KEYCORP LOWERS ITS PRIME LENDING RATE TO 6.75 PERCENT
KeypKeyp(US:KEY) Prnewswire·2025-12-10 20:03

Core Viewpoint - KeyCorp has reduced its prime lending rate from 7.00 percent to 6.75 percent, effective December 11, 2025, indicating a strategic move to adjust lending conditions in response to market dynamics [1]. Company Overview - KeyCorp is celebrating its 200th anniversary in 2025, highlighting its long-standing service to clients and communities across the United States [2]. - The company is headquartered in Cleveland, Ohio, and is recognized as one of the largest bank-based financial services firms in the nation, with assets totaling approximately $187 billion as of September 30, 2025 [2]. - KeyCorp operates under the KeyBank National Association brand, providing a range of services including deposit, lending, cash management, and investment services through a network of about 1,000 branches and 1,200 ATMs across 15 states [2]. - Additionally, KeyCorp offers corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives, primarily targeting middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets brand [2].

KEYCORP LOWERS ITS PRIME LENDING RATE TO 6.75 PERCENT - Reportify