KeyCorp Reduces Prime Lending Rate to 6.75 Percent Starting Tomorrow

KeyCorp Lowers Prime Lending Rate

CLEVELAND, OH — KeyCorp (NYSE: KEY) has made a significant announcement regarding a reduction in its prime lending rate, lowering it from 7.00 percent to 6.75 percent. This change will take effect starting December 11, 2025.

This adjustment in the lending rate is indicative of KeyCorp’s ongoing commitment to serve its clients and to enhance financial accessibility for businesses and individuals alike. By lowering the prime rate, KeyCorp aims to support economic activity by making borrowing more affordable for its customers.

This decision comes as KeyCorp approaches a noteworthy milestone—its bicentennial, celebrating 200 years of dedicated service to diverse communities from Maine to Alaska. Established in 1825, KeyCorp has grown to become one of the largest bank-based financial services companies in the United States, managing assets of approximately $187 billion as of September 30, 2025.

KeyCorp operates under the KeyBank National Association brand and is well-known for its extensive array of financial offerings. These include not just banking services such as deposits and loans, but also cash management and investment solutions to meet the needs of both individual and corporate clients.

With around 1,000 branches and 1,200 ATMs across fifteen states, KeyBank is well-positioned to provide a range of banking and financial solutions. Furthermore, it extends sophisticated corporate and investment banking products under the KeyBanc Capital Markets name, offering services like merger and acquisition advice, public and private debt and equity offerings, and more.

By lowering the prime lending rate, KeyCorp reaffirms its mission to enhance client relations while fostering economic growth within the communities it serves. For customers looking to take out loans, this reduced rate may provide the opportunity to make important investments in homes, businesses, and other ventures that can contribute to local economies.

For further details about KeyCorp and its services, visit KeyCorp’s official website for more information.

As the financial landscape continues to evolve, KeyCorp remains committed to adapting its strategies to meet the changing needs of its customers, ensuring that it remains a trusted partner in their financial journeys.

KeyCorp undoubtedly represents a beacon of growth and stability in the financial sector, and this latest move to lower interest rates is a noteworthy step in its ongoing journey of facilitating better financial outcomes for its clients.

As the dust settles from this latest announcement, both current and potential clients look forward to the benefits that this prime lending rate may bring, proving that KeyCorp is not just a bank, but a vital part of the American financial fabric.