Pub. 6 2018 Issue 2

www.uba.org 26 KEY BANK KeyBank Awards Grants to Support Three Local Education Or- ganizations KeyBank recently awarded grants totaling nearly $30,000 to three local organizations that are helping provide access to education in Utah. Support for education is one of the key tenets of the KeyBank Foundation’s giving strategy. As such, the bank awards grants that provide students with opportunities to prepare for fulfilling careers through access to high quality education and support for their academic success. A $7,000 grant to Success in Education will support the organi- zation’s Code to Success summer coding boot camps. Code to Success helps bridge the gap between education and industry by getting local students interested in programming in high school. KeyBank also donated $10,000 to both American Indian Services and Envision Utah. Funds given to the American Indian Services Scholarship Program will help provide Native American students with financial support to attend college, maintain enrollment and graduate. The Envision Utah grant will fund the Helping Utahans Look Be- yond High School Program. With the changing economy, more people need to further their education beyond high school. By 2020, 66 percent of jobs in Utah will require education beyond high school. The KeyBank grant will support outreach to communicate these changes and how to stay relevant in a changing economy. Key Names Amy Tieu Key4Green Business Development Officer Amy Tieu has been named Business Development Officer for Key Equipment Finance’s Key4Green initiative. In this role, she will support Key4Green alliances by partnering with relationship managers in the KeyBank franchise to provide lending and financ- ing solutions to current and new clients in Utah. Key4Green is designed to help companies finance energy efficient and renewable equipment to optimize cash flow by introducing cost reductions and lower expenses related to repair and mainte- nance of outdated equipment. The Key4Green team works along- side companies to identify possible tax credits, rebates, grants, or other financial advantages that might be available. “Amy comes to Key4Green after working with the KeyBank com- mercial banking group as a credit analyst and relationship manag- er,” said Jeffrey Eades, vice president of Key4Green, Key Equip- ment Finance. “Amy’s financial acumen and relationship building skills are going to be of great value to the Key4Green enterprise. I’m excited to watch Amy grow in her new role and look forward to working alongside her.” KeyBank Partners with Zelle, Gives Clients More Ways to Manage Money KeyBank announced recently that it is now offering Zelle in the bank’s mobile app and online banking experience, providing cli- ents with a secure, convenient person-to-person (P2P) payment solution. “We’re always looking for innovation that makes it easy for cli- ents to manage their money, including making personal payments. Partnering with Zelle is an important step for us. It demonstrates our ongoing commitment to identify digital payment solutions that we know our clients want,” said Jason M. Rudman, director of KeyBank Consumer Payments and Digital Banking. The Zelle Network® includes banks and credit unions of all sizes. Zelle makes digital payments an easy, fast and safe alternative to checks and cash. KeyBank Ranked #35 of “Top 50 Companies for Diversity” by DiversityInc In recognition of its diversity and inclusion management, Key- Bank has earned the #35 place on the 2018 DiversityInc “Top 50 Companies for Diversity” list. KeyBank was also ranked #13 on the “Top Companies for Diversity Councils” list. This year marks the ninth time KeyBank placed on the Top 50 list and the fifth consecutive appearance on the DiversityInc “Top Companies for Diversity Councils” list. “Leading and living our commitment to do business fairly and re- sponsibly, and in ways that benefit us all, is part of our corporate fabric,” said Beth Mooney, Chairman and CEO, KeyCorp. “Key- Bank’s diversity and inclusion efforts are fundamental to how we run our business and to our culture. We are proud to be recognized for the ninth time by DiversityInc for how diversity and inclusion are reflected in our workforce, our workplace, and our market- place.” Community Invests in Local Communities KeyBank recently released its 2017 Corporate Responsibility Re- port, highlighting progress in the areas of responsible banking, re- sponsible citizenship and responsible operations. Included in the report are the first year results of the five-year National Commu- nity Benefits Plan, under which KeyBank invested $2.8 billion in communities. KeyBank executives said the investment exceeded the goals for 2017 by 21% and represents a strong start for the five- year plan. In the first year, KeyBank across its 15-state footprint invested more than $1.9 billion in community development projects; origi- nated $390 million in small business loans to low-to-moderate bor- rowers and/or in low-to-moderate income neighborhoods; provid- ed $443 million in mortgage lending to low-to-moderate income communities; and made $38 million in philanthropic investments. In Utah, KeyBank invested more than $19 million in commu- nity development projects; originated more than $45 million in small business loans to low-to-moderate borrowers and/or in low-to-moderate income communities; and provided $61 million in mortgage lending to low-to-moderate income communities; and made nearly $300,000 in philanthropic investments. n