First United Corporation (FUNC)

17.38 +0.62 (+3.70%) As of 12:52PM EDT. Market open.

First United Corporation

19 South Second Street
Oakland, MD 21550-0009
United States
301 334 9471
https://mybank.com

Sector(s): Financial Services
Industry: Banks—Regional
Full Time Employees: 

Key Executives

Name	Title	Pay	Exercised	Year Born
Ms. Carissa L. Rodeheaver CPA, CFP, CPA	Chairman, Pres & CEO	499.89k	N/A	1966
Mr. Jason B. Rush	Sr. VP & COO	313.35k	N/A	1971
Mr. Robert L. Fisher II	Sr. VP & Chief Revenue Officer	346.19k	N/A	1969
Ms. Tonya K. Sturm	Sr. VP, CFO, Corp. Sec. & Treasurer	N/A	N/A	1967
Mr. Keith R. Sanders M.B.A.	Sr. VP & Chief Wealth Officer	N/A	N/A	1970

Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is 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. The company offers various deposit products, including checking accounts, savings and money market accounts, regular and individual retirement accounts (IRA) certificates of deposit, Christmas savings accounts, college savings accounts, and health savings accounts; Certificate of Deposit Account Registry Service program and Insured Cash Sweep program to municipalities, businesses, and consumers; and commercial customers packages, which include treasury management, cash sweep, and various checking opportunities. It also provides loans, such as 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; residential mortgage loans; home equity lines of credit; residential real estate construction loans; and indirect and direct auto loans, student loans, term loans, and other secured and unsecured lines of credit and term loans. In addition, the company offers various trust services, including personal trust, investment agency accounts, charitable trusts, retirement accounts that consist of IRA roll-overs, 401(k) accounts and defined benefit plans, estate administration, and estate planning services; insurance products; brokerage services; and safe deposit and night depository facilities. It operates 26 banking offices, one customer care center, and 34 automated teller machines in Allegany, Frederick, Garrett, and Washington counties in Maryland; and in Mineral, Berkeley, Monongalia, and Harrison counties in West Virginia. 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 a 10 indicates higher governance risk.