PITTSBURGH, PA – June 3, 2016 — KeyBank today announced a major sponsorship agreement with the Pittsburgh Penguins. Tom Wennerberg, Key’s Executive Vice President of Marketing said today’s announcement is an example of how the pending KeyBank/First Niagara merger represents an ongoing investment in the western Pennsylvania market and commitment to helping clients and communities thrive.
“KeyBank may be new to the Pittsburgh market but we are very familiar with the great tradition of Penguins hockey,” said Wennerberg. “This is an exciting team with great speed and toughness and it was fun to watch them Wednesday night protect home ice in their quest for the Cup. As we bring KeyBank and First Niagara together, we’re excited that KeyBank will continue this relationship as a Founding Partner and as the “official retail bank of the Pittsburgh Penguins.”
At the start of the 2016-2017 season, fans will notice upgraded ATMs and new signage throughout the arena.
“KeyBank has a long history of outstanding customer service and deep involvement in the community, and we are excited to welcome them to Pittsburgh and extend the partnership that we developed over the years with First Niagara,” said Terry Kalna, senior vice president of sales and broadcasting for the Pittsburgh Penguins. “KeyBank now takes its place as a valued Founding Partner at CONSOL Energy Center, in addition to being the official retail bank of the Penguins. We look forward to working with them on many business, community-related and charitable initiatives.”
As announced in October 2015, the pending merger between KeyCorp and First Niagara will create a leading bank with three million clients across diverse markets in the Northeast, Mid-Atlantic, Midwest and Pacific Northwest. The acquisition will expand KeyBank to attractive markets throughout Pennsylvania, Massachusetts and Connecticut. The merger is expected to close in the third quarter of 2016 and remains subject to regulatory approvals.
KeyCorp, headquartered in Cleveland, Ohio, is one of the nation’s largest bank-based financial services companies, Key had assets of approximately $98.4 billion at March 31, 2016. Key provides deposit, lending, cash management and investment services to individuals and small and mid-sized businesses in 12 states under the name KeyBank National Association. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.