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Gary M. Crosby didn't see it coming. The president of the First Niagara Foundation was stunned to learn the foundation, in conjunction with KeyBank, was donating $2 million in his honor to Say Yes Buffalo. His fellow board members sprung the news on him a couple of weeks ago, culminating in Tuesday's formal announcement. Crosby served as president and CEO of First Ni…

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KeyBank, in partnership with the First Niagara Foundation, awarded $250,000 to Gerard Place, to support a job training wing at a new community center. The KeyBank-First Niagara Allied Health Job Training Wing will be part of a community center that Gerard Place will open in October in a neighboring building on Bailey Avenue. The health wing will initially offer train…

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A North Tonawanda developer has bought a former First Niagara Bank branch in Amherst that closed in 2016, after KeyBank acquired First Niagara. Michael Wachowicz acquired the branch, at 665 N. French Road, for $390,000 from KeyBank, according to documents filed with the county clerk's office. Wachowicz said he has no immediate plans for the property. The property is …

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If it seems like the Buffalo Niagara region lost a lot of bank branches over the past decade, you're correct. In fact, only one other metro area in the country lost more bank branches during that period, according to a new study. The bank branch total for Erie and Niagara counties dropped 19.8 percent from 2007 to 2017, according to a MagnifyMoney.com study of the na…

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KeyCorp doesn't expect to any incur more expenses related to its acquisition of First Niagara Financial Group, said Beth Mooney, Key's chairman and CEO, as the bank released its quarterly earnings. Key recorded $56 million in expenses in the fourth quarter related to the 2016 deal. The Cleveland-based bank racked up a total of $697 million in expenses related to the Fir…