-

First Keystone Corporation Announces Leadership Change

BERWICK, Pa.--(BUSINESS WIRE)--As previously announced, Elaine A. Woodland, President and Chief Executive Officer of the First Keystone Corporation (the “Corporation”) and First Keystone Community Bank (the “Bank”), the wholly-owned subsidiary of the Corporation, notified the Boards of Directors of the Corporation and Bank of her retirement as an employee and President and Chief Executive Officer of the Corporation and the Bank, respectively, effective January 31, 2025.

On January 6, 2025, the Corporation announced that Jack W. Jones had been selected as the successor to Ms. Woodland and he then joined the Corporation and the Bank, as Executive Vice President and Chief Operating Officer effective January 6, 2025, for the period until Ms. Woodland’s retirement. Following Ms. Woodland’s retirement effective January 31, 2025, Mr. Jones will be appointed as President and Chief Executive Officer of the Corporation and the Bank. In addition, effective January 6, 2025, Mr. Jones was appointed as a member of the boards of directors of the Corporation and the Bank.

Mr. Jones, age 53, served as Senior Vice President and Chief Banking Officer for Penns Woods Bancorp, Inc., Williamsport, Pennsylvania, and Luzerne Bank, Luzerne, Pennsylvania since January 2021. He also served as Regional President for Luzerne Bank. He is currently active in the community as Chairman of the Lands at Hillside Farms, Board Member of Leadership Northeast, and Treasurer of Pennsylvania State Police Camp Cadet Troop P.

First Keystone Community Bank provides innovative business and personal banking products that focus on “Yesterday’s Traditions. Tomorrow’s Vision.” The Bank currently operates offices in Columbia (5), Luzerne (8), Montour (1), Monroe (4), and Northampton (1) counties.

Note: This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. These factors include operating, legal and regulatory risks, changing economic and competitive conditions and other risks and uncertainties.

Contacts

Robert A. Bull
Chairman of the Board
570-752-3671

Industry:

First Keystone Corporation

OTC Pink:FKYS
Release Versions
English

Contacts

Robert A. Bull
Chairman of the Board
570-752-3671

More News From First Keystone Corporation

First Keystone Corporation Announces First Quarter Dividend

BERWICK, Pa.--(BUSINESS WIRE)--First Keystone Corporation (the “Corporation”) (OTC PINK: FKYS), parent company of First Keystone Community Bank, declared a $0.28 per share quarterly cash dividend to shareholders of record as of March 13, 2025, payable March 31, 2025. Cash dividends amounted to $0.28 per share for the first quarter of 2025, the same amount paid in the first quarter of 2024. During 2024, the Corporation again achieved some record balance sheet levels and continued profitability....

First Keystone Announces Fourth Quarter 2024 Earnings (Unaudited)

BERWICK, Pa.--(BUSINESS WIRE)--First Keystone Corporation (OTC Pink: FKYS), parent company of First Keystone Community Bank, reported an increase in total interest income of $14,434,000 or 25.3%, as compared to the year ended December 31, 2023. The increase was predominantly due to increased interest rates, growth in commercial real estate loans, and the purchase of higher yielding securities. Total interest expense increased by $11,271,000 or 40.4% primarily due to a $5,099,000 increase in int...

First Keystone Corporation Announces Fourth Quarter Dividend

BERWICK, Pa.--(BUSINESS WIRE)--First Keystone Corporation (the “Corporation”) (OTC PINK: FKYS), parent company of First Keystone Community Bank, declared a $0.28 per share quarterly cash dividend to shareholders of record as of December 12, 2024, payable December 31, 2024. Cash dividends of $1.12 per share year-to-date as of December 31, 2024, will be the same as year-to-date cash dividends paid as of December 31, 2023. During 2024, the Corporation again achieved some record balance sheet level...
Back to Newsroom