KeyBank Buffalo Named 2024 Market of the Year

KeyBank has honored its Buffalo market with the title of 2024 Market of the Year, celebrating the exceptional service provided by team members and highlighting Buffalo’s standout performance among the bank’s 27 regional markets. This marks the second time in ten years that Buffalo has earned this distinction, having first received the accolade in 2016 following KeyCorp’s acquisition of First Niagara Financial Group, which was based in Buffalo.

Buffalo, home to KeyBank’s Northeast Regional Headquarters, consistently ranks among the organization’s top-performing markets. In 2024, the team’s efforts played a significant role in helping clients reach their financial goals while also driving growth across multiple business areas, including:

The award was presented during KeyBank’s annual Chairman’s Awards ceremony in Cleveland on February 25th. Michael McMahon, Buffalo Market President, accepted the award from KeyCorp Chairman and CEO Chris Gorman, Head of Consumer Banking Victor Alexander, and Head of Commercial Banking Ken Gavrity.

“This award reflects the dedication of our teammates to delivering outstanding service and KeyBank’s strong commitment to the Western New York region,” said McMahon. “I’m incredibly proud of our Buffalo team and their consistent efforts to bring the best of Key to our clients and community.”

As part of the recognition, a traveling crystal trophy will be displayed for the next year at the Buffalo Regional Headquarters located in the Larkin at Exchange Building.

“The competition for this award is always intense, and the Buffalo team truly set itself apart in 2024,” said Gorman. “Their results are a testament to their deep commitment to our clients and the community. We applaud their success and the impact they continue to make.”