KeyCorpKeyCorp raised its prime lending rate to 7.00% from 6.75%, improving net interest margins on its loan book.
KeyCorp and its banking affiliates have raised their prime lending rate to 7.00 percent from 6.75 percent, effective tomorrow, Sept. 17, 2026. The Cleveland-based company, which operates under the KeyBank National Association name, announced the move on Sept. 16, 2026. KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $191 billion at June 30, 2026. It serves individuals and businesses in 15 states through a network of approximately 950 branches and approximately 1,100 ATMs, and provides corporate and investment banking products to middle market companies under the KeyBanc Capital Markets trade name.
KeyCorpKeyCorp raised its prime lending rate to 7.00% from 6.75%, improving net interest margins on its loan book.