Business

KeyBank taps new Idaho president

Darren Schuldheiss has assumed oversight of KeyBank’s Idaho operations, including its 15 offices in the Treasure Valley.

He succeeded Idaho President Kevin Donovan, who left to take a job outside of banking.

“They hired me to grow this market, and I think we’ll do that,” Schuldheiss told the Statesman on Friday. KeyBank controls nearly 12 percent of deposits in the Valley, according to a 2014 federal report, trailing Well Fargo and U.S. Bank.

Schuldheiss moved to Boise from Seattle, where he was KeyBank’s national director of sales. A Montana native and a 2001 University of Montana graduate, he said Boise feels like home.

“KeyBank wants this to be a long-term role,” he said. “I plan on raising my family in Idaho.”

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