OAKLAND,
Md., Nov. 20, 2024 /PRNewswire/ -- First United
Corporation (NASDAQ: FUNC) announces that its Board of Directors
declared a cash dividend of $.22 per
share that will be payable on February 3,
2025, to holders of record of the Corporation's common stock
as of the close of business on January
17, 2025.
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.
View original
content:https://www.prnewswire.com/news-releases/first-united-corporation-announces-first-quarter-2025-dividend-302312122.html
SOURCE First United Corporation
