First Keystone (FKYS) in Berwick, Pa., has amended its bylaws to allow its board to select a vice chairman.
The $820 million-asset company disclosed in a Thursday filing with the Securities and Exchange Commission that the change authorizes its directors to elect or appoint a vice chairman. The bylaws did not allow for such a post previously.
Last month, First Keystone said that J. Gerald Bazewicz, its former chief executive, would serve as its vice chairman.
The filing did not indicate if the company had immediate plans to fill the newly created post. Matthew Prosseda is the company’s president and chief executive.