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Key Bank Amid Data Breach Lawsuits Brags of Goodwill Grant As Engages In Disparate Loans

By Matthew Russell Lee, Patreon

SOUTH BRONX, June 21 - Key Bank is in decline, both in consumer compliance and in fair lending.

  Reporting from and on the Federal courts, Inner City Press has noticed a slew of data breach cases filed against KeyCorp, since August 2022, now moving toward a multi-district consolidation - in February 2023 to the Northern District of Georgia, to the Honorable Steven D. Grimberg.

  Fair Finance Watch, looking at Key Bank's 2021 lending at first in New York State, notes that while Key Bank made 7916 mortgage loans to whites, with 1733 denials, it made only 266 loans to African Americans, with fully 140 denial.

 It should be sued by the Department of Justice, and many others.

  In amateur response, KeyBank on June 20 bragged about a grant to Goodwill Industries of Michiana, Inc. Seth Keirns, KeyBank Northern Indiana Market President, gushed that "At Key, we’re passionate about removing barriers" - just not barriers to fair lending and fair housing.

 How do these grants compare to the lending promises Key made, and broke?  Watch this site.



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