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First Keystone Corporation Announces Leadership Change

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First Keystone has announced a leadership transition. Elaine A. Woodland, President and CEO of First Keystone and First Keystone Community Bank, will retire effective January 31, 2025. Jack W. Jones has been selected as her successor and joined both entities as Executive Vice President and Chief Operating Officer on January 6, 2025.

Jones, 53, was appointed to the boards of directors of both the and Bank. He previously served as Senior Vice President and Chief Banking Officer for Penns Woods Bancorp and Luzerne Bank since January 2021, where he also held the position of Regional President for Luzerne Bank.

First Keystone Community Bank operates 19 offices across Columbia (5), Luzerne (8), Montour (1), Monroe (4), and Northampton (1) counties, focusing on innovative business and personal banking products.

First Keystone ha annunciato un cambiamento nella leadership. Elaine A. Woodland, Presidente e CEO di First Keystone e della First Keystone Community Bank, andrà in pensione a partire dal 31 gennaio 2025. Jack W. Jones è stato selezionato come suo successore e si unirà a entrambe le entità come Vicepresidente Esecutivo e Chief Operating Officer a partire dal 6 gennaio 2025.

Jones, 53 anni, è stato nominato nei consigli di amministrazione di entrambe le organizzazioni. In precedenza, ha ricoperto il ruolo di Vicepresidente Senior e Chief Banking Officer presso Penns Woods Bancorp e Luzerne Bank dal gennaio 2021, dove ha anche ricoperto la posizione di Presidente Regionale per Luzerne Bank.

First Keystone Community Bank opera 19 uffici nelle contee di Columbia (5), Luzerne (8), Montour (1), Monroe (4) e Northampton (1), concentrandosi su prodotti bancari innovativi per aziende e privati.

First Keystone ha anunciado una transición en el liderazgo. Elaine A. Woodland, Presidenta y CEO de First Keystone y de First Keystone Community Bank, se retirará a partir del 31 de enero de 2025. Jack W. Jones ha sido seleccionado como su sucesor y se unirá a ambas entidades como Vicepresidente Ejecutivo y Director de Operaciones a partir del 6 de enero de 2025.

Jones, de 53 años, fue nombrado en las juntas directivas de ambas entidades. Anteriormente, se desempeñó como Vicepresidente Senior y Director Bancario de Penns Woods Bancorp y Luzerne Bank desde enero de 2021, donde también ocupó el cargo de Presidente Regional para Luzerne Bank.

First Keystone Community Bank opera 19 oficinas en los condados de Columbia (5), Luzerne (8), Montour (1), Monroe (4) y Northampton (1), enfocándose en productos bancarios innovadores para negocios y personas.

퍼스트 키스톤은 리더십 전환을 발표했습니다. Elaine A. Woodland, 퍼스트 키스톤과 퍼스트 키스톤 커뮤니티 뱅크의 회장 겸 CEO가 2025년 1월 31일 자로 은퇴할 예정입니다. Jack W. Jones는 그녀의 후임으로 선정되었으며 2025년 1월 6일부로 두 기관의 부사장과 최고 운영 책임자로 합류합니다.

53세인 Jones는 두 기관의 이사회에 임명되었습니다. 그는 2021년 1월부터 Penns Woods Bancorp와 Luzerne Bank에서 선임 부사장 및 최고 은행 책임자로 일했으며, Luzerne Bank의 지역 회장직도 맡고 있었습니다.

퍼스트 키스톤 커뮤니티 뱅크는 컬럼비아(5), 루제른(8), 몬투어(1), 먼로(4), 그리고 노샘프턴(1) 카운티에 걸쳐 19개의 사무소를 운영하며, 혁신적인 비즈니스 및 개인 은행 상품에 집중하고 있습니다.

First Keystone a annoncé une transition au niveau de la direction. Elaine A. Woodland, Présidente et CEO de First Keystone et de First Keystone Community Bank, prendra sa retraite le 31 janvier 2025. Jack W. Jones a été sélectionné comme son successeur et a rejoint les deux entités en tant que Vice-Président Exécutif et Directeur des Opérations le 6 janvier 2025.

Jones, âgé de 53 ans, a été nommé aux conseils d'administration des deux entités. Auparavant, il a occupé le poste de Vice-Président Senior et Directeur Bancaire chez Penns Woods Bancorp et Luzerne Bank depuis janvier 2021, où il a également été Président Régional pour Luzerne Bank.

First Keystone Community Bank opère 19 bureaux dans les comtés de Columbia (5), Luzerne (8), Montour (1), Monroe (4) et Northampton (1), en se concentrant sur des produits bancaires innovants pour les entreprises et les particuliers.

First Keystone hat einen Führungswechsel angekündigt. Elaine A. Woodland, Präsidentin und CEO von First Keystone und First Keystone Community Bank, wird zum 31. Januar 2025 in den Ruhestand gehen. Jack W. Jones wurde als ihr Nachfolger ausgewählt und wird ab dem 6. Januar 2025 als Executive Vice President und Chief Operating Officer beider Unternehmen tätig sein.

Jones, 53 Jahre alt, wurde in die Aufsichtsräte beider Unternehmen berufen. Zuvor war er seit Januar 2021 Senior Vice President und Chief Banking Officer bei Penns Woods Bancorp und Luzerne Bank, wo er auch die Position des Regional President für Luzerne Bank innehatte.

First Keystone Community Bank betreibt 19 Büros in den Landkreisen Columbia (5), Luzerne (8), Montour (1), Monroe (4) und Northampton (1) und konzentriert sich auf innovative Geschäfts- und Privatbankprodukte.

Positive
  • Structured leadership succession plan in place
  • New executive brings relevant regional banking experience
  • Maintains continuity with overlap period before CEO transition
Negative
  • None.

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.

Robert A. Bull

Chairman of the Board

570-752-3671

Source: First Keystone Corporation

FAQ

When will Elaine Woodland retire as CEO of First Keystone (FKYS)?

Elaine Woodland will retire as President and CEO of First Keystone effective January 31, 2025.

Who is the new incoming CEO of First Keystone (FKYS)?

Jack W. Jones will become President and CEO of First Keystone following Elaine Woodland's retirement on January 31, 2025.

What is Jack Jones' current role at First Keystone (FKYS)?

Jack Jones currently serves as Executive Vice President and Chief Operating Officer, a position he assumed on January 6, 2025.

How many branch locations does First Keystone Community Bank operate?

First Keystone Community Bank operates 19 offices across five Pennsylvania counties: Columbia (5), Luzerne (8), Montour (1), Monroe (4), and Northampton (1).

What was Jack Jones' previous position before joining First Keystone (FKYS)?

Jack Jones previously served as Senior Vice President and Chief Banking Officer for Penns Woods Bancorp and Luzerne Bank, where he also held the position of Regional President for Luzerne Bank.

FIRST KEYSTONE CORP

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