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KeyBank Brings Innovative Solutions to Colorado’s New La Plaza and Their Small Business Owners

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KeyBank has partnered with La Plaza, a new 150,000 sq ft indoor marketplace in Aurora, CO, providing banking solutions for over 100 small businesses. The bank's bilingual team helped business owners open accounts, set up Clover merchant devices, and offered guidance on business registration. KeyBank maintains an ongoing presence at La Plaza with on-site support and delivers Spanish-language financial workshops through their 'Money, Me & Key' program. The partnership highlights KeyBank's commitment to serving the Hispanic community and demonstrates their ability to provide comprehensive banking solutions for large-scale marketplace developments.

KeyBank ha collaborato con La Plaza, un nuovo mercato al coperto di 150.000 piedi quadrati situato ad Aurora, CO, fornendo soluzioni bancarie a oltre 100 piccole imprese. Il team bilingue della banca ha aiutato i proprietari delle aziende ad aprire conti, ad allestire dispositivi commerciali Clover e a fornire indicazioni sulla registrazione delle attività. KeyBank mantiene una presenza continua a La Plaza con supporto in loco e offre laboratori finanziari in lingua spagnola attraverso il programma 'Money, Me & Key'. La partnership evidenzia l'impegno di KeyBank nel servire la comunità ispanica e dimostra la loro capacità di fornire soluzioni bancarie complete per lo sviluppo di mercati su larga scala.

KeyBank se ha asociado con La Plaza, un nuevo mercado cubierto de 150,000 pies cuadrados en Aurora, CO, proporcionando soluciones bancarias a más de 100 pequeñas empresas. El equipo bilingüe del banco ayudó a los propietarios de negocios a abrir cuentas, configurar dispositivos comerciales Clover y ofreció orientación sobre el registro de empresas. KeyBank mantiene una presencia continua en La Plaza con apoyo in situ y ofrece talleres financieros en español a través de su programa 'Money, Me & Key'. La asociación resalta el compromiso de KeyBank de servir a la comunidad hispana y demuestra su capacidad para proporcionar soluciones bancarias integrales para desarrollos de mercados a gran escala.

KeyBank는 콜로라도 아우라에 위치한 150,000 제곱피트 규모의 실내 시장인 La Plaza와 협력하여 100개 이상의 소기업에 은행 솔루션을 제공하고 있습니다. 은행의 이중 언어 팀은 사업자들이 계좌를 개설하고, Clover 상점 기기를 설정하며, 사업 등록에 대한 안내를 제공하는 데 도움을 주었습니다. KeyBank는 La Plaza에서 지속적인 지원을 유지하며 'Money, Me & Key' 프로그램을 통해 스페인어로 재무 워크숍을 제공합니다. 이 파트너십은 KeyBank가 히스패닉 커뮤니티를 지원하려는 의지를 보여주며 대규모 시장 개발을 위한 포괄적인 은행 솔루션을 제공할 수 있는 능력을 입증합니다.

KeyBank s'est associé à La Plaza, un nouveau marché intérieur de 150 000 pieds carrés situé à Aurora, CO, fournissant des solutions bancaires à plus de 100 petites entreprises. L'équipe bilingue de la banque a aidé les propriétaires d'entreprises à ouvrir des comptes, à configurer des dispositifs marchands Clover et à offrir des conseils sur l'enregistrement des entreprises. KeyBank maintient une présence continue à La Plaza avec un soutien sur place et propose des ateliers financiers en langue espagnole via leur programme 'Money, Me & Key'. Ce partenariat met en avant l'engagement de KeyBank à servir la communauté hispanique et démontre leur capacité à fournir des solutions bancaires complètes pour le développement de marchés à grande échelle.

KeyBank hat sich mit La Plaza zusammengeschlossen, einem neuen 150.000 Quadratfuß großen Innenmarkt in Aurora, CO, der über 100 kleinen Unternehmen Banklösungen anbietet. Das zweisprachige Team der Bank half Geschäftsinhabern dabei, Konten zu eröffnen, Clover-Zahlungsterminals einzurichten und gab Ratschläge zur Unternehmensregistrierung. KeyBank hat eine fortlaufende Präsenz in La Plaza mit vor Ort Unterstützung und bietet spanischsprachige Finanzworkshops über ihr Programm 'Money, Me & Key' an. Die Partnerschaft unterstreicht das Engagement von KeyBank, der hispanischen Gemeinschaft zu dienen, und beweist ihre Fähigkeit, umfassende Banklösungen für große Marktentwicklungen bereitzustellen.

