First United Corp/md/ (FUNC): Elaine L Mcdonald , director of First United Corp/md/ purchased 342 shares on May 16, 2016. The Insider buying transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were purchased at $10.81 per share for a total value of $3,697.02 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 18, 2015, Carissa Lynn Rodeheaver (President) purchased 3,000 shares at $10.22 per share price.On Dec 8, 2015, Jason Barry Rush (SVP & Director of Operations) purchased 4,300 shares at $10.23 per share price.Also, On Nov 13, 2015, Elaine L Mcdonald (director) purchased 1,100 shares at $10.00 per share price.On Aug 24, 2015, M Kathryn Burkey (director) purchased 2,184 shares at $8.33 per share price.
Shares of First United Corp (FUNC) ended Monday, May 16, 2016 session in red amid volatile trading. The shares closed down -0.28 points or -2.59% at $10.53 with 5,345 shares getting traded. Post opening the session at $10.81, the shares hit an intraday low of $10.53 and an intraday high of $10.81 and the price vacillated in this range throughout the day. The company has a market cap of $66 M and the number of outstanding shares has been calculated to be 62,54,620 shares. The 52-week high of First United Corp is $11.89 and the 52-week low is $7.91.
First United Corporation is a bank holding company. The Company’s primary business is serving as the parent company of First United Bank & Trust (the Bank) First United Statutory Trust I First United Statutory Trust II and First United Statutory Trust III. The Bank is an independent community bank providing a range of retail and commercial banking services to businesses and individuals in its market areas. The Bank offers services such as checking savings money market deposit accounts and certificates of deposit business loans personal loans mortgage loans lines of credit and consumer-oriented retirement accounts including individual retirement accounts (IRAs) and employee benefit accounts. In addition the Bank provides full brokerage services through a networking arrangement with Cetera Investment Services LLC. a broker dealer. The Bank also provides safe deposit and night depository facilities insurance products and trust services.