The adjustment applies across the bank's affiliate network, impacting a wide array of financial services ranging from personal loans to commercial credit lines. KeyCorp operates as one of the largest bank-based financial services companies in the United States, managing approximately $191 billion in assets as of the second quarter of 2026.
In section Releases
KeyCorp Increases Prime Lending Rate to 7.00 Percent
Borrowers tied to KeyCorp’s credit products face higher costs starting September 17, 2026. The Cleveland-based financial institution announced it is lifting its prime lending rate to 7.00 percent, marking a 25-basis-point increase from the previous 6.75 percent benchmark, as the bank adjusts its interest rates for consumer and business clients.
This shift follows the bank’s standard interest rate policy for its KeyBank National Association branches, which serve customers across 15 states. The institution maintains a footprint of roughly 950 branches and 1,100 ATMs, providing services that span from basic deposit accounts to complex corporate banking products offered through its KeyBanc Capital Markets division.
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