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Regarding Recent FDIC Bank Closures

We know that many of you are reading and watching the news from the past few days regarding Silicon Valley Bank based in California and Signature Bank based in New York.  While we cannot comment on the specific challenges at these institutions, we wanted to assure you that our risk practices and industry exposures are in stark contrast to these two institutions.

As a community bank, First Keystone Community Bank remains well capitalized and well positioned to continue to serve our customers and community. We were chartered nearly 160 years ago and expect to serve this community for generations to come.

As a community bank customer, you have access to our experienced team, and we stand ready to assist you at all times with any of your questions or concerns.

As a community bank, we take pride in our relationship-based business model focused on building long-term trust with our customers. After all, we live in your community too, and your success is our success.

As a community bank, we focus on small businesses and diverse industries within the communities we serve. We prioritize safety and soundness, profitability, and growth, in that order.

Our risk management processes have resulted in strong capital and liquidity positions, and our goal is to continue to serve all current and prospective customers.

No one has ever lost a dime of FDIC-insured deposits up to $250,000. If you have questions about your coverage or would like to learn more about FDIC insurance and how it works, we encourage you to access the following resources or give us a call directly at 570 -752-3671 or 1-888-759-2266.

We thank you for your continued support. 

Written by First Keystone Community Bank

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Posted On:

March 13, 2023

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