First United Bank & Trust is headquartered in Oakland and is the 7th largest bank in the state of Maryland. It is also the 588th largest bank in the nation. It was established in 1900 and as of June of 2020, it had grown to 290 employees at 25 locations. First United Bank & Trust has an A health rating.
I couldn’t been happier to have found First United Bank (thanks to a recommendation from my CPA). They are great to work with! Immediate response, they listen to your needs and come up with solutions, and solutions I like! They are nimble and personable, I don’t feel the weight of a huge pyramid of decision makers, things happen quickly. I’ve been working with large and small banks for the past 20 years, and I’m planning on transferring all my accounts to First United. Stellar!
Bank has failed history of exercising due diligence as a bank custodians maintaining the safety of clients accounts. Branch Managers who deceive or mislead either deliberately or inadvertently the banks operating procedures reassuring client’s funds are safe with First United Bank & Trust, perceptually misleading and deceptive, not illegal but unfair immoral, unethical, and oppressive financial business practice.
|FDIC Certificate #||4857|
|Return on Assets - YTD||0.62%|
|Return on Equity - YTD||6.59%|
|Annual Interest Income||$30.5MM|
|Assets and Liabilities|
|Assets||Q2 2020vs Q2 2019||$1.63B$1.39B|
|Loans||Q2 2020vs Q2 2019||$1.18B$991.6MM|
|Deposits||Q2 2020vs Q2 2019||$1.35B$1.13B|
|Equity Capital||Q2 2020vs Q2 2019||$143.0MM$141.9MM|
|Loan Loss Allowance||Q2 2020vs Q2 2019||$17.0MM$12.0MM|
|Unbacked Noncurrent Loans||Q2 2020vs Q2 2019||$11.2MM$13.1MM|
|Real Estate Owned||Q2 2020vs Q2 2019||$3.9MM$5.5MM|
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