KeyBank is the primary subsidiary of KeyCorp, which was formed in 1994 through the merger of Society Corporation of Cleveland (“Society Bank”) and KeyCorp (“Old KeyCorp”) of Albany, New York. The merger briefly made Key the 10th largest US bank.

When did KeyBank start?

1825, Albany, New York, United States
KeyBank/Founded

How much is KeyBank worth?

Today, KeyCorp is based in Cleveland, OH, and we’re one of the nation’s largest bank-based financial services companies, with assets of approximately $181.1 billion….Financial Data.

Who owns KeyCorp?

KeyCorp
KeyBank/Parent organizations

Does KeyBank have Zelle?

An easy, fast way to send money through your KeyBank mobile app or online banking. KeyBank is excited to bring you Zelle – a way to send and receive money in minutes between almost any U.S. bank accounts. Best of all, there’s no fee to use Zelle.

When did Key Bank merge with Society Center?

During 1992 the merger was completed, and the headquarters returned to the new Society Center (now KEY CENTER) at Public Square. In 1994, Society merged with KeyCorp. KeyCorp began operations in 1832, as the Commercial Bank of Albany. After several name changes, the bank switched its name to “Key” in 1979.

When did Ameritrust and KeyBank merge in Cleveland?

KEYBANK. In a landmark merger with AMERITRUST 13 Sept. 1991, Society consolidated 2 of Cleveland’s major banking institutions. During 1992 the merger was completed, and the headquarters returned to the new Society Center (now KEY CENTER) at Public Square. In 1994, Society merged with KeyCorp.

Who is the parent company of Key Bank?

When did Society Corporation acquire Cleveland Trust Bank?

Society Corporation acquired Toledo-based Trustcorp in 1990 and Cleveland Trust, the major bank of holding company CleveTrust Corporation, in September 1991, a venerable Cleveland bank and Ohio’s largest bank during the 1940s through the late 1970s. The Cleveland Trust deal established Society as a large regional bank.