First United Corporation (NASDAQ: FUNC) is on The StockGuru Leader Board today. The stock closed up 21.95% on Thursday.
Volume was 139,425 shares traded.
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About the Company:
First United Corporation operates as the holding company for First United Bank & Trust that provides a range of retail and commercial banking services to businesses and individuals. It accepts various deposit products that include checking, savings, and money market accounts; regular and IRA certificates of deposit; Christmas savings accounts, college savings accounts, and health savings accounts. The companys loan portfolio comprises commercial loans primarily secured by real estate, commercial equipment, vehicles, or other assets of the borrower; commercial real estate loans; residential mortgage loans, including home equity lines of credit; residential real estate construction loans; indirect and direct auto loans; secured and unsecured lines of credit; and term loans. In addition, First United provides brokerage services; safe deposit and night depository facilities; insurance products; and trust services, including personal trust, investment agency accounts, charitable trusts, retirement accounts that include IRA roll-overs, 401(k) accounts and defined benefit plans, estate administration, and estate planning. It operates 28 banking offices, 1 call center, and 32 automated teller machines in Allegany, Frederick, Garrett, and Washington counties in Maryland; and in Berkeley, Mineral, Hardy, and Monongalia counties in West Virginia. The company was founded in 1900 and is headquartered in Oakland, Maryland.
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