NASDAQ, FUNC - First United Corp
The Corporation is a Maryland corporation chartered in 1985 and a financial
holding company registered under the federal Bank Holding Company Act of 1956,
as amended (the ?BHC Act?). The Corporation?s primary business is serving as the
parent company of First United Bank & Trust, a Maryland trust company (the
?Bank?), First United Insurance Group, LLC, a Maryland insurance agency (the
?Insurance Group?), OakFirst Loan Center, Inc., a West Virginia finance company,
and OakFirst Loan Center, LLC, a Maryland finance company, (together with
OakFirst Loan Center, Inc. the ?OakFirst Loan Centers?). OakFirst Loan Center,
Inc. has one subsidiary, First United Insurance Agency, Inc., which is a
Maryland insurance agency.
At December 31, 2007, the Corporation had assets of approximately $1.48 billion,
net loans of approximately $1.04 billion, and deposits of approximately $1.09
billion. Shareholders? equity at December 31, 2007 was approximately $105
million. ...
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