KEYCORP/NEW
424B5, 1994-12-16
NATIONAL COMMERCIAL BANKS
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PRICING SUPPLEMENT NO. 6,    DATED: December 14, 1994                                                   RULE 424(b)(5) 
to Prospectus Supplement Dated August 10, 1994                                          REGISTRATION STATEMENT NO. 33-53643
to Prospectus Dated August 10, 1994

<CAPTION>
                                                              KEYCORP

                                                            $75,000,000
                                                [X] SENIOR MEDIUM-TERM NOTES, SERIES B
                                                [ ] SUBORDINATED MEDIUM-TERM NOTES, SERIES A

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

       Original Issue Date: December 21, 1994
       Maturity Date: December 21, 1995
       Issue Price: 99.98%
       Paying Agent: Society National Bank

 <S>                                       <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):                                               Authorized Denominations:                 
 Repayment Price(s):                                              Exchange Rate Agency:    
                                                                  
 Repurchase Price (if any):                                       Optional Interest Rate Reset:             [ ] Yes     [X] No
 Amortization Schedule (if any):                                  Optional Interest Rate Reset Dates:       [ ] Yes     [X] No
 Sinking Fund Defeasance:                  [ ] Yes   [X] No       Optional Extension of Maturity:           [ ] Yes     [X] No
 Covenant Defeasance:                      [ ] Yes   [X] No       Length of Extension Period:               [ ] Yes     [X] No

 Minimum Denominations:   [X] $1,000    [ ] Other _________



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


 Interest Computation Period:

 Interest Payment Dates:

 Regular Record Dates if other than May 16 and November 16:

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

                                                            BASE RATE:
                                                            ----------

                                        <S>                           <C>
                                        [ ] CD Rate                   [ ] Treasury Rate
                                        [ ] Commercial Paper Rate     [ ] CMT Rate
                                        [ ] Federal Funds Rate        [ ] COFI Rate
                                        [X] LIBOR                     [ ] Other (specify):________
                                        [ ] Prime Rate



 <S>                                                        <C>
 Initial Interest Rate: 3-month LIBOR +.05% to be           Total Amount of OID: N/A
   advised on December 19, 1994                             Yield to Maturity: N/A
                                                            Initial Accrual Period OID
 Index Maturity: 3-month LIBOR                                and Designated Method: N/A
                                                            Interest Determination Date: Two New York/London
 Spread (Plus or minus): +.05%                                business days prior to Interest Payment Date
                                                            Interest Reset Period: Two New York/London business
 Maximum Interest Rate: N/A                                   days prior to Interest Payment Date
                                                            Interest Reset Dates: Quarterly reset on March 21,
 Minimum Interest Rate: N/A                                   June 21, September 21 and December 21
                                                            Interest Payment Dates: Quarterly on March 21, June
 Calculation Agent: Society National Bank                     21, September 21 and December 21
                                                            Spread Multiplier:
                                                            Telerate Page: 3750
                                                            Other Terms (if any):



...................................................................................................................................

AGENT:            ______ CS First Boston Corporation                Agent's Discount or Commission: .02% ($15,000)
- -----             ___X___ Goldman, Sachs & Co.                      Trade Date: December 14, 1994                 
                  ______ Kidder, Peabody & Co. Incorporated         Proceeds to KeyCorp: $74,985,000 
                  ______ J.P. Morgan Securities                                                      
                  ______ Salomon Brothers Inc.                                                       
                                                                                                     
                  
______ 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


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