KeyBank Appoints EVP Maria C. Coyne to Lead Business Banking Segment
Segment Includes Companies with Revenues Under $10MM, Key4Women, SBA Lending
CLEVELAND, May 26 /PRNewswire-FirstCall/ -- KeyBank (NYSE: KEY) has named EVP Maria C. Coyne head of its national Business Banking segment, which provides financial services to companies with annual revenues up to $10 million, SBA loans, and services specifically for women-owned businesses, through Key4Women, across Key's 14-state footprint.
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Coyne has most recently served as executive vice president of Key4Women and director of client experience for KeyBank National Association, as well as the chief administrative officer for Key Community Banking. In those roles, she was instrumental in helping Key achieve success as a 2009 BusinessWeek Customer Service champ and as a leader in ACSI banking satisfaction rankings for 2010. Prior to those positions, she was responsible for the national sales efforts and administration of Key's Small Business Administration (SBA) program and specialty segment initiatives.
She was also founder of Key4Women, the bank's women-owned business initiative, which has lent $3 billion to qualified women business owners since 2005, and committed in 2009 to lending an additional $3 billion by the year 2012.
"Maria has the leadership abilities, expertise and understanding of business banking necessary to help us fully capture the potential of the small business market," said Beth Mooney, vice chair of KeyCorp. "We are confident that, in this new position, she will help position Key for long-term success."
"I look forward to harnessing the power of the KeyBank team to provide access to capital and to deepen relationships with our business clients, so we can continue to help them overcome challenges and build on their successes," said Coyne. "Small businesses are the engine of the economy, and right now, our powerful SBA segment is critical to many of them seeking financing. Between our SBA and our Key4Women program, we have a number of unique solutions, and we are bringing all of our resources to bear for the benefit of small business owners."
Coyne joined KeyBank as a senior vice president in the strategic planning group in 2001. Previously, she was a small business strategist with the Greater Cleveland Growth Association and spent more than 10 years with Bank One, serving in various management capacities before becoming director of marketing.
She holds a Bachelor of Business Administration in Finance degree from the University of Notre Dame, and was awarded a certificate for completion of The Key Executive Experience at Weatherhead at Case Western Reserve University's Weatherhead School of Management.
She is a sought-after speaker on small business topics and has been featured on CNN, SmartMoney.com, and NPR and in national publications including The Wall Street Journal, Enterprising Women, American Banker and U.S. Banker.
Coyne is a member of the Advisory Council of the Center for Women's Business Research in Washington, D.C.. She is also a member of the Board of Directors for the Women's President's Organization, a member of the Advisory Board for the National Association of Women Business Owners (NAWBO) and a member of the Forbes Executive Women (FEW) board, all based in New York, N.Y. In Cleveland, she is a member of the MacDonald Women's Health Leadership Council for the University Hospitals Health System and a member of the Finance Council for the Cleveland Catholic Diocese.
About KeyCorp
Cleveland-based KeyCorp (NYSE: KEY) is one of the nation's largest bank-based financial services companies, with assets of approximately $95 billion at March 31, 2010. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. For more information, visit https://www.key.com/.
About Key4Women
Founded in 2005, Key4Women is grounded in research and dedicated to helping women business owners achieve their goals by providing:
- Access to capital: Research shows that women owned business are still less likely than male-owned businesses with comparable revenue to use or intend to use business credit or equity financing (Center for Women's Business Research). Key4Women helps to close the gap for women business owners in the use of financial services and helps them access the right kind of capital at the right time.
- Customized service: KeyBank designates Key4Women Champions in each of its 21 districts -- business bankers dedicated to supporting women business owners. These Key4Women Champions understand that each business owner is unique, and they work closely with clients to provide customized solutions.
- Networking events: Local Key4Women networking events bring women business owners together to share ideas and develop new business partnerships. Key4Women members also benefit from partnerships with national organizations like the Women's President Organization (WPO), the Center for Women's Business Research, and the National Association of Women Business Owners (NAWBO).
- Educational opportunities: Key.com/women offers resources and information, including business tips on SBA lending, marketing, business development, Human Resources, and Information Technology. Other educational resources include roundtables, the Key4Women Forums, local speakers, email newsletters, access to the mariaonmoney.com blog, and access to webinars. Local Key4Women events address topics designed to help women business owners build skills and knowledge.
Note to Editors: For up-to-date company information, media contacts and facts and figures about Key's lines of business, visit our Media Newsroom at Key.com/newsroom.
SOURCE KeyCorp
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