KeyBank announced steps it has taken to help support its clients and communities facing economic hardship due to the spread of COVID-19. In addition to financial programs already in place, KeyBank announced it will defer payment for at least 90 days for clients facing economic hardship due to the spread of COVID-19.

• Package includes a payment deferral plan for clients facing economic hardship
• Support for employees, including a childcare reimbursement
• KeyBank Foundation announces initial community support plan
• Temporary closure of certain branches to keep teammates and clients safe

As part of its comprehensive response to the impact of COVID-19, the KeyBank Foundation also announced several steps it will take to support and augment employee donations and volunteer efforts. This includes an initial $1 million commitment to support vulnerable individuals, small businesses, and neighborhoods.

"KeyBank's purpose is to help our clients, our employees, and our communities thrive. That is true in good times and in challenging times," said Chris Gorman, President and Chief Operating Officer. "We are already seeing the economic impact of COVID-19 across our communities. KeyBank is well positioned to be part of the solution. We urge our clients who are facing financial difficulty to contact us so we can find the best solution."

Additional details on KeyBank’s ongoing efforts can be found at: (http://investor.key.com/file/Index?KeyFile=403401703)