First United Corporation Declares Cash Dividend

OAKLAND, Md., March 19 /PRNewswire-FirstCall/ -- The Board of Directors of First United Corporation, a one-bank holding company headquartered in Oakland, Maryland, declared a cash dividend of $0.20 per share at its board meeting on March 19, 2008. The dividend will be payable on May 1, 2008 to shareholders of record as of April 14, 2008.

First United Corporation (NASDAQ:FUNC) operates one full-service commercial bank, First United Bank & Trust. The bank has a network of community offices in Garrett, Allegany, Washington, and Frederick Counties in Maryland, as well as Mineral, Hardy, Berkeley and Monongalia Counties in West Virginia. First United's website can be located at http://www.mybankfirstunited.com/. As of December 31, 2007, the Corporation posted assets of $1.5 billion.

First Call Analyst:
FCMN Contact:

Source: First United Corporation

CONTACT: Carissa Rodeheaver of First United Corporation,
+1-301-533-2362, Fax, +1-301-334-5784

Web site: http://www.mybankfirstunited.com/

2008-03-19 16:44:31 0316734 PRNEWSWIRE