KeyBank is headquartered in Key Tower in Cleveland, Ohio, but has branches in New York and many other states. The nickname “FeeBank” (or “Fee Bank") has been frequently applied by critics who complain of KeyBank’s fees.
“Fee Bank” has been cited in print since at least 2000.
KeyBank is a regional bank headquartered in Key Tower within Cleveland, Ohio’s Public Square. As of 2007, it is the 16th largest bank in the United States based on total deposits. It is the 12th largest bank in the United States by total assets.
KeyBank National Association is a nationally chartered bank, regulated by the Office of the Comptroller of the Currency, Department of the Treasury.
KeyBank has approximately 17,468 employees and a diverse client base. Key’s customer base spans retail, small business, corporate, and investment clients. There are 985 Key branches located in Alaska, Colorado, Connecticut, Idaho, Indiana, Kentucky, Maine, Michigan, New York, Ohio, Oregon, Utah, Vermont, and Washington, and 1,479 ATMs. KeyCorp maintains business offices in 31 states. In 2008, Key was ranked 321 on the Fortune 500 list.
KeyBank also has several major sub-headquarters throughout Ohio; these are located in Cincinnati, Columbus, and Dayton. KeyBank recently took naming rights to the former MeadWestvaco Tower in Dayton, Ohio which is now named KeyBank Tower.
Key Bank should be renamed Fee Bank
Written: Oct 09 ‘00
cacarroll’s Full Review: KeyCorp
I have been with KeyBank since 1997. I did not choose this institution, but was drawn in with the promise of free checking if I had my pay check direct deposited to Key. This remained true for all of 5 minutes, but it has always been too much of a hastle to change. Well, I think I finally have had enough. Last month I was charged almost $20 for my “free” checking account.
Mon Dec-04-06 08:59 AM
5. Key Bank also known as Fee Bank is trying to make up the....
money by the ridiculous fees they charge.
Posted by Brontide on August 2, 2007, 9:19 am
> If you have a Key Bank in your area you can
> get a free iPod by opening a checking account.
Be forewarned, they didn’t get the name “fee"-bank for nothing.
http://redtape.msnbc.com/2008/03/if-bank-fees-ar.html">MSNBC.com—The Red Tape Chronicles
BANKS FLOUT FEDERAL LAWS ON FEES, GAO SAYS
Posted: Tuesday, March 4 2008 at 05:00 am CT by Bob Sullivan
Stay Away From “Key Bank,” because its more like “Fee Bank.” They charge ridiculous fees for any activity in your account!And if you forgot to put money in the bank, fro a check, because of our Slave Driven, work for cheap, more than 40hrs. a week Society or just didn’t have the time, Those damn Fees add up! Even sending through the same check as much as 6 Times a day!!!! And then adding $5 on top of their $30 fee for overdraft checks each time! What the F@#E$!!! When they know that they’re is direct deposit on evry thrus.! Why can’t they show courtesy and just wait, they know they’ll get ther money. Or how about our gov’t up the Minimuim wages so we don’t have to work so damn much, then maybe we’ll have the time to go and do some of our errands!
Pissed off in Fryeburg ME (Sent Mar 4, 2008 11:56:49 AM)
11/28/09 12:42pm PST
KeyBank.. but be aware of their nickname “FeeBank”
Nickname that store
November 30, 2010 8:53 AM
posted by chesty_a_arthur at 9:50 AM on November 30, 2010
New York City • Banking/Finance/Insurance • (0) Comments • Wednesday, April 06, 2011 • Permalink