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First United Bank & Trust
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Summary
location iconOakland, Maryland
company sizeCompany size: 201-500
total assetsTotal Assets: Up to $2B

First United Bank & Trust is a state chartered bank founded in 1900. First United Bank & Trust provides a broad range of personal and business banking services including personal loans, mortgages, auto loans, construction loans, business loans and financing, merchant services, credit cards, and other banking services, and trust and insurance services. First United Bank & Trustthe has location throughout Maryland in Garrett, Allegany, Washington and Frederick counties, and in West Virginia in Mineral, Hardy, Monongalia and Berkeley counties.

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First United Bank & Trust - Recent News & Articles

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12 Apr, 2023
These 15 Banks Have a Risky Specialty. It Isn’t a Problem—So Far.

Regional banks have received merciless scrutiny since the collapse of Silicon Valley Bank on March 10. Uninsured deposits and cash levels have been we...

Source: Barron's
16 Feb, 2024
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Hindenburg’s latest short target Temenos rejects allegations as share price tumbles

Temenos shares were down over 6% on Friday after closing over 28% lower on Thursday. The Swiss software company said its board of directors “fundament...

Source: CNBC
31 Jan, 2024
New York Community Bancorp’s stock crushed on surprise loss, dividend cut and cost of two loans

New York Community Bancorp Inc.’s stock lost more than a third of its value Wednesday in its steepest one-day drop ever, after it posted a surprise lo...

Source: MarketWatch
6 Jan, 2024
Is private credit a systemic risk?

Back in November, UBS chair Colm Kelleher predicted that the next financial crisis would happen in shadow banking — delightfully infuriating Apollo’s ...

11 Nov, 2023
China’s ICBC, the world’s biggest bank, hit by cyberattack that reportedly disrupted Treasury markets

The U.S. financial services division of Chinese bank ICBC was hit by a cyberattack that reportedly affected the trade of U.S. Treasurys. ICBC, the wor...

Source: CNBC
21 Oct, 2023
Big banks are quietly cutting thousands of employees, and more layoffs are coming

Even as the economy has surprised forecasters with its resilience, lenders have cut headcount or announced plans to do so, with the key exception bein...

Source: CNBC
18 Sep, 2023
FedNow Has Launched As Blockchain Innovation Delivers Next-Gen Instant Payments

The U.S. Federal Reserve launched FedNow in July, the first government real-time payment system in the U.S. The service allows banks and credit unions...

Source: Forbes
12 Sep, 2023
$7.6 trillion of publicly held U.S. government debt matures in next 12 months. What does the Treasury do next?

Close to a third of all publicly-held, outstanding U.S. government debt is set to mature in the next 12 months, raising questions about where Treasury...

Source: MarketWatch
12 Sep, 2023
Banks Load Up on $1.2 Trillion in Risky ‘Hot’ Deposits

U.S. banks collectively held more than $1.2 trillion in brokered deposits in the second quarter, according to a Wall Street Journal analysis of data f...

5 Sep, 2023
How big banks won the banking crisis

The collapse of Silicon Valley Bank and the US regional banking crisis that followed earlier this year had major economic and regulatory repercussions...

Source: CNN