OAKLAND, Md., June 18 /PRNewswire-FirstCall/ -- The Board of Directors of First United Corporation, a one-bank holding company headquartered in Oakland, Maryland, declared a cash dividend of $0.20 per share at its board meeting on June 18, 2008. The dividend will be payable on August 1, 2008 to shareholders of record as of July 14, 2008.
First United Corporation operates one full-service commercial bank, First United Bank & Trust. The bank has a network of community offices in Garrett, Allegany, Washington, and Frederick Counties in Maryland, as well as Mineral, Hardy, Berkeley and Monongalia Counties in West Virginia. First United's website can be located at http://www.mybankfirstunited.com/. As of March 31, 2008, the Corporation posted assets of $1.57 billion.