First United Declares Dividend, Reinforces Commitment to Community Development and Shareholder Value

First United Corporation Emphasizes Commitment to Community Development with New Dividend Announcement

First United Corporation announces a quarterly cash dividend of $0.26 per share, slated for payment on May 1, 2026, highlighting its strong financial management and commitment to returning value to shareholders. This dividend reflects the corporation's performance and establishes its position as a reliable entity in the community banking industry. Shareholders of record will be those noted by April 17, 2026, reinforcing our focus on rewarding those who invest their trust in First United.

As the parent company of First United Bank & Trust, the corporation leverages its various subsidiaries, such as OakFirst Loan Center, Inc. and OakFirst Loan Center, LLC, to diversify its offerings in commercial banking and finance services. These subsidiaries enhance the bank's capability to meet the needs of its customers, ranging from consumer loans to other financial management services. By maintaining a robust operational framework, First United enhances customer satisfaction while also expanding its market reach within Maryland.

In addition to its banking operations, First United significantly invests in community development, evidenced by its 99.9% interest in Liberty Mews Limited Partnership. This initiative focuses on acquiring and developing low-income housing in Garrett County, showcasing First United's dedication not merely to profit but also to fostering economic growth and social welfare. The corporation’s involvement in additional partnerships, such as its non-voting interest in MCC FUBT Fund, LC, in Allegany County, further emphasizes a holistic approach to community support and development.

First United Corporation's focus on customer-centric services through its diverse subsidiaries and its active role in community development underscores its strategic importance in the banking sector. The dual emphasis on profitability and community support aids in building a robust brand reputation and trust among stakeholders, ensuring that it remains an integral player in the regional financial landscape. For additional details on the corporation's efforts and services, interested parties are encouraged to visit their website at www.mybank.com.

As First United prepares for the dividend payment, it reinforces its steadfast approach to nurturing relationships with shareholders while simultaneously investing in sustainable community-building initiatives. This combination is not only beneficial for its shareholders but also aligns with the growing societal expectations of corporate responsibility in today's banking environment.