Bank / Credit Union

Keybank delivers more than $500K through EITC program

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December 14, 2023

Keybank gave more than $500,000 in funding through Pennsylvania's Educational Improvement Tax Credit to 21 organizations in the western part of the state. With this program, businesses and individuals can get a tax credit equal to 90% of their state tax liability, according to a press release.

The funding for each organization ranged form $20,000 to $40,000 and was given to organizations such as Angel's Place Inc., The Neighborhood Academy, Holy Family Foundation, Junior Achievement of Western PA and more.

"At Keybank, we believe in supporting organizations and programs that help students succeed in school and eventually graduate and have access to college and career-building opportunities," Vic Laurenza, market president of Western Pennsylvania, Keybank, said in the release. "We appreciate the EITC program and the opportunity to give back to the organizations that are educating the next generation of leaders."