First Keystone Announces CEO Succession Plan: Jack Jones to Succeed Retiring CEO Elaine Woodland

First Keystone Corporation Announces Leadership Change

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01/08/2025 - 11:40 AM

BERWICK, Pa.--(BUSINESS WIRE)-- As previously announced, Elaine A. Woodland, President and Chief Executive Officer of the First Keystone Corporation (the 鈥淐orporation鈥�) and First Keystone Community Bank (the 鈥淏ank鈥�), 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鈥檚 retirement. Following Ms. Woodland鈥檚 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 鈥淵esterday鈥檚 Traditions. Tomorrow鈥檚 Vision.鈥� 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.