The Maryland-based financial institution, which trades on the NASDAQ under the ticker FUNC, serves as the parent company for First United Bank & Trust. Beyond its core commercial banking operations, the corporation maintains a diverse portfolio of subsidiaries. These include the OakFirst Loan Center finance companies and the First OREO Trust, a vehicle dedicated to managing and disposing of real estate acquired through foreclosure proceedings.
First United Corporation Declares Fourth Quarter Dividend
Shareholders of First United Corporation are set to receive a cash dividend of 28 cents per share, as authorized by the board of directors. The payout is scheduled for November 2, 2026, for investors who hold common stock at the close of business on the record date of October 19, 2026.
First United also holds significant interests in regional development projects, including low-income housing units in Garrett and Allegany counties. These investments are managed through the Liberty Mews Limited Partnership and the MCC FUBT Fund, where the bank maintains majority non-voting membership stakes.
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