First United Corporation (FUNC)

22.20 -0.07 (-0.31%) At close: 04:00PM EDT

First United Corporation

19 South Second Street
Oakland, MD 21550-0009
United States
800 470 4356
https://www.mybank.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 304

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Jason B. Rush	Senior VP & COO	321.87k	N/A	1971
Mr. Robert L. Fisher II	Senior VP & Chief Revenue Officer	322.66k	N/A	1969
Ms. Tonya K. Sturm	Senior VP, CFO, Corporate Secretary & Treasurer	N/A	N/A	1967
Mr. Keith R. Sanders M.B.A.	Senior VP & Senior Trust Officer	217.83k	N/A	1970

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

First United Corporation operates as the bank holding company for First United Bank & Trust that provides various retail and commercial banking services to businesses and individuals. It offers various deposit products, which includes checking, savings, money market deposit, and regular and individual retirement accounts (IRAs), as well as certificates of deposit. The company loan portfolio includes commercial loans secured by real estate, commercial equipment, vehicles, or other assets of the borrower; commercial real estate loans for residential and commercial development, agricultural purpose properties, and service industry buildings, such as restaurants and motels, retail buildings, and general purpose business space; residential mortgage loans; home equity lines of credit; residential real estate construction loans; and indirect and direct auto loans, student loans, and other secured and unsecured lines of credit and term loans. It also offers access to multi-million-dollar certificates of deposit and the Intrafi cash service, including multi-million-dollar savings and demand deposits to municipalities, businesses, and consumers; and treasury management, cash sweep, and various checking services. In addition, the company provides trust services, which includes personal trust, investment agency accounts, charitable trusts, retirement accounts, including IRA roll-overs, 401(k) accounts and defined benefit plans, estate administration, and estate planning; and insurance products, brokerage services, and safe deposit and night depository facilities. First United Corporation was founded in 1900 and is headquartered in Oakland, Maryland.

Corporate governance

First United Corporation’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.