OAKLAND,
Md., March 6, 2024 /PRNewswire/ -- First United
Corporation (NASDAQ: FUNC) announces that its Board of Directors
declared a cash dividend of $.20 per
share that will be payable on May 1,
2024, to holders of record of the Corporation's common stock
as of April 17, 2024.
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.
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SOURCE First United Corporation