Positive
  • Secured banking partnership with 100+ new business accounts
  • Expanded presence in Hispanic market through bilingual services
  • Established ongoing physical presence at marketplace location
Negative
  • None.

Insights

The partnership between KeyBank and La Plaza represents a strategic move into the Hispanic business community, but lacks direct financial impact metrics. While establishing 100+ business accounts and merchant services shows market penetration, without specific revenue projections or financial terms, the immediate business impact remains The initiative demonstrates KeyBank's commitment to community banking and multicultural markets, particularly through Spanish-language services and financial education programs. This aligns with broader industry trends of banks targeting underserved communities but represents more of a long-term relationship building effort than a material financial development.

NORTHAMPTON, MA / ACCESSWIRE / November 19, 2024 / KeyBank:

In preparation for the opening of La Plaza, a 150,000 sq ft indoor marketplace, KeyBank's Kevin Davis, Senior Business Banking Relationship Manager, partnered with teammates across Key, to bring innovative solutions that supported the developer and individual small business owners that are a part of this exciting new project, in Aurora, CO.

La Plaza Colorado needed a banking partner who could accommodate their needs, serving as a resource for 100+ businesses and provide centralized reporting. Most of La Plaza's business owners prefer to speak Spanish and with KeyBank's recent focus on Spanish speaking materials and teammates, the partnership was a great fit. With over 100 accounts to open, several of Key's bilingual Branch Managers and our Regional Community Sales Manager helped to open these business accounts and discuss Key@Work.

Key formed a true partnership with the owners who developed the La Plaza model, Doug McMurrain and his daughter Isabel McMurrain, serving as their trusted advisors throughout this entire process. The team dedicated countless hours to meeting with clients to open accounts and set up the appropriate services. Some of the business owners needed guidance on registering with the Secretary of State and establishing a Tax ID Number and KeyBank teammates were onsite during their soft opening week, helping to activate the Clover merchant devices for every vendor.

"This has been an amazing project, one-and a half years in the making. I'm really excited about our growing presence in the Hispanic community and to see what this marketplace is providing to the city and this community.

Our approach to the La Plaza prospect and how we implemented our solutions exemplifies how collaboration leads to success. Key teammates quickly embraced the opportunity to help the parent company and individual vendors to get started. I'd like to extend a special thank you to our Spanish speaking teammates who were instrumental in our success!"

-Kevin Davis, Sr. Business Banking Relationship Manager

Key has an ongoing presence at La Plaza, with a table located at the front of the market and teammates on site on Fridays to answer questions. They have also expanded the support of La Plaza by leveraging their Language Access Program to deliver Key's Small Business focused Money, Me & Key workshops in Spanish. KeyBank's "Money, Me and Key" program is a financial empowerment initiative that helps community members improve their financial health. The following workshops were chosen by the vendors and delivered onsite:

  1. Developing a business plan

  2. How businesses obtain credit

  3. Small business and financial emergencies

Photo: Oscar Holguin, Regional Community Sales Manager, KeyBank

View additional multimedia and more ESG storytelling from KeyBank on 3blmedia.com.

Contact Info:

Spokesperson: KeyBank
Website: https://www.3blmedia.com/profiles/keybank
Email: info@3blmedia.com

SOURCE: KeyBank



View the original press release on accesswire.com

FAQ

What services is KeyBank (KEY) providing at La Plaza Colorado?

KeyBank is providing business account services, Clover merchant device setup, bilingual support, and Spanish-language financial workshops through their 'Money, Me & Key' program for over 100 businesses at La Plaza.

How large is the La Plaza marketplace where KeyBank (KEY) is operating?

La Plaza is a 150,000 square foot indoor marketplace located in Aurora, Colorado.

What financial education programs is KeyBank (KEY) offering at La Plaza?

KeyBank is offering their 'Money, Me & Key' workshops in Spanish, covering topics such as developing business plans, obtaining credit, and managing financial emergencies.

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