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FIRST UNITED CORPORATION ANNOUNCES FIRST QUARTER 2023 DIVIDEND
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OAKLAND, Md., Dec. 1, 2022 /PRNewswire/ -- First United Corporation (NASDAQ: FUNC) announces that its Board of Directors declared a cash dividend of $.18 per share that will be payable on February 1, 2023, to holders of record of the Corporation's common stock as of January 13, 2023.
About First United Corporation
First United Corporation is the parent company of First United Bank & Trust, a Maryland trust company with commercial banking powers. The Bank's wholly-owned subsidiaries include OakFirst Loan Center, Inc. and OakFirst Loan Center, LLC, both of which are finance companies, and First OREO Trust and FUBT OREO I, LLC, both of which were formed for the purposes of holding, servicing and disposing of the real estate that the Bank acquires through foreclosure or by deed in lieu of foreclosure. The Bank also owns 99.9% of the limited partnership interests in Liberty Mews Limited Partnership, which was formed for the purpose of acquiring, developing and operating low-income housing units in Garrett County, Maryland and a 99.9% non-voting membership interest in MCC FUBT Fund, LC, an Ohio limited liability company formed for the purpose of acquiring, developing and operating low-income housing units in Allegany County, Maryland. The Corporation's website is www.mybank.com.
first united bank & trust is a community bank that is passionate about serving both personal and business customers through an uncommon commitment to building helpful relationships and delivering customized solutions. a full-service financial institution, first united provides a complete range of consumer deposits, loan products and banking services, commercial deposit and loan products, and trust and insurance services. headquartered in oakland, maryland, the institution serves communities throughout maryland’s garrett, allegany, washington and frederick counties, and west virginia’s mineral, hardy, monongalia and berkeley counties, as well as neighboring areas of pennsylvania. devoted to its customers and the communities it serves, first united corporation is a one-bank holding company with more than one billion dollars in assets, nearly 30 full-service or drive-up offices and a customer service center.
View original content:https://www.prnewswire.com/news-releases/first-united-corporation-announces-first-quarter-2023-dividend-301692040.html