UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date of
Report (Date of earliest event reported): December 16,
2009
First United Corporation
(Exact
name of registrant as specified in its charter)
|
Maryland
|
|
0-14237
|
|
52-1380770
|
|
(State
or other jurisdiction of incorporation or organization)
|
|
(Commission
file number)
|
|
(IRS
Employer
Identification
No.)
|
19 South Second Street, Oakland, Maryland
21550
(Address
of principal executive offices) (Zip Code)
(301) 334-9471
(Registrant’s
telephone number, including area code)
N/A
(Former
Name or Former Address, if Changed Since Last Report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligations of the registrant under any of the following
provisions:
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
|
ITEM
5.02.
|
Departure
of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain
Officers.
|
(b) Appointment
of Officers.
At a
joint meeting of the Boards of Directors of First United Corporation (the
“Corporation”) and First United Bank & Trust (the “Bank”) held on December
16, 2009, and in connection with the previously-announced retirement of Robert
W. Kurtz as the President, Chief Risk Officer, Treasurer and Secretary of the
Corporation and the Bank, (i) the Chairman and Chief Executive Officer of the
Corporation and the Bank, William B. Grant, was also named President, (ii) the
Executive Vice President and Chief Financial Officer of the Corporation and the
Bank, Carissa L. Rodeheaver, was also named Treasurer and Secretary, and (iii)
the Senior Vice President and Director of Operations of the Corporation and the
Bank, Jason Rush, was also named Chief Risk Officer.
On
December 17, 2009, the Corporation issued a press release announcing that its
Board of Directors reduced the cash dividend on the common stock for the fourth
quarter of 2009 to $.10 per share from $.20 per share. A copy of the
press release is filed herewith as Exhibit 99.1 and is incorporated herein by
reference.
ITEM
8.01. Financial Statements and
Exhibits.
(d) Exhibits.
The exhibits filed with this report are
listed in the Exhibit Index that immediately follows the signatures hereto,
which Exhibit Index is incorporated herein by reference.
SIGNATURES
Pursuant to the requirements of Section
13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
| |
FIRST
UNITED CORPORATION |
|
| |
|
|
|
|
Dated: December
18, 2009
|
By:
|
/s/ Carissa
L. Rodeheaver, |
|
| |
|
Carissa
L. Rodeheaver, |
|
| |
|
Executive
Vice President and
Chief
Financial Officer
|
|
| |
|
|
|
EXHIBIT
INDEX
Exhibit
No. Description
99.1 Press
release dated December 17, 2009 (filed herewith).