Get the latest delivered to your inbox
Privacy Policy

Now Reading

Key Grants $150,000 to Cedarville University; Establishes Financial Trading Center for Business Students

Key Grants $150,000 to Cedarville University; Establishes Financial Trading Center for Business Students

Published 11-04-05

Submitted by KeyBank

Cedarville, Ohio - From the flashy electronic data ticker to the live Bloomberg feed, students in Cedarville University's business program have a market-savvy new environment in which to explore finance. Named in honor of its sponsor, the KeyBank Trading Center officially opened today during a special ceremony in Cedarville's Milner Business Administration Building.

With support from KeyBank and the Key Foundation, the KeyBank Trading Center will give Cedarville's 80 finance students access to leading edge technologies and provide a more real-to-life learning experience. The center boasts 20 double-monitor workstations, an electronic data ticker, a data wall of constantly changing financial info, a 63-inch plasma screen for classroom presentations, and a 37-inch monitor for live financial news feed.

The KeyBank Trading Center is just one facet of a growing relationship between KeyBank and Cedarville University. Over the next three years, KeyBank intends to 1) offer professional counsel to the Cedarville finance program, 2) host students for educational visits to its Cleveland headquarters, 3) offer a summer internship to a Cedarville finance major, and 4) engage the finance faculty in aspects of KeyBank's business.

Key modeled its support for the trading floor after its 2002 collaboration with Kent State University in the funding and development of the Financial Markets Trading Floor within Kent State's College of Business Administration and Graduate School of Management to further emphasize application of mathematical models to risk management problems. In 2003, Key hired four of the first 11 graduates from the school's Master of Science in Financial Engineering program, when the company's Interest Rate Risk Management Group needed employees with the education and experience to step into their jobs and get up to speed quickly.

Involvement in programs like these date back to Key's decision in 2001 to adopt a more clearly defined corporate giving focus - one that aligns philanthropic investments with business interests - by helping people and communities achieve economic self-sufficiency through financial education and workforce initiatives.

Cedarville University
Home to over 3,000 students, Cedarville is an accredited Baptist university of arts, sciences, professional, and graduate programs. Cedarville is located in southwestern Ohio on a 400-acre campus. For more information, visit www.cedarville.edu

KeyCorp
Cleveland-based KeyCorp (NYSE: KEY) is one of the nation's largest bank-based financial services companies, with assets of approximately $92 billion. 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. Contact Key Foundation Senior Program Officer Quentin McCorvey at 216-689-5505, or Quentin_mccorvey@keybank.com, for more information about corporate grants.

Visit the KeyCorp page on Corporate Social Responsibility Wire at http://www.csrwire.com/csr/company.mpl?company=993 for news about the company relative to philanthropic investment, diversity, community development, corporate governance, environment, business ethics, human rights, and workplace issues.

###

Note to Editors: For up-to-date company information, media contacts and facts and figures about Key lines of business, visit our Media Newsroom at Key.com/newsroom.

KeyBank logo

KeyBank

KeyBank

KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $176.2 billion at March 31, 2021. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,100 branches and more than 1,400 ATMs. 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. 

More from KeyBank

Join today and get the latest delivered to your inbox