First United Corp.
- FUNC · Nasdaq
- National Commercial Banks
- Oakland, MD
- 343 employees
- CIK 0000763907
Updated from SEC filings through
Top things to know
Executives
- Jason Barry Rush Chairman, President & CEO 4, 2026-08-05
-
Tonya K. Sturm EVP & CFO 4, 2026-08-05 - Robert L. Fisher II EVP & Chief Banking Officer 4, 2026-07-29
-
Keith Sanders EVP & Chief Wealth Officer 4, 2026-07-27 -
Julie W. Peterson SVP & Chief Credit Officer 4, 2026-03-10 - Anthony James Tasker SVP & COO 4, 2026-03-10
First United Corp is a U.S. public company in national commercial banks (SIC 6021), headquartered in Oakland, MD. It trades as FUNC on Nasdaq. Revenue was $18.4M in the fiscal year ending December 31, 2025, +4.0% from the year before. It reported about 343 employees. Jason Barry Rush is Chairman, President & CEO.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $18.4M 10-K, 2026-03-10 | $17.7M 10-K, 2026-03-10 | $16.7M 10-K, 2025-03-20 | $16.2M 10-K, 2024-03-15 | $16.1M 10-K, 2023-03-24 |
| Operating income | Not on file | Not on file | Not on file | Not on file | Not on file |
| SG&A | Not on file | Not on file | Not on file | Not on file | Not on file |
| Net income | $24.5M 10-K, 2026-03-10 | $20.6M 10-K, 2026-03-10 | $15.1M 10-K, 2025-03-20 | $25.0M 10-K, 2024-03-15 | $19.8M 10-K, 2023-03-24 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Jason Barry Rush President & Chief Executive Officer | Chairman, President & CEO | 4, 2026-08-05 |
| Tonya K. Sturm | EVP & CFO | 4, 2026-08-05 |
| Robert L. Fisher II | EVP & Chief Banking Officer | 4, 2026-07-29 |
| Keith Sanders Chief Wealth Officer at First United Bank & Trust | EVP & Chief Wealth Officer | 4, 2026-07-27 |
| Keith R. Sanders | Named in proxy bio: Executive Vice President and Chief Wealth Officer | DEF 14A, 2026-03-25 |
| Anthony “AJ” Tasker | Named in proxy bio: Senior Vice President and Chief Operating Officer | DEF 14A, 2026-03-25 |
| Julie W. Peterson Executive Vice President and Chief Credit Officer | SVP & Chief Credit Officer | 4, 2026-03-10 |
| Anthony James Tasker | SVP & COO | 4, 2026-03-10 |
What First United Corp does
First United Corporation is a Maryland corporation chartered in 1985 and a bank holding company registered with the Board of Governors of the Federal Reserve System (the “FRB”) under the Bank Holding Company Act of 1956, as amended, that elected financial holding company status in 2021.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 6.5 million (as of October 31, 2026) | 10-Q, November 3, 2026 |
|---|---|---|
| Public float | $179M (as of June 30, 2025) | 10-K, March 10, 2026 |
| Reportable segments | 2 (period ending September 30, 2026) | 10-Q, November 3, 2026 |
| Latest proxy statement | Meeting May 7, 2026 (filed March 25, 2026) | DEF 14A, March 25, 2026 |
| Auditor | Crowe LLP (Franklin, Tennessee) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| November 3, 2026 | Irvin Robert Rudy Director | Sale | 1,000 | $46K | Form 4, November 3, 2026 |
| November 2, 2026 | Jason Barry Rush Chairman, President & CEO | Buy | 68 | $3K | Form 4, November 3, 2026 |
| November 2, 2026 | Tonya K. Sturm EVP & CFO | Buy | 3 | $122.577 | Form 4, November 3, 2026 |
| November 2, 2026 | Brian R. Boal Director | Buy | 79 | $4K | Form 4, November 3, 2026 |
| August 3, 2026 | Jason Barry Rush Chairman, President & CEO | Buy | 64 | $3K | Form 4, August 5, 2026 |
| August 3, 2026 | Tonya K. Sturm EVP & CFO | Buy | 2 | $113.225 | Form 4, August 5, 2026 |
| August 3, 2026 | Brian R. Boal Director | Buy | 74 | $3K | Form 4, August 5, 2026 |
| July 28, 2026 | Robert L. Fisher II EVP & Chief Banking Officer | Sale | 5,250 | $238K | Form 4, July 29, 2026 |
Recent 8-K events
- 8-K filed 2026-10-19
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-09-29
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-09-24
- Item 8.01 Other events
- 8-K filed 2026-07-20
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-06-22
- Item 8.01 Other events
- 8-K filed 2026-05-28
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-05-11
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-07
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-04-21
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-03-12
- Item 5.02 Departure or appointment of directors or officers; compensation
Frequently asked questions about First United Corp
- What does First United Corp do?
- In its own words, from Item 1 of its 10-K: "First United Corporation is a Maryland corporation chartered in 1985 and a bank holding company registered with the Board of Governors of the Federal Reserve System (the “FRB”) under the Bank Holding Company Act of 1956, as amended, that elected financial holding company status in 2021."
- What is First United Corp's revenue?
- $18.4M for the fiscal year ending December 31, 2025, from its 10-K filed March 10, 2026.
- Is First United Corp profitable?
- First United Corp reported net income of $24.5M for the fiscal year ending December 31, 2025.
- How many employees does First United Corp have?
- About 343 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of First United Corp?
- Jason Barry Rush, Chairman, President & CEO, as named in a 4 filed August 5, 2026.
- Who is the CFO of First United Corp?
- Tonya K. Sturm, EVP & CFO, as named in a 4 filed August 5, 2026.
- Where is First United Corp headquartered?
- Oakland, MD.
- What is First United Corp's stock ticker?
- FUNC on Nasdaq.
- What industry is First United Corp in?
- National Commercial Banks, SIC code 6021.
- What is First United Corp's website?
- mybank.com.
- When does First United Corp report earnings next?
- January 18, 2027. Source: estimate_8k_pattern.
- Is First United Corp a public company?
- Yes. First United Corp files with the SEC under CIK 0000763907 and trades as FUNC.
- Who audits First United Corp?
- Crowe LLP, Franklin, Tennessee, as named in its latest annual report (10-K).
- How many shares of First United Corp are outstanding?
- 6.5 million shares as of October 31, 2026, from its 10-Q filed November 3, 2026.
- What is First United Corp's public float?
- $179M as of June 30, 2025, as reported on the cover of its 10-K filed March 10, 2026.
- How many business segments does First United Corp report?
- 2 reportable segments for the period ending September 30, 2026, from its 10-Q filed November 3, 2026.
- When is First United Corp's annual shareholder meeting?
- May 7, 2026, per its proxy statement (DEF 14A) filed March 25, 2026.
- Have First United Corp insiders traded stock recently?
- Since August 4, 2025, officers and directors reported 6 open-market sales worth about $622K and 21 purchases worth about $62K on Forms 4 and 5. The most recent: Irvin Robert Rudy (Director) sold 1,000 shares on November 3, 2026.