KeyBank, a reputable financial institution, has its roots dating back to 1825 when it was established in Albany, New York, under the name Commercial Bank of Albany, New York. The key figures behind its inception were Solomon Van Rensselaer, Thomas W. Olcott, and John F. Winslow. Currently, its headquarters are nestled in 127 Public Square, Cleveland, Ohio 44114, where it operates as a National Bank under the umbrella of KeyCorp, which is a bank holding company.

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KeyBank is a member of the Federal Deposit Insurance Corporation (FDIC), a membership it has maintained since January 16, 1956. The FDIC certificate number assigned to KeyBank is 17534, which is a testament to its adherence to federal banking regulations and its commitment to maintaining the trust and confidence of the public in the nation's financial system. The bank operates under the routing number 021300077, which facilitates the processing of electronic funds transfers and other financial transactions. Here is the list of KeyBank Routing Numbers CLick Here.

With a network of 1000+ branches sprawled across 16 states and 40,000 ATMs, KeyBank has a significant footprint in the United States. The states where it has the most branches include New York, Ohio, Washington, Pennsylvania, and Oregon. Its extensive branch network places it as the 13th largest bank in the US by branch count.

KeyBank extends a variety of banking services to its clientele, encompassing both individual and business banking needs. It has adopted a comprehensive banking policy to ensure the financial wellness of its clients. For instance, it provides overdraft protection services to help clients avoid overdraft fees. This service empowers clients to track their balance and ensure they have sufficient funds before making transactions. Additionally, the bank has policies that allow the authorization and payment of overdrafts on ATM and everyday debit card transactions at the client's discretion​.

In a recent move to further enhance its banking services, KeyBank has eliminated non-sufficient fund fees. It introduced a $20 de minimis threshold, whereby clients won't incur overdraft fees for negative balances below this level. Moreover, it reduced the overdraft fee to $20 per occurrence and instituted an overdraft fee cap of three per day while providing $0 Overdraft Protection for all linked accounts​.

Furthermore, KeyBank has expanded its offerings to include new ways for customers to earn better rates, get cash back, and access deposits more quickly. This is part of the bank's continuous effort to provide value to its clients and uphold its commitment to delivering exceptional banking services​.