products, such
as merger and acquisition advice, public and private debt and equity,
syndications and derivatives to middle market companies in selected industries
throughout the United States under the KeyBanc Capital Markets trade name. For
more information, visit https://www.key.com/. KeyBank is Member FDIC.
Contact: Marylee Gotch, KeyBank, 216-471-2880, Marylee_A_Gotch@keybank.com
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