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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 NwYNV8OGG9HZOHeMUec/PGpb6wA4yEr7JMLrj5c59qFnPLm6ZBTj0zPSxSrSlhXr
 /Cpbg5xKKAPuwL4i9GU5+g==

<SEC-DOCUMENT>0000950152-00-008492.txt : 20001215
<SEC-HEADER>0000950152-00-008492.hdr.sgml : 20001215
ACCESSION NUMBER:		0000950152-00-008492
CONFORMED SUBMISSION TYPE:	424B2
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20001214

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KEYCORP /NEW/
		CENTRAL INDEX KEY:			0000091576
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				346542451
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B2
		SEC ACT:		
		SEC FILE NUMBER:	333-50802
		FILM NUMBER:		788822

	BUSINESS ADDRESS:	
		STREET 1:		127 PUBLIC SQ
		CITY:			CLEVELAND
		STATE:			OH
		ZIP:			44114-1306
		BUSINESS PHONE:		2166896300

	MAIL ADDRESS:	
		STREET 1:		127 PUBLIC SQ
		CITY:			CLEVELAND
		STATE:			OH
		ZIP:			44114-1306

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SOCIETY CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B2
<SEQUENCE>1
<FILENAME>l85412ce424b2.txt
<DESCRIPTION>KEYCORP                          424B2
<TEXT>

<PAGE>   1
<TABLE>
<S>                                                       <C>                   <C>
PRICING SUPPLEMENT NO. 3, DATED: December 13, 2000                              RULE 424(b)(2)
to Prospectus Supplement Dated December 11, 2000          REGISTRATION STATEMENT NO. 333-50802
to Prospectus Dated December 11, 2000
</TABLE>



                                     KEYCORP

                                   $40,000,000

                  [X]     SENIOR MEDIUM-TERM NOTES, SERIES F
                  [ ]     SUBORDINATED MEDIUM-TERM NOTES, SERIES E


             [X]  Floating Rate Notes               [ ]   ___% Fixed Rate Notes
             [X]  Book-Entry Notes                  [ ]   Certificated Notes


             Original Issue Date: December 15, 2000
             Maturity Date: December 16, 2002
             Issue Price:  99.95975%
             Paying Agent:  Bankers Trust Company
             Authenticating Agent:  Bankers Trust Company
<TABLE>
<S>                              <C>          <C>                   <C>                                   <C>   <C>     <C>
Option to Elect Redemption:      [ ]   Yes    [X}  No             Option to Extend Maturity:              [ ]   Yes     [X]   No
- --------------------------                                        -------------------------
Redemption Date(s):                                               Extended Maturity Dates:
Initial Redemption Percentage:                                    Notice of Extension Date(s):
Annual Redemption Percentage Reduction:

Option to Elect Repayment:       [ ]   Yes    [X]  No             Specified Currency (not U.S. Dollars):  [ ]   Yes     [X]   No
- -------------------------                                         -------------------------------------
Repayment Date(s):  n/a                                            Authorized Denominations:
Repayment Price(s): n/a                                            Exchange Rate Agency:

Repurchase Price (if any):  n/a                                   Optional Interest Rate Reset:           [ ]   Yes     [X]   No
Amortization Schedule (if any): n/a                               Optional Interest Rate Reset Dates:     [ ]   Yes     [X]   No
Sinking Fund Defeasance:         [ ]   Yes    [X]  No             Optional Extension of Maturity:         [ ]   Yes     [X]   No
                                                                  Length of Extension Period:             [ ]   Yes     [X]   No
Minimum Denominations:           [X]   $1,000     [ ] Other:
</TABLE>


                              FIXED RATE NOTES ONLY
                              ---------------------

Interest Computation Period:

Interest Payment Dates:

Regular Record Dates if other than June 15 and December 15:


<PAGE>   2



                            FLOATING RATE NOTES ONLY
                            ------------------------

                                   BASE RATE:
                                   ----------
<TABLE>

           <S>                             <C>                    <C>             <C>     <C>     <C>
             [ ]  CD Rate                   [ ]  Treasury Rate
             [ ]  Commercial Paper Rate     [ ]  CMT Rate
             [X]  Federal Funds Rate        [ ]  11th District Cost of Funds Rate
             [ ]  LIBOR                     [ ]  Other (specify):
             [ ]  Prime Rate

        Initial Interest Rate: Federal Funds effective         Interest Determination Date:  One New York business
            on December 14, 2000 plus .42%                           day prior to each Interest Reset Date

        Index Maturity: Federal Funds effective (Fed H.15)     Interest Reset Period: Daily

        Spread (Plus or minus): plus .42%                      Interest Reset Dates: Daily

        Maximum Interest Rate:  n/a                            Interest Payment Dates: Quarterly on the 15th day of March,
                                                                     June, September and December, commencing on March 15, 2001

        Minimum Interest Rate:  n/a                            Calculation Date:  n/a

        Total Amount of OID: n/a                               Calculation Agent: KeyBank National Association

        Yield to Maturity:  n/a                                Spread Multiplier: n/a

        Initial Accrual Period OID                             Telerate Page: 120
           and Designated Method: n/a
                                                               Other Terms (if any):  n/a
<CAPTION>


<S>          <C>   <C>                                            <C>
AGENT:       [ ]   Salomon Smith Barney Inc.                      Agent's Discount or Commission:  $16,100 (.04025%)
             [ ]   Chase Securities Inc.                          Trade Date: December 12, 2000
             [X]   Credit Suisse First Boston Corporation         Proceeds to KeyCorp:  $39,983,900
             [ ]   Deutsche Bank Securities Inc.
             [ ]   Goldman, Sachs & Co.
             [ ]   Lehman Brothers Inc.
             [ ]   McDonald Investments Inc.
             [ ]   J.P. Morgan Securities Inc.
             [ ]   Morgan Stanley & Co. Incorporated
             [ ]   Other _________________________
<CAPTION>

[ ]  Acting as Agent        [ ] Agent is acting as Agent for the sale of Notes by KeyCorp at a price of
                                    % of the principal amount

[X]  Acting as Principal    [X] Agent is purchasing Notes from KeyCorp as Principal for
                                resale to investors and other purchasers at:

                                  [ ] a fixed public offering price of      % of the Principal amount
                                          [X]  varying prices related to prevailing market prices at the time of
                                               resale to be determined by such  Agent
</TABLE>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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