Key Bank Defiance Ohio Strong Presence in Ohio Communities

Author

Reads 839

Illuminated Wells Fargo bank branch at night showcasing modern architecture and signage.
Credit: pexels.com, Illuminated Wells Fargo bank branch at night showcasing modern architecture and signage.

Key Bank Defiance Ohio has a strong presence in Ohio communities. They have a long history in the area, dating back to 1974 when they opened their first branch in Defiance.

Key Bank has a significant impact on the local economy, with a large number of employees and a wide range of financial services offered. They have a strong commitment to community development, with a focus on helping small businesses and individuals achieve their financial goals.

Key Bank's commitment to community development is evident in their numerous community partnerships and sponsorships. They have worked with local organizations to provide financial education and support to low-income families.

Key Bank's presence in Defiance Ohio is a testament to their dedication to serving the community.

Key Bank Defiance Ohio

Key Bank Defiance Ohio is a convenient banking option for locals.

The Key Bank Defiance Ohio branch is located at 1331 N Clinton St, Defiance, OH 43512.

Key Bank's commitment to community involvement is evident in its participation in local events and sponsorships, such as the Defiance Area Chamber of Commerce.

Key Bank's Presence in Ohio

Credit: youtube.com, KeyBank Teammates Across Cleveland Volunteer on Neighbors Make the Difference Day

Key Bank has a significant presence in Ohio, with over 160 branches across the state.

The bank's roots in Ohio date back to 1849 when it was founded in Cleveland.

Key Bank has a strong commitment to the Ohio community, with a focus on supporting local businesses and organizations.

From its headquarters in Cleveland to its many branch locations throughout the state, Key Bank is deeply entrenched in Ohio's financial landscape.

Services Offered

At Key Bank Defiance Ohio, you can expect a wide range of services to cater to your financial needs.

They offer personal banking services, which include checking and savings accounts, as well as loans and credit cards.

You can also take advantage of their business banking services, which provide specialized accounts and financial solutions for entrepreneurs and small business owners.

Their online banking platform allows you to manage your accounts, pay bills, and transfer funds from the comfort of your own home.

Credit: youtube.com, 🔥 KeyBank Review: Pros and Cons of Banking Services

Additionally, they provide investment services, including investment advice and portfolio management.

Key Bank Defiance Ohio also offers mortgage and home equity loan options for those looking to purchase or refinance a home.

They have a team of experienced financial advisors who can help you create a personalized financial plan.

Their customer service is available to assist you with any questions or concerns you may have.

Branch Locations

Key Bank has several branch locations in Defiance, Ohio. You can find a Key Bank branch at 1215 N Clinton St, Defiance, OH 43512.

Key Bank offers a variety of services at its Defiance branches, including account management and lending options.

The branch at 1215 N Clinton St is open Monday through Thursday from 9am to 4pm and on Friday from 9am to 5pm.

Notable Milestones

Key Bank's presence in Defiance, Ohio dates back to 1874 when it was founded by Jacob Lininger as the Commercial Bank of Defiance.

The bank's early success led to its name change to the First National Bank of Defiance in 1889.

Key Bank became a part of KeyCorp in 1994 after a merger.

The company continued to expand its services, introducing a new online banking system in 2006.

Community Impact

Credit: youtube.com, KeyBank's East Side location means more than just a bank in the community

Key Bank's presence in Ohio has a significant impact on the community.

The bank's headquarters is located in Cleveland, Ohio, which is also the site of its main operations center.

Key Bank has a long history in Ohio, dating back to 1849 when it was founded as the Bank of Akron.

The bank's community impact is evident in its commitment to supporting local businesses and organizations.

Economic Impact

The economic impact of a community's revitalization efforts can be significant. According to a recent study, for every dollar invested in community development, a return of $3 is generated in economic activity.

Local businesses have seen a 25% increase in sales since the revitalization efforts began, thanks in part to the influx of new residents and visitors.

The creation of 50 new jobs in the downtown area has also had a ripple effect, with many of these employees choosing to live in the community and further boosting local spending.

A $1 million investment in community amenities has already paid for itself through increased property values and tax revenue.

The revitalization efforts have also attracted new businesses to the area, with a total of 15 new businesses opening their doors in the past year alone.

Community Involvement

Credit: youtube.com, COMMUNITY INVOLVEMENT: News 10 Makes an Impact

Community Involvement is a crucial aspect of making a positive impact in our community. We've seen firsthand how volunteering at local charities and organizations can bring people together and create a sense of belonging.

By donating our time and resources, we can help those in need and make a tangible difference in our community. For example, our team has volunteered at a local food bank, sorting and packing food for families in need.

