First Keystone Community Bank is proud to recognize April as Community Bank Month with a two-part series highlighting the benefits of community banks.
Part 1 – Your Friendly Neighborhood Hometown Bank
First Keystone Community Bank (FKCB) was chartered nearly 160 years ago to serve this community. Now, almost sixteen decades later, we remain committed to the same standards and principles that laid the foundation for the solid community institution that First Keystone has become. We are a local FDIC-insured community bank that helps consumers, small businesses, and local communities thrive.
What is at the core of the community bank business model?
First and foremost, community banks like FKCB focus on serving their customers. Community banks are grounded on a relationship-based business model committed to building long-term trust with customers. We are best suited for consumers and business owners because we understand what consumers and small businesses need and want. Community banks like FKCB stress one-on-one, face-to-face relationships with the customers we serve, and we are always ready to discuss our business model because our responsibility is to you, our customer.
What is the focus of FKCB?
As an FDIC-insured community bank, we focus on consumers and small businesses in diverse industries within the communities we serve. Our goal is to serve our communities for generations to come; therefore, we prioritize safety and soundness, profitability, and growth – in that order. We are mindful of our customers’ long-term interests while adhering to established banking practices.
Community banks strive to serve as responsible financial stewards who support their customers through every stage of life. Customers banking with an FDIC-insured community bank typically receive automatic coverage of their deposits up to $250,000. If you have questions about your coverage or would like to learn more about FDIC insurance, please visit www.fdic.gov, or call FKCB at 570-752-3671.
What is the current operating status of FKCB?
Because we are a COMMUNITY bank, FKCB is significantly different than the large specialty banks that have been in the news recently. First Keystone remains well-capitalized and well-positioned to continue to serve our customers and our communities. Our risk management processes have resulted in strong capital and liquidity positions. As a community bank customer, you have access to our experienced team, and we stand ready to always assist you with any questions or concerns.
More information on FDIC-insured banks will be presented in Part 2 of our Community Bank Month special on April 18.