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Declares Cash Dividend - 09/18/2008
OAKLAND, MARYLAND, September 18, 2008 -- 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 September 17, 2008. The dividend will be payable on November 1, 2008 to shareholders of record as of October 13, 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 www.mybankfirstunited.com. As of June 30, 2008, the Corporation posted assets of $1.59 billion.

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