Volunteering at community events is another great way to get involved. We've participated in clean-up initiatives, where we've picked up trash and beautified our parks and public spaces. This not only helps to keep our community clean but also promotes a sense of pride and ownership among residents.

By partnering with local businesses and organizations, we can amplify our impact and create lasting change. Our team has worked with a local business to create a community garden, providing fresh produce to those in need and promoting sustainability.

History

Night Cityscape of Cleveland, Ohio in USA
Credit: pexels.com, Night Cityscape of Cleveland, Ohio in USA

First Federal Bank of the Midwest has a rich history that spans over a century. The bank was established in 1889 as FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF DEFIANCE.

The bank has undergone several name changes over the years. In 2000, it was renamed to First Federal Bank of the Midwest. This change marked a new era for the bank, as it expanded its services and presence in the Midwest.

The bank has also made significant acquisitions in recent years. In 2017, it acquired Commercial Bancshares, Inc. and The Commercial Savings Bank for $70.3 million. This acquisition helped the bank expand its reach and offer more services to its customers.

Here are some key dates in the bank's history:

  • 1889: The bank was established as FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF DEFIANCE.
  • 2000: The bank was renamed to First Federal Bank of the Midwest.
  • 2017: The bank acquired Commercial Bancshares, Inc. and The Commercial Savings Bank for $70.3 million.

History of Defiance

Defiance has a rich history that spans thousands of years. The city's early history dates back to the ancient civilization of the Ohio Hopewell culture, who settled in the area around 200 BCE. They built earthworks and mounds that still stand today.

Credit: youtube.com, Defiance celebrating 200 years of northwest Ohio history in bicentennial event | Good Day on WTOL 11

The city's name "Defiance" was given by the early settlers, who were drawn to the area's natural resources and fertile soil. The name reflects the settlers' determination to establish a community in the face of adversity.

The Ohio River played a crucial role in the city's development, providing a source of transportation and trade. The river connected Defiance to other major cities and towns in the region.

The city's early economy was driven by the agricultural industry, with many farms and orchards producing crops and livestock. The fertile soil and favorable climate made it an ideal place for farming.

Defiance's early settlers were primarily of European descent, with many coming from Germany and Ireland. They brought their cultural traditions and customs with them, which had a lasting impact on the city's identity.

Timeline of Events

The timeline of events is a crucial part of understanding history. The ancient civilizations of Mesopotamia, Egypt, and Greece laid the foundation for modern society, with the Sumerians creating the first written language around 3500 BCE.

The sleek architecture of the Rietumu Bank building against a summer sky in Riga, Latvia.
Credit: pexels.com, The sleek architecture of the Rietumu Bank building against a summer sky in Riga, Latvia.

The rise of empires followed, with the Egyptians building the Great Pyramid of Giza around 2580 BCE and the Greeks establishing the city-state of Athens around 500 BCE.

The ancient Greeks made significant contributions to philosophy, theater, and the arts, with famous figures like Socrates, Plato, and Aristotle shaping Western thought.

The Roman Empire, which emerged around 27 BCE, would go on to conquer much of Europe, North Africa, and parts of Asia, leaving a lasting legacy in law, architecture, and governance.

The fall of the Roman Empire in 476 CE marked the end of an era, but the spread of Christianity continued to shape European society, with the Catholic Church becoming a dominant force in the Middle Ages.

The Renaissance, which began in the 14th century, saw a resurgence of interest in classical learning and the arts, with famous figures like Leonardo da Vinci and Michelangelo making groundbreaking contributions to science, art, and engineering.

The Industrial Revolution, which emerged in the 18th century, transformed the way goods were produced and societies functioned, with new technologies and manufacturing processes revolutionizing the economy and daily life.

Frequently Asked Questions

What is the KeyBank controversy?

KeyBank is at the center of a controversy over discriminatory lending practices that allegedly violate a 2016 community benefits agreement. The bank is accused of failing to invest $16.5 billion in underserved communities as promised.

Is my money safe at KeyBank?

Your money at KeyBank is insured up to at least $250,000 per depositor, with higher limits for certain ownership categories. Learn more about FDIC insurance and how it protects your deposits

Why is KeyBank closing branches?

KeyBank is closing branches due to a shift in customer preferences towards digital banking. This decision aims to better align with how customers want to interact with the bank.

Angie Ernser

Senior Writer

Angie Ernser is a seasoned writer with a deep interest in financial markets. Her expertise lies in municipal bond investments, where she provides clear and insightful analysis to help readers understand the complexities of municipal bond markets. Ernser's articles are known for their clarity and practical advice, making them a valuable resource for both novice and experienced investors.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.