KeyBank to Open New, Full-Service, State-of-the-Art Branch in Schenectady

Rhea-AI Summary

KeyBank to open new branch in Schenectady, NY, offering high-touch banking services and full-service capabilities

Positive

• KeyBank is investing in the Capital Region, strengthening relationships with clients and community partners
• New branch designed to provide a more personal banking experience and better access to products and services

Negative

• Consolidation of branches at Carman Road and Broadway into new location

New branch is designed to give clients a more personal and accessible banking experience

SCHENECTADY, N.Y., Sept. 21, 2023 /PRNewswire/ -- KeyBank (NYSE: KEY) will open a new, full-service, state-of-the-art branch in Schenectady, NY. The new Altamont Avenue branch, located at 1703 Altamont Avenue, will open at 9:00 a.m. on Monday October 2, 2023, with a grand opening and ribbon cutting on Friday October 6, 2023 at Noon.

"This new branch is yet another way KeyBank is investing in the Capital Region. We look forward to meeting and working more closely with our new neighbors, clients and community partners," said Fran O'Rourke, KeyBank Capital Region Market President. "We are excited about the opportunity this new branch provides for us to deepen the strong relationships we have in the Capital Region."

In addition to high-touch banking services, this new state-of-the-art branch will offer full-service banking capabilities, feature digital video screens and a client hospitality area that can double as an area for financial seminars and group presentations with clients and the public, as well as a drive-up teller line, ATM and free parking. Longtime banker Kevin Eberz will serve as branch manager at the new location.

"KeyBank's new Altamont Avenue branch is uniquely designed to give our clients a more personal banking experience, with even better access to a full suite of products and services," said Eberz. "We are excited to bring this more consultative approach to Schenectady and demonstrate our commitment to helping our clients move forward on their financial journey."

In addition to helping individuals and families achieve their financial goals, the new Altamont Avenue branch will also serve clients seeking to develop and grow businesses in the area.

As part of the opening of this new branch, KeyBank is consolidating its branches located at 3083 Carman Road in Rotterdam and 1708 Broadway in Schenectady into the new location on Altamont Avenue. Those locations will close at 3:00 p.m. on Friday September 29, 2023.

Since 2017, KeyBank has made more than $1.14 billion in investments in the Capital Region, supporting affordable housing and community development projects; small business and home lending to low-to-moderate income individuals and communities, and transformative philanthropy.

ABOUT KEYBANK
KeyBank's roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $195 billion at June 30, 2023. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,300 ATMs. 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 Member FDIC.

CFMA #230908-2237430

 

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SOURCE KeyCorp