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KeyBank Overview

Industry
Financial Services
Revenue
Headquarters
Employees
17,999
Founded In
Website
Organization Type
Public
Social Media

Keybank is a finance company focusing on retail and commercial banking, investment management, and investment banking. Founded in 1825  as a bank holding company, Keybank has grown over the years under the parent company KeyCorp, with its principal subsidiary being KeyBank National Association. The company provides a wide array of financial services and products to individual, corporate, and institutional clients through two major business segments: Key Community Bank and Key Corporate Bank.

Headquartered in Cleveland, Ohio, Keybank operates with a diverse workforce of 17,999 employees and generates annual revenue of $7.7 billion. Currently led by CEO Christopher M. Gorman, the company is known for its commitment to diversity, with 57.8% female and 31.8% ethnic minority representation in its staff. Though politically leaning toward the Democratic Party, employees at Keybank enjoy working in a diverse environment and exhibit great employee retention. Despite lower pay compared to some competitors, Keybank remains an industry leader in the finance sector, delivering top-notch banking and financial services to its clients.

KeyBank's Mission Statement

To empower its clients, communities and employees to thrive. The path to financial wellness starts here. No matter who they are, where they are on their financial journey, or what barriers are ahead, key helps clients move forward.

4.0/5

KeyBank employee reviews

Based on 14 ratings

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Job openings at KeyBank
1,684 Positions
Average salary at KeyBank
$56,777 yearly

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KeyBank employee reviews

KeyBank employee reviews
4.0/5

Based On 14 Ratings

Work At KeyBank? Share your experience.
Employee Reviews
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3.0
A zippia user wrote a review on Apr 2024
Pros of working at KeyBank

Great remote and work from home policies

Cons of working at KeyBank

If you are not in the target demographics for DEI forget promotion.

KeyBank Benefits

401 K match

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4.0
A zippia user wrote a review on Feb 2024
Pros of working at KeyBank

Amazing benefits and work life balance.

Cons of working at KeyBank

In order to move up in further in the company you need to move to Cleveland.

KeyBank Benefits

Long term stock compensation.

What do you like best about KeyBank's CEO and the leadership team?

Always available and pushes us to be the best.

How would you improve KeyBank's culture?

Manage at the manager level as opposed to many orders coming from the top level executive management.

How did you prepare for the KeyBank interview?

Research of the company and spoke with individuals already work at Key. General market research as well, including Key’s competitor.

How does your compensation at KeyBank compare to the industry average?

In my experience Key is below average for compensation compared to competitors.

What's the diversity at KeyBank like?

We take DE&I very seriously and are regularly ranked as a top diverse bank in the nation.

What brings you the most joy at KeyBank?

The most fulfilling aspect of work at Key are work with colleagues and helping the overall community with community development projects.

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4.0
A zippia user wrote a review on Jan 2024
Pros of working at KeyBank

Team achievements and coordination

Cons of working at KeyBank

nepotism

KeyBank Benefits

401K matching and health benefits

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5.0
A zippia user wrote a review on Jun 2023
Pros of working at KeyBank

The culture and people. Great place to start your career.

Cons of working at KeyBank

The job advancement. Takes a long time to advance employees.

KeyBank Benefits

Medical benefits.

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5.0
A zippia user wrote a review on Nov 2022
Pros of working at KeyBank

Great learning experience, flexibility, cares about their employees

Cons of working at KeyBank

It’s been busy! But they’re finally getting a hand on that with hiring. It’s not a retention issue, it’s just especially busy almost all the time.

KeyBank Benefits

Great benefits, great pay, some positions allow you to relocate and work from home, wherever you’d like to go.

