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New FDIC Deposit Numbers are Great for KeyBank


he FDIC has just issued its deposit market share figures for banks as of June 30, 2010.

According to the FDIC Deposit Market Share Report, KeyBank’s Alaska District maintained its # 3 market share position and exceeded $1 billion in deposits for the first time in the bank’s history. Deposits grew from $862 million in 2009 to $1.05 billion in 2010.

KeyBank’s Alaska President Brian Nerland attributes the growth to Key’s focus on relationship-banking, Key’s position  as a safe and sound place to bank, and the trend for consumers and businesses to save and build cash reserves for the future.

Relationship-banking, Nerland says, means that the bank strives to convert every new client relationship into an enduring one by extending outstanding products and services in investment management, retail and commercial banking, and mortgage lending.

Key’s strong showing also reflects its ongoing commitment to customer service. Key has been cited for its superior customer service in BusinessWeek magazine and in the American Customer Satisfaction Index.

The FDIC web site to check a particular market’s deposit share is: http://www2.fdic.gov/sod/sodMarketBank.asp?barItem=2

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