Community Development Banking: Balancing Mission and Margin, Slides of Human Development

Community development banking, focusing on the balance between corporate commitment and responsible community investment. Topics include understanding low-income (lmi) segments, building a client-centered strategy, and offering financial education programs and additional products. Keybank's initiatives, such as keybank plus check cashing, eitc, and loan assist, are highlighted.

Typology: Slides

2012/2013

Uploaded on 04/22/2013

sashekala
sashekala 🇮🇳

4.5

(21)

120 documents

1 / 5

Toggle sidebar

This page cannot be seen from the preview

Don't miss anything!

bg1
Community Development Banking
Balancing Mission and Margin
Docsity.com
pf3
pf4
pf5

Partial preview of the text

Download Community Development Banking: Balancing Mission and Margin and more Slides Human Development in PDF only on Docsity!

Community Development Banking

Balancing Mission and Margin

  • Corporate Commitment
    • Seeking Revenue
    • Responsible Community Investment
      • CRA, Community, Client
  • Understanding the Segment (LMI)
    • Research
    • Client Demands
    • Client Treatments
    • Test and Learn
  • Building a Strategy
    • Client Centered Products
    • Culturally Relevant (Respect)
    • Informed Distribution and Marketing
    • Relationship Focused
    • Partnerships
  • Sponsorships with Community and Government Partners
    • Ohio IDA Program
    • EITC
  • Selected Results
    • KeyBank Plus Check Cashing
      • 200 Branches
        • Cleveland, Akron, Albany, Denver, Syracuse, Portland, OR
      • 17,000 clients
      • 37 million in checks cashed
  • Financial Education Program
    • 5,000 participants since 2004
    • Committed to reduce debt $797,
    • Alleviated disputed debt $160,
    • 300 New accounts opened
  • EITC
    • Approximately 300 bank volunteers in 14 cities
    • 1,235 Returns completed
    • $2,75 million in refunds
  • Loan Assist
    • 639 loans for $1.2 million