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First United Corp FUNC

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Morningstar’s Analysis

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Economic Moat

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Company Profile

Business Description

First United Corp is active in the financial services domain. Operating as the holding company of the First United Bank & Trust, First United Statutory Trust I, First United Statutory Trust II and First United Statutory Trust III, it ventures into the space of a community bank in the United States. The scope of its offering includes checking, savings, money market deposit accounts and certificates of deposit, business loans, personal loans, mortgage loans and lines of credit extended to both individuals and businesses. In addition, it provides safe deposit and night depository facilities, insurance products and trust services. The bank also provides residential real estate construction loans to builders and individuals for single-family dwellings.

Contact
19 South Second Street
Oakland, MD, 21550-0009
T +1 800 470-4356
Sector Financial Services
Industry Banks - Regional
Most Recent Earnings Sep 30, 2020
Fiscal Year End Dec 31, 2020
Stock Type Cyclical
Employees 319