1
EXHIBIT 21
KEYCORP
SUBSIDIARIES OF THE REGISTRANT AT MARCH 1, 1994
JURISDICTION PERCENT
OF INCORPORATION OF
OR ORGANIZATION OWNERSHIP(1)
----------------------- -------------------------
NAME OF HOLDING COMPANY SUBSIDIARY
Key Bancshares of Alaska (KBsA) Alaska 100%
Key Bancshares of Idaho (KBsI) Idaho 100%
Key Bancshares of Maine (KBsM) Maine 100%
Key Bancshares of New York (KBsNY) New York 100%
Key Bancshares of Utah (KBsU) Utah 100%
Key Bancshares of Washington (KBsWA) Washington 100%
Key Bancshares of Wyoming (KBsWY) Wyoming 100%
Society Bancorp of Michigan, Inc. (SBM) Michigan 100%
NAME OF BANKING SUBSIDIARY
Key Bank of Colorado (KBCO) Colorado 100%
Key Bank of Alaska (KBA) Alaska 100% by KBsAK
Key Bank of Idaho (KBI) Idaho 100% by KBsI
Key Bank of Maine (KBM) Maine 100% by KBsM
Key Bank of New York (KBNY) New York 100% by KBsNY
Key Bank of Oregon (KBO) Oregon 100% by KBsAK
Key Bank U.S.A. N.A. (KBUSA) New York 100% by KBsNY
Key Bank of Utah (KBU) Utah 100% by KBsU
Key Bank of Washington (KBWA) Washington 100% by KBsWA
Key Bank of Wyoming (KBWY) Wyoming 100% by KBsWY
Key Savings Bank (KSB) Washington 100% by KBsWA
Society First Federal (SFF) Florida 100%
Society Bank, Michigan Michigan 100% by SBM
Society National Bank (SNB) United States 100%
Society National Bank, Indiana (SNI) United States 100%
Society National Trust Company United States 100%
NAME OF NONBANKING SUBSIDIARY
A.T. -- Sentinel, Inc. Delaware 100% by SNB
A.T. Acceptance Corporation (2) Ohio 100%
All Coast Services (2) New York 100% by KMI
Ameritrust Company (2) Ohio 100%
Ameritrust Petroleum Corp. (2) Texas 100%
Ameritrust Realty Corp. (2) Texas 100%
AT Financial Corporation (2) Ohio 100%
AT Management Company (2) Delaware 100%
Bar T Bar Fiduciary Holding Company Arizona 100% by SNB
Beechnut Development Company Washington 100% by WMC
Belgate Investors Ltd. Washington 100% by RSD
Black & Warr Insurance Agency Inc. Idaho 100% by Gem State
CFS One, Inc. (2) Alabama 100%
Commercial Building Corporation Utah 100% by KBU
Commercial Security (2) Utah 100%
CSB Leasing, Inc. (2) Utah 100% by KBsU
Electronic Payment Services, Inc. Delaware 7%
Emgee Coal Company (2) Ohio 100% by SNB
First Appraisal Services Corporation Florida 100% by SFF
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KEYCORP
SUBSIDIARIES OF THE REGISTRANT AT MARCH 1, 1994 (CONTINUED)
JURISDICTION PERCENT
OF INCORPORATION OF
OR ORGANIZATION OWNERSHIP(1)
----------------------- -------------------------
NAME OF NONBANKING SUBSIDIARY (CONTINUED)
Gem State Properties Idaho 100% by KBI
Goldome Mortgage Investment Corp. New York 100% by KMI
GRCC Mid-Hudson Hotel Corp. New York 100% by KMI
High Plains Agricultural Credit
Corporation Wyoming 100% by KBWY
HPCW, Inc. Oregon 100% by KBO
INDORE Corporation Indiana 100% by SNI
Insurance Services of Puget Sound, Inc. Washington 100% by KBWA
Interstate Financial Corporation (2) Ohio 100%
Investco Wyoming 100% by KBsWy
KBNY Leasing New York 100% by KBNY
KBWA Leasing Corporation Washington 100% by KBWA
KBWA Services, Inc. Washington 100% by KBWA
Key Agricultural Credit Corp. Utah 100% by KBWY
Key Bank Life Insurance, Ltd. Arizona 100% by KBsNY
Key Brokerage Company, Inc. New York 100% by KBUSA
Key Financial Corporation New York 100% by KBNY
Key Services Corporation New York 100% by KBsNY
Key Trust Company (KTC) New York 100% by KBsNY
