First United Corporation Declares Quarterly Dividend
Shareholders of First United Corporation are set to receive a cash dividend of 26 cents per share following a declaration by the company’s Board of Directors. The payout is scheduled for August 3, 2026, for those holding common stock as of the close of business on July 20.
The Oakland, Maryland-based financial institution, which operates as the parent company of First United Bank & Trust, maintains a diverse portfolio of subsidiaries. Beyond traditional commercial banking, its operations include the OakFirst Loan Center and real estate management entities focused on foreclosed assets. The corporation also holds significant interests in affordable housing projects, specifically managing developments across Garrett and Allegany counties in Maryland.
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