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3.0
A zippia user wrote a review on May 2021
Pros of working at KeyBank

environment

Cons of working at KeyBank

very conservative, everything is controlled. No plans on changing for future

KeyBank Benefits

I have a job/salary

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4.0
A zippia user wrote a review on Mar 2021
Pros of working at KeyBank

Good people. Willing to help each other

Cons of working at KeyBank

Retail controls everything. Agendas change constantly and you have to drop everything to chase the new vision

KeyBank Benefits

N/A

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5.0
A zippia user wrote a review on Mar 2021
Pros of working at KeyBank

Cares about their employees. Excellent growth oppertunities. Flexible scheduling.

KeyBank Benefits

Full benefit package including generous paid time off and company match 401k plan

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4.0
A zippia user wrote a review on Mar 2020
Pros of working at KeyBank

I have a great boss.

Cons of working at KeyBank

Typical challenges of working for a large company

KeyBank Benefits

Good pay.

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2.0
A zippia user wrote a review on Oct 2019
Pros of working at KeyBank

Lot of potential

Cons of working at KeyBank

lot of reorganization, not a lot of follow through with implemented strategies

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The team at KeyBank

  • The key people at KeyBank is Christopher M. Gorman.
Key People
Christopher M. Gorman
The Inside Scoop
KeyBank is one of the largest bank-based financial services companies in the US Its companies provide investment management, retail and commercial banking, consumer finance and investment banking products to individuals and businesses. Headquarted in Cleveland, OH, Its mission is to be the best regional bank in the US and put its clients' needs first.

KeyBank Rankings

KeyBank is ranked #14 on the Best Finance Companies to Work For in Ohio list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

KeyBank salaries

The average a KeyBank salary in the United States is $56,777 per year. KeyBank employees in the top 10 percent can make over $106,000 per year, while KeyBank employees at the bottom 10 percent earn less than $30,000 per year.
Average KeyBank Salary
$56,777
yearly
$27.30 hourly
Updated March 14, 2024

Evaluate KeyBank's commitment to diversity and inclusion.

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KeyBank diversity

9.8
Diversity Score
We calculated KeyBank’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of KeyBank’s workforce.
KeyBank diversity summary. Zippia estimates KeyBank's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated KeyBank's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of KeyBank's workforce.
  • KeyBank has 17,999 employees.
  • 58% of KeyBank employees are women, while 42% are men.
  • The most common ethnicity at KeyBank is White (68%).
  • 11% of KeyBank employees are Hispanic or Latino.
  • 9% of KeyBank employees are Black or African American.
  • The average employee at KeyBank makes $56,777 per year.
  • KeyBank employees are most likely to be members of the democratic party.
  • Employees at KeyBank stay with the company for 6.3 years on average.

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KeyBank Office Locations

KeyBank is headquartered in Cleveland, OH

Biggest KeyBank Locations

RankCityJob CountAvg. Salary
1Cleveland, OH20$58,578
2Seattle, WA8$64,573
3Pittsburgh, PA5$60,201
4New York, NY4$71,183
5Buffalo, NY4$69,487
6Rochester, NY4$69,661
7Columbus, OH3$57,420
8Denver, CO3$56,713
9Portland, OR3$59,266
10Overland Park, KS3$53,699

KeyBank Financial Performance

9.7
Performance Score

We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

KeyBank currently has 2.8B in revenue. KeyBank's most recent quarter produced 777.2m (q2'2023).

KeyBank annual revenue

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Highest paying KeyBank competitors

Compare KeyBank salaries to competitors, including KeyBanc Capital Markets, Bank of the West, and Citizens Financial Group. Employees at KeyBanc Capital Markets earn the highest average yearly salary of $90,480. The salaries at Bank of the West average $83,013 per year, and the salaries at Citizens Financial Group come in at $75,737 per year.

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KeyBank FAQs

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Zippia gives an in-depth look into the details of KeyBank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about KeyBank. The employee data is based on information from people who have self-reported their past or current employments at KeyBank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by KeyBank. The data presented on this page does not represent the view of KeyBank and its employees or that of Zippia.

KeyBank may also be known as or be related to KEYCORP NEW, KeyBank, KeyCorp, KeyCorp Real Estate Capital Markets, Inc., Keybank and Keycorp.