First United Corp is a Maryland corporation chartered in 1985 and a financial holding company. The Company provides complete range of retail and commercial banking services to businesses and individuals in its market areas. Services ...offered are essentially the same as those offered by the regional institutions includes checking, savings, money market deposit accounts, and certificates of deposit, business loans, personal loans, mortgage loans, lines of credit, and consumer-oriented retirement accounts including individual retirement accounts (IRAs) and employee benefit accounts. In addition, the Company provides full brokerage services through a networking arrangement with Cetera Investment Services, LLC., a full service broker-dealer. The Company also provides safe deposit and night depository faci...lities, and insurance products and trust services. It operates 25 banking offices, one call center and 28 Automated Teller Machines (ATMs) in Allegany County, Frederick County, Garrett County, and Washington County in Maryland, and in Berkeley County, Mineral County, and Monongalia County in West Virginia. The Compnay’s commercial loans are primarily secured by real estate, commercial equipment, vehicles or other assets of the borrower. Its residential mortgage portfolio is distributed between variable and fixed rate loans. The Company also provides residential real estate construction loans to builders and individuals for single family dwellings. The Company competes with commercial banks, savings and loan associations and credit unions for loans and deposits, with consumer finance companies for loans, and with other financial institutions for various types of products and services. The Company is subject to the banking laws of Maryland and to regulation by the Commissioner of Financial Regulation of Maryland.