FIRST UNITED CORP/MD/
Close on Oct 19, 2026
- Market cap
- $281.89M
- P/E (TTM)
- 11.3
- Dividend yield
- 2.20%
About First United
National Commercial Banks, SIC 6021
First United Corporation operates as a bank holding company whose primary business is managing First United Bank & Trust and related subsidiaries. The company provides retail and commercial banking, lending, and wealth management services to individual consumers and commercial clients. Its deposit offerings include checking accounts, savings accounts, money market accounts, health savings accounts, and certificates of deposit. In lending, the firm extends residential mortgages, commercial real estate loans, construction financing, lines of credit, and consumer loans. Additionally, it offers trust administration, estate planning, retirement accounts, brokerage services, and insurance products.
The corporation is organized under Maryland law. Its banking network comprises 23 branch offices, one customer service center, and 30 automated teller machines across several counties in Maryland and West Virginia, specifically Allegany, Frederick, Garrett, Washington, Mineral, Berkeley, and Monongalia counties. The provided text does not state the city of its corporate headquarters.
Summary of the business section of First United's latest annual report, written by StockData.
Company profile
Company
- Legal name
- FIRST UNITED CORP/MD/
- Founded
- 1985
- Headquarters
- Oakland, MD
- Address
- 19 S Second St 21550
- Phone
- (800) 470-4356
- Website
- mybank.com
- Employees
- 343, Dec 31, 2025
- Industry
- National Commercial Banks
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- Crowe LLP, Franklin, Tennessee
Stock & identifiers
- Ticker
- FUNC
- Exchange
- Nasdaq
- Shares outstanding
- 6M, Jul 31, 2026
- Public float
- $179.24M, Jun 30, 2025
- Filer category
- Accelerated filer<br>Smaller reporting company
- Stock splits
- 3-for-2, Feb 9, 1994; 2-for-1, Jun 16, 1993
- SEC CIK
- 763907
- CUSIP
- 33741H107
- ISIN
- US33741H1077
- LEI
- 549300G54QPXQLB4KN58
- EIN
- 52-1380770
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jason Barry Rush | Chairman, President & CEO, Director | 27,311 |
| Tonya K. Sturm | EVP & CFO | 11,841 |
| Robert L. Fisher II | EVP & Chief Banking Officer | 9,105 |
| Keith Sanders | EVP & Chief Wealth Officer | 10,342 |
| Anthony James Tasker | SVP & COO | 988 |
| Julie W. Peterson | SVP & Chief Credit Officer | 1,603 |
| Brian R. Boal | Director | 22,386 |
| Irvin Robert Rudy | Director | 39,000 |
| John F. Barr | Director | 30,904 |
| Patricia Milon | Director | 11,481 |
| Christy DiPietro | Director | 16,684 |
| Beth Moran | Director | 28,952 |
| Kevin Hessler | Director | 5,573 |
| Sanu Chadha | Director | 9,862 |
| H. Andrew Walls III | Director | 66,933 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $1.04M | $1.08M | $495.49K | $81 | – |
| FY2024 | $816.96K | $862.23K | $467.59K | $86 | – |
| FY2023 | $609.85K | $597.62K | $378.57K | $25 | – |
| FY2022 Carissa L. Rodeheaver | $732.41K | $796.96K | $439.15K | $34 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“At December 31, 2025, we employed 343 individuals, of whom 315 were full-time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Apr 1, 2021 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Mar 26, 2021 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Nov 10, 2020 | Late filing | Notification of late filing |
| Oct 3, 2014 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Oct 7, 2009 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| May 10, 2007 | Late filing | Notification of late filing |
| May 11, 2006 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Oct 7, 2004 | Deregistration | Termination of SEC registration (Form 15) |