First Keystone Corporation (OTCID: FKYS) Closes $32.5 Million Capital Offering

BERWICK, Pa.–(BUSINESS WIRE)–First Keystone Corporation (OTCID: FKYS) (“First Keystone” or the “Company”), the holding company for First Keystone Community Bank, announced today that it has completed the private placement of $32.5 million in fixed-to-floating rate subordinated notes due 2036. The notes have been structured to qualify as Tier 2 capital under bank regulatory guidelines. The Company intends that proceeds from the sale of the notes will be used to redeem the Company’s $25.0 milli

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