Market Overview

First Keystone Corporation Announces Leadership Change

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First Keystone Corporation (OTC:FKYS), parent company of First
Keystone Community Bank, announced today that the Boards of Directors
have appointed Elaine A. Woodland as President and Chief Executive
Officer of the corporation and the bank. Ms. Woodland has previously
served as the Treasurer of the corporation and Chief Operating Officer
of the bank since 2014. She had been appointed as the interim President
and Chief Executive Officer of the corporation and the bank in April
2018.

In making this decision, the Board of Directors assessed the
corporation's strategic plan, its current and ongoing needs, and the
organization's and management team's breadth and depth and determined it
was in the best interests of the corporation and its shareholders to
appoint Ms. Woodland as the permanent President and Chief Executive
Officer of the corporation and bank.

Speaking on behalf of the Board of Directors, Robert A. Bull, Chairman
of the Board of Directors stated, "We reviewed the corporation's recent
performance and Ms. Woodland's contributions to that performance and
believe that she is the most qualified candidate to deliver the best
results for our corporation and shareholders. Ms. Woodland has served
the corporation and bank in many roles over the years including most
recently as interim President and Chief Executive Officer." Mr. Bull
continued, "We are pleased that Elaine will bring her unique set of
skills and extensive experience to this role, and she has already made a
significant positive impact in her time as interim President and Chief
Executive Officer."

About First Keystone Corporation

First Keystone Corporation is the parent holding company for First
Keystone Community Bank which 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.

Forward-Looking Statements

This news release may constitute forward-looking statements for purposes
of the Securities Act of 1933, as amended, and the Securities Exchange
Act of 1934, as amended, and as such may involve known and unknown risk,
uncertainties and other factors which may cause the actual results of
First Keystone Corporation to be materially different from future
results expressed or implied by such forward-looking statements. These
forward-looking statements can be identified by use of terminology such
as "expect", "plan", "anticipate", "believe", "estimate", and similar
words that are intended to identify such forward-looking statements.
These forward-looking statements are based on management's current
expectations, assumptions, estimates, and projections about the
Corporation, the financial services industry, and the economy. The
Private Securities Reform Act of 1995 provides safe harbor in the event
the projected future operations are not met. There are a number of
future factors such as changes in fiscal or monetary policy, or changes
in the economic climate that will influence the Corporation's future
operations. These factors are difficult to predict with regard to how
likely and to what degree or significance that they would occur. Actual
results may differ materially from what may have been forecasted in the
forward-looking statements. We are not obligated to publicly update any
forward-looking statements to reflect the effects of subsequent events.

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