First United is headquartered in DURANT and is the 3rd largest bank in the state of Oklahoma. It is also the 116th largest bank in the nation. It was established in 1900 and as of June of 2024, it had grown to 1,878 employees at 83 locations. First United has a B health rating.
First United Mortgage refused to issue a check to my insurance company because my last name had changed after I closed on my loan. My first, second name was same but my married name changed back to my maiden name. Oh, and actually the mortgage company refused for months and the only way I found out they're holding back paying my mortgage insurance was the insurance agent phoned me and said in one week your policies will all cancel for lack of payment. After submitting my (personal) info - a divorce paper and my original birth cert, ssn, other ID's etc, the bank finally paid my insurance.
ThEN they proceeded to CHANGE my DEED with Tulsa County and add my HUSBAND to my deed, although it was my house! (My husband and I got a divorce finalized after I bought my house.)
Then, First United Mortgage somehow contacted the Tax Assessors and my deed had both of our names on it, although I bought the house with my own money, my own loan, my own credit. So, to get this all fixed, it took months and months because Tulsa County treated it as if I was trying to "cheat" my x-husband. I had to get a lawyer to straighten the mess out. I will never buy another home but I would not recommend this mortgage company, i've had other problems as well. Too much to list.
Overall | |
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FDIC Certificate # | 4239 |
Year Established | 1900 |
Employees | 1878 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.59% |
Return on Equity - YTD | 7.09% |
Annual Interest Income | $458.3MM |
Assets and Liabilities | ||
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Assets | Q2 2024vs Q2 2023 | $16.43B$15.64B |
Loans | Q2 2024vs Q2 2023 | $12.58B$11.99B |
Deposits | Q2 2024vs Q2 2023 | $12.13B$12.59B |
Equity Capital | Q2 2024vs Q2 2023 | $1.38B$1.35B |
Loan Loss Allowance | Q2 2024vs Q2 2023 | $136.6MM$124.7MM |
Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $131.5MM$33.5MM |
Real Estate Owned | Q2 2024vs Q2 2023 | $3.3MM$3.2MM |
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