My Bank Minute

 A Message from Carissa Rodeheaver, President and CEO

2023 was a challenging year as we experienced industry turmoil, the impact of the rapidly increased rate environment and strong deposit competition. Despite these challenges, we were able to limit the impact to our margin, achieve strong loan growth, maintain strong asset quality, and execute several strategic items.

In the fourth quarter, we accomplished a balance sheet restructuring and announced the consolidation of our branch network. While these strategies had a short-term impact on our fourth quarter and year-to-date earnings, they position us well for greater efficiency and more positive ongoing future earnings. I am proud of our associates and their continued commitment to providing customized financial solutions to our clients resulting in a strong 2023 total shareholder return of 23.6%. Our team has successfully assisted our customers in navigating this volatile and unpredictable financial environment.

Income Statement Data Year End 2023
Total Assets Over 5 years as of March 1, 2024
Deposits 5 years as of March 1, 2024
Gross Loans 5 years as of March 1, 2024
Capital over 5 years as of March 1, 2024
Stock Price data as of March 1, 2024
Data as of March 1, 2024

2024 Financial Wellness

Start the new year on the right foot when it comes to managing your money.

From simple budgets to portfolio building, analyze your financial wellness with our wellness assessment and more!

  • Take a step back, evaluate your spending, budgeting, and saving habits so you can reflect on how you currently manage personal finances.
  • Address your individual financial decisions and goals, then get recommendations on areas to improve and how to get started.
  • Access our online resources, a collection curated specifically to help people gain financial freedom.
red corner

Save the Date!

Shareholder Appreciation Reception

As a valued member of this corporation, we invite you to attend a special Shareholder Appreciation reception.
Spend time with your local Advisors, enjoy refreshments and more. We look forward to seeing you there!

Choose a date or convenient location that works best:

  • April 17, 2024 | East Region
    Musket Ridge Golf Club
    3555 Brethren Church Road, Myersville, MD
    4:00 p.m. – 6:00 p.m.
  •  

  • April 30, 2024 | Central & West Region
  • Ace’s Run Restaurant & Pub
    20160 Garrett Highway, Oakland, MD
    4:00 p.m. – 6:00 p.m.

Kindly RSVP

To reserve your spot, contact Susan Beeghly at 301-533-2261 or via email at sbeeghly@mybank.com.

Banking for a Better Tomorrow.

Personal & Business Deposit Options

We value your investment and would love to discuss the highlights about our personal product offerings.

Secure Products
to fit your lifestyle

Many of our deposit accounts offer special savings for shareholders, and all of them can be accessed anytime, using our online or mobile banking solutions.

Mobile Phone YouFirst Options

Digital Banking
bank when you want

The features and benefits that come with our checking accounts are the most unique in the marketplace.

All Earnings

Easily access our press releases electronically to easily view all quarterly earnings while reducing paper and waste.

Corporate Profile

View or download our company snapshot for easy reference.

Investor Relations Website

Our Investor website has all the information an investor may need, from our corporate overview to full financial reporting.

FUNC Stock Quote

Get our daily closing price, download a historic summary and view other highlights in the designated stock section of our Investor website.

Executive Team

Carissa Rodeheaver - Chairman of the Board, President and CEO
Chief Executive Officer, President & Chairman of the Board

Carissa L. Rodeheaver

Tonya Sturm - Senior Vice President, Chief Financial Officer, Secretary and Treasurer
Senior Vice President, Chief Financial Officer, Secretary and Treasurer

Tonya K. Sturm

Keith Sanders - Senior Vice President, Chief Wealth Officer
Senior Vice President, Chief Wealth Officer

Keith Sanders

Jason Rush, Senior Vice President, Chief Operating Officer
Senior Vice President, Chief Operating Officer

Jason B. Rush

RL Fisher - Senior Vice President, Chief Revenue Officer
Senior Vice President, Chief Revenue Officer

R.L. Fisher

Carissa Rodeheaver - Chairman of the Board, President and CEO

Chief Executive Officer, President & Chairman of the Board

Carissa L. Rodeheaver

  • Certified Public Accountant, ABA and MBA with 29-year career at First United and in-depth industry, company, and operational experience
  • Involvement in community activities, including board seats at Garrett College Foundation and Garrett Development Corporation

 

1-888-692-2654

Oakland Main Office
19 South Second St.
Oakland, MD 21550

Tonya Sturm - Senior Vice President, Chief Financial Officer, Secretary and Treasurer

Senior Vice President, Chief Financial Officer, Secretary and Treasurer

Tonya K. Sturm

  • 35 years of extensive banking, audit, credit, retail, risk and compliance and financial experience
  • Serves on Advisory Councils for both the American & Maryland Bankers’ Associations and involved in the Garrett County community as a board member for multiple organizations

 

1-888-692-2654

Oakland Main Office
19 South Second St.
Oakland, MD 21550

 

 

Keith Sanders - Senior Vice President, Chief Wealth Officer

Senior Vice President, Chief Wealth Officer

Keith Sanders

  • 28 years of experience specializing in Wealth management, estate planning, trust administration and financial planning
  • Serves on the Maryland Bankers Association’s Government Relations Committee and Trust Committee and involved in the Garrett County community as a senior leader for several organizations

 

1-888-692-2654

Oakland Main Office
19 South Second St.
Oakland, MD 21550

Jason Rush, Senior Vice President, Chief Operating Officer

Senior Vice President, Chief Operating Officer

Jason B. Rush

  • 27 years with in-depth industry, retail, risk and compliance and operations experience
  • Serves on the Maryland Bankers Association’s Government Relations Committee and involved in the Garrett County community as a board member for multiple organizations

 

1-888-692-2654

Oakland Main Office
19 South Second St.
Oakland, MD 21550

RL Fisher - Senior Vice President, Chief Revenue Officer

Senior Vice President, Chief Revenue Officer

R.L. Fisher

  • 25+years with in-depth industry, retail, commercial and mortgage banking experience
  • Serves a board member of the Salvation Army of Washington County

 

1-888-692-2654

Oakland Main Office
19 South Second St.
Oakland, MD 21550

If you have questions about these financial highlights, earnings or other investment related topics

Contact Us