First United (FUNC)

Overall impact
A (85)

Commentary

First United is a leader for overall positive impact. With an 'A' rating of 85.2 for overall impact (97th percentile compared to all companies), First United ranks 2nd out of 81 industry peers, behind Shore Bancshares, and ahead of American National Bankshares, Atlantic Capital Bancshares, Ameris Bancorp and 76 others. On top material causes for First United's industry (Banking), First United performs well in Lgbtq Equality (83.8 score), Sustainable Use of Natural Resources (95.4), Fair Labor Practices (80.2) and 8 other causes where it received an 'A' score. First United did not receive a 'D' or 'F' rating on any cause.
Impact
Cause FUNC
Peer rank
Overall impact

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Impact trend

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Company
Founded
1900
Employees
315
Sector
Financials
Industry
Banks
Sub-industry
Regional Banks
SASB industry
Commercial Banks
Headquarters
Md, United States
Share classes
FUNC
Description
First United Corporation operates as the bank holding company for First United Bank & Trust that provides various retail and commercial banking services to businesses and individuals in the United States. It operates through Community Banking and Wealth Management segments. The company offers various deposit products, such as checking, savings, money market, individual retirement (IRA), employee benefit, and health savings accounts; regular and IRA certificates of deposit; demand deposits; business and personal loans; lines of credit; commercial loans secured by real estate, commercial equipment, vehicles or other assets of the borrower; residential mortgages; real estate construction loans to builders and individuals for single family dwellings; and indirect and direct auto loans, student loans, and other secured and unsecured lines of credit and term loans. It also provides brokerage; treasury management, cash sweep, and various checking opportunities; trust services, including personal trust, investment agency accounts, charitable trusts, and estate administration and estate planning, as well as retirement accounts including IRA roll-overs, 401(k) accounts, and defined benefit plans; and safe deposit and night depository facilities, and insurance products. First United Corporation was founded in 1900 and is headquartered in Oakland, Maryland.
Material causes
Ethos considers the following causes material for First United, based on its industry sub-industry Regional Banks. Learn more about material causes in our methodology overview.

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