KeyBank Expands Middle‑Market Presence with New Atlanta Team

KEY
March 23, 2026

KeyBank announced the launch of a five‑person Middle‑Market commercial banking team in Atlanta, targeting companies with annual revenues between $10 million and $1 billion across manufacturing, distribution, professional services, healthcare, and technology.

The new group is led by Ryan Dixon, a former Commercial Line of Business Manager at Fifth Third, and reports to Michael McMahon, Regional Commercial Executive. KeyBank’s Atlanta expansion follows successful Middle‑Market team launches in Chicago, Southern California, and Overland Park, Kansas, and is intended to deepen its presence in the Southeast’s robust middle‑market economy.

The team will leverage KeyBank’s full Commercial Banking, Wealth, and Capital Markets platform to provide integrated services, including treasury, foreign exchange, and M&A advisory. The move is part of the bank’s broader strategy to capture a larger share of middle‑market activity as the U.S. economy recovers from recent rate‑cycle volatility, strengthening client relationships and driving fee growth in a region with strong economic fundamentals.

"Atlanta is where great bankers want to build and where KeyBank is uniquely positioned to win. Atlanta’s strong economic fundamentals and thriving middle market make it ideal for expansion. We’re bringing together seasoned professionals who can deliver meaningful impact while leveraging our full Commercial Banking, Wealth, and Capital Markets platform," said Ken Gavrity, President of Key Commercial Bank. "Middle market leaders expect more from their bank—and top bankers expect more from their platform. This team has the capital markets access, treasury expertise, and M&A advisory capabilities to deliver both. For our shareholders, this is how we invest for profitable growth," added Michael McMahon.

KeyCorp, the parent company, reported total assets of approximately $184 billion and operated 940 branches across 15 states, with 1,120 ATMs as of December 31, 2025, underscoring the scale of the organization behind the new initiative.

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