Key Trust Company of the West Wyoming 100% by KBsWy
Key Trust of Alaska Alaska 100% by KBA
Key Trust of Florida N.A. Florida 100% by KTC
Key Trust of Maine Maine 100% by KBsM
Key Trust of the Northwest Washington 100%
Key Venture Capital Corp. New York 100% by KBsNY
KeyCorp Insurance Agency Maine, Inc. Maine 100% by KBUSA
KeyCorp Insurance Agency, Inc. New York 100% by KBUSA
KeyCorp Insurance Co. Ltd. Bermuda 100%
KeyCorp Leasing Ltd. Delaware 100% by KBUSA
KeyCorp Mortgage Inc. (KMI) Maryland 100% by KBNY
Lenhart Land and Livestock Wyoming 100% by KBWY
Michigan Shared Properties Company Ohio 100% by SNB
Midwest Power Company Ohio 100%
Millennium Asset Holding Corp. New York 100% by KBNY
Money Station, Inc. Ohio 14%
National Financial Services
Corporation(2) Ohio 100%
NCB Properties, Inc. New York 100% by KBsNY
Niagara Asset Management Corp. New York 100% by KBNY
Niagara Portfolio Management Corp. Texas 100% by KBNY
OREO Corporation Ohio 100% by SNB
Overthrust Motel Corp.(2) Wyoming 100% by KBsU
P.B. Participation Oregon 100%
P.S.M. Financial Management Corp. Washington 100% by KSB
PacWest Building Corp. Oregon 100%
Platinum Springs Maryland 100% by KBNY
Puget Sound Mortgage Servicing Inc. Washington 100% by KSB
Puget Sound Plaza, Inc.(PSP) Washington 100% by KBWA
Puget Sound Securities, Inc. Washington 100% by KSB
PWB Sixth Avenue Corp. Oregon 100% by KBO
3
KEYCORP
SUBSIDIARIES OF THE REGISTRANT AT MARCH 1, 1994 (CONTINUED)
JURISDICTION PERCENT
OF INCORPORATION OF
OR ORGANIZATION OWNERSHIP(1)
----------------------- -------------------------
NAME OF NONBANKING SUBSIDIARY (CONTINUED)
Royal Skies Development Co.(RSD) Washington 100% by KBWA
Schaenen Wood & Associates, Inc. New York 100% by SAM
Second Street Community Urban
Redevelopment Corporation Ohio 100% by SNB
Security Capital Leasing, Inc.(2) Kentucky 100%
SELCO Service Corporation Ohio 100% by SNB
Society Asset Management, Inc.(SAM) Ohio 100% by SNB
Society Aviation Company Delaware 100%
Society Capital Corporation Ohio 100%
Society Community Development
Corporation Ohio 100%
Society Equipment Leasing Company Ohio 100%
Society Equipment Leasing
Corporation(SEL) Ohio 100% by SNB
Society Funding Corporation(2) Ohio 100% by SEL
Society Investments, Inc. Ohio 100% by SNB
Society Life Insurance Company Arizona 100%
Society Management Company Ohio 100%
Society Mortgage Company Ohio 100% by SNB
Society Shareholder Services, Inc. Delaware 100% by SNB
Society Trust Company of New York New York 100%
Society Venture Capital Corporation Ohio 100% by SNB
SocietyLease, Inc. Ohio 100% by SNB
St. Joseph Insurance Agency, Inc. Indiana 100%
Summit International Sales, Inc. Virgin Islands 100% by SNB
Summit Street Properties, Inc.(2) Ohio 100% by SNB
Swan Island Salmon Ltd. Maine 100% by KBM
TCIS, Inc.(2) Ohio 100%
The Tacoma Partnership Washington 99% by KBsWa
Touchstone Limited Partnership Washington 99% by PSP
1% by P.S.M. Fin.
Mgmt.
Trustcorp Financing Services, Inc. Ohio 100%
Trustcorp Venture Capital, Inc.(2) Ohio 100%
Virginia Stone Virginia 100% by KBNY
Washington Mortgage Company (WMC) Washington 100% by KBsWA
West Coast Plastics, Inc. Oregon 100% by KBO
Western Audits(2) Oregon 100% by KBO
(1) Subsidiaries are directly owned by KeyCorp unless otherwise noted.
(2) Subsidiaries are inactive or are discontinued operations.