First United Corporation Announces Third Quarter Dividend

OAKLAND, Md., June 23 /PRNewswire-FirstCall/ -- The Board of Directors of First United Corporation (Nasdaq:  FUNC), the parent company of First United Bank & Trust, declared a third quarter cash dividend of $.010. The third quarter dividend will be paid on August 2, 2010 to shareholders of record as of July 14, 2010.  

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995.  Readers should be aware of the speculative nature of "forward-looking statements".  Statements that are not historical in nature, including those that include the words "anticipate", "estimate", "should", "expect", "believe", "intend", and similar expressions, are based on current expectations, estimates and projections of First United Corporation, and they are not guarantees of future performance.  Whether actual results will conform to expectations and predictions is subject to known and unknown risks and uncertainties.  Consequently, all of the forward-looking statements made herein are qualified by these cautionary statements, and there can be no assurance that the actual results anticipated will be realized, or if substantially realized, will have the expected consequences on First United Corporation's business or operations.  These and other risks are discussed in detail in the periodic reports that First United Corporation files with the Securities and Exchange Commission.  

About First United Corporation

First United Corporation 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 www.mybank4.com.  As of March 31, 2010, the Corporation posted assets of $1.78 billion.  

SOURCE First United Corporation

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