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Daily News

HARTFORD, Conn. — KeyBank announced that Dennis Breitrick has joined the bank as senior Business Banking relationship manager for its Connecticut and Western Mass. market. In his new role, he will provide customized financial solutions to improve cash flow, such as commercial lines of credit, SBA financing, equipment financing, cash management, merchant services, commercial real-estate financing, and more to businesses with sales revenues between $3 million and $50 million annually.

A graduate of Fordham University, where he earned a bachelor’s degree, Breitrick joins KeyBank from M&T Bank (formerly People’s United Bank), where he served as a business relationship manager since 2019. Previously, he spent 10 years with JPMorgan Chase Bank in similar roles serving business clients.

Breitrick reports to Allison Standish-Plimpton, Business Banking sales leader for Connecticut, Massachusetts, and Maine. “Dennis is an experienced business banker with proven lending and relationship-management expertise,” she said. “His knowledge of the local business market and successful track record meeting clients’ financial needs will add value to our team, and we are thrilled that he has decided to bring his career to Key.”

Daily News

HARTFORD, Conn. — KeyBank announced that Malissa Naylor has joined the bank as vice president, Business Banking relationship manager for the Hartford and Springfield areas.

In her new role, she will provide customized financial solutions such as commercial lines of credit, SBA financing, equipment financing, cash management, merchant services, and more to businesses with sales revenues between $3 million and $25 million annually. She reports to Allison Standish-Plimpton, Business Banking sales leader for KeyBank’s Connecticut and Massachusetts market.

Naylor brings to KeyBank more than 15 years of banking experience, most recently as a business banker with Webster Bank. She has also held various branch-network management roles with New Valley Bank and Trust, PeoplesBank, and TD Bank. She is active in her community, volunteering with Home City Development Inc., Springfield Young Professional Assoc., Holy Redeemer Cathedral, Vision Intervention Technology Academic Learning Center, YMCA of Greater Springfield, East Longmeadow Lions Club, and numerous chambers of commerce in both Connecticut and Massachusetts.

Daily News

CLEVELAND — KeyBank announced several steps it is taking to support humanitarian efforts currently underway for the people of Ukraine. In a message to employees, Chris Gorman, KeyCorp chairman and CEO, announced $150,000 in grants from KeyBank Foundation and a 1:1 employee matching-gift program.

KeyBank Foundation will give a $100,000 grant to the American Red Cross to support its efforts to provide food, water, and other essential items and services to the people of Ukraine. The Red Cross has teams on the ground in Ukraine and neighboring countries helping families and working to repair vital infrastructure, support health facilities with medicines and equipment, and support families with food and hygiene items. KeyBank Foundation will also make a $50,000 grant to UNICEF for its work supporting children and families impacted by the war in Ukraine.

In addition, KeyBank is launching a 1:1 employee matching-gift program through KeyBank Foundation that will help amplify and raise the collective voice of teammates in support of Ukraine. As part of this program, KeyBank Foundation will prove a dollar-for-dollar match for all employees up to $5,000, for several organizations supporting humanitarian efforts in Ukraine, including Americares, CARE, Project Hope, Save the Children, and World Central Kitchen.

“Over the past week, we have witnessed Russia’s invasion of Ukraine with both shock and deep concern,” Gorman said. “The remarkable resilience of the Ukrainian people has been a source of inspiration for me and for the entire world. Together, we have a longstanding tradition of supporting communities near and far, especially in times like these. This is one of the many reasons I am proud to be part of the Key team.”

Daily News

SPRINGFIELD — Mortgage lenders led by KeyBank bid $23 million Thursday and bought Springfield Plaza at a foreclosure auction, the Republican reported.

The winning bid protected the lenders’ money after other bidders failed to reach the undisclosed minimum bid. Two other active bidders both tapped out after $22.5 million.

According to the Republican, Andrea Mattei, the attorney representing the mortgage lenders, said the banks will likely market the 72-acre complex on Liberty Street to buyers through conventional means.

Previous owners Davenport Companies and Albany Road Real Estate Partners had a $30 million mortgage on the property through KeyBank and the other lenders.