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KeyBank Foundation Invests $1 Million to Expand Innovative Workforce Development Program for Underserved Communities at the Buffalo Center for Arts and Technology

NORTHAMPTON, MA / ACCESSWIRE / March 30, 2023 / The KeyBank Foundation is investing $1 million to support and expand an innovative workforce development program for underserved communities at the Buffalo ....

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KeyBank Community Development Makes Strategic Investment in Arctaris to Expand Business Lending for Disadvantaged Communities Nationally

BOSTON, MA / ACCESSWIRE / March 29, 2023 / Arctaris Impact Fund, LP ("Fund"), the flagship debt fund of Arctaris Impact Investors, LLC ("Arctaris"), has obtained a new $10 million warehouse line of credit ....

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KeyBank Partners With Resilia To Support Black, Hispanic, Indigenous, & People of Color Led Non-Profits

NORTHAMPTON, MA / ACCESSWIRE / March 16, 2023 / KeyBankA strong, longstanding commitment to diversity, equity and inclusion is central to KeyBank's culture and purpose of helping the communities it serves ....

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CNN Smerconish June 4, 2024 20:20:00

The economy. the first time in american history we went a year without a bank failure was 2005. 2006 was the second year, and the regulators told us at the time that they had won, this was great regulation, no one was failing, the system couldn t be safer. so what you have to say to yourself sa banks take different types of risk and run different types of business models. some of them fail. that being said, you do need to be careful that the failure is born by the loss of the risk takers at the bank and less soly companies that are using the bank to do general business. i m concerned with how regulators handle the explosive growth and its reliance on unusual funding sources to maintain and handle that growth. so i think there are a lot of important questions to be asked as we uncover this failure and lessons to be learned. ....

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CNN Smerconish June 4, 2024 20:18:00

Valley bank is big, but it s not like other banks of its size. they have a different business model. i ve read that nearly all of their depositors are in excess of the fdic limit. does that sound right to you? so it does, because this look, it s a $200 million bank, it s like keybank, huntington, the banks you see in large portions of america. those banks are about the same size but they have about 1,000 branchs. silicon valley only had 16 branches. how could that be? they didn t take that much money from regular consumers. they took it more from companies. they banked startups and as they got bigger, they kept those relationships. you mentioned roku as a perfect example of something like that. so companies tend to have money in excess of deposit insurance, ....

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