FIRST UNITED CORPORATION
Sector: Regional-Mid-Atlantc Bnks
Latest Quote @ Wed May 5 17:31:28 (15 min delayed)
Last Day's Data
First United Corporation operates as the holding company for First United Bank &amp; Trust, which provides retail and commercial banking services to individuals, businesses, and various governmental units in western Maryland and northeastern West Virginia counties. The bank accepts checking, savings, and money market deposit accounts, as well as IRA and certificates of deposits. It also offers business loans; personal loans; mortgage loans; commercial loans secured by real estate, commercial equipment, vehicles, or other asset; commercial real estate loans secured by land for residential and commercial development, agricultural purpose properties, service industry buildings, retail buildings, and general purpose business space; home equity lines of credit; and residential real estate construction loans. In addition, the bank provides brokerage services; safe deposit and night depository facilities; various insurance products; trust services, including personal trust, investment agency accounts, charitable trusts; and retirement accounts, such as IRA roll-overs, 401(k) accounts, defined benefit plans, estate administration, and estate planning. Its investment portfolio comprises U.S. government and agencies securities, mortgage-backed securities, obligations of states and political subdivisions, and corporate and other debt securities. As of September 30, 2005, the bank had a network of 25 offices and 34 automated teller machines. The company, through its other subsidiaries, provides credit life and credit accident reinsurance, and health insurance products. First United Corporation is based in Oakland, Maryland.