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KeyBank Review 2026

KeyBank provides a range of retail and commercial banking services across 15 states, with a strong focus on community banking and relationship-based financial services.

Founded

1849

Headquarters

Cleveland, OH

Total Assets

$190 billion

Branches

1,000+

BankingDeal Rating

Based on rates, fees, features, and customer satisfaction

3.8

out of 5.0

Rates & Fees

ProductRate / Fee
Savings APY0.01%
12-Month CD APY4.25%
Checking Monthly Fee$0

Rates shown are for illustration. Verify current rates directly with KeyBank.

Products Offered

Checking Accounts
Savings Accounts
CDs
Credit Cards
Mortgages
Personal Loans
Business Banking

Pros & Cons

Pros

  • +Hassle-Free checking with no maintenance fee
  • +Strong community banking focus
  • +Competitive CD rates
  • +Good business banking products
  • +Financial wellness tools

Cons

  • -Limited geographic presence
  • -Lower savings rates
  • -Branch network smaller than nationals
  • -Some digital features lag competitors

Our Verdict

KeyBank is a decent option for those who value 1,000+ branch locations and a full suite of banking products. Hassle-Free checking with no maintenance fee, making it worth considering in the traditional banking space. While savings rates at 0.01% are lower than online competitors, the convenience of branch access and comprehensive product offerings may offset this for many customers.

Related Resources

How to Open a Savings Account
What Is a CD?
Compare Savings Accounts by State
Best Cash Back Credit Cards

Frequently Asked Questions

Is KeyBank a good bank?

KeyBank has a rating of 3.8/5 on our scale. Hassle-Free checking with no maintenance fee. However, limited geographic presence. Whether it is right for you depends on your specific banking needs and priorities.

What is the savings account APY at KeyBank?

KeyBank currently offers a savings APY of 0.01%. Online banks may offer higher rates, though KeyBank provides other benefits like branch access. Rates are subject to change. Verify current rates directly with KeyBank.

Does KeyBank charge monthly fees?

KeyBank offers checking accounts with no monthly maintenance fee.

What products does KeyBank offer?

KeyBank offers Checking Accounts, Savings Accounts, CDs, Credit Cards, Mortgages, Personal Loans, Business Banking. Services are available online, through the mobile app, and at 1,000+ branches nationwide.

Where is KeyBank headquartered?

KeyBank is headquartered in Cleveland, OH. Founded in 1849, KeyCorp has grown to manage $190 billion in total assets. It operates 1,000+ branches.