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East Panhandle Times

Thursday, November 21, 2024

Executive Alliance Recognizes First United Corporation as a Gender-diverse Company in Maryland

Executive Alliance recently named First United Corporation to the 20/20 Honor Roll: Gender Diversity in Maryland.

The Executive Alliance celebrates gender diversity in Maryland’s boardrooms and promotes women leader in Maryland by highlighting companies that include at least 20% women in their executive leadership and boards of directors. Honor Roll companies include publicly traded companies headquartered in Maryland, the largest hospitals, colleges and universities and nonprofit organizations.

“It is an honor to be recognized by Executive Alliance for another year,” commented Carissa L. Rodeheaver, First United Chairman of the Board, Chief Executive Officer, and President.  “Our Board and leadership team take diversity and inclusion seriously. Having an equal split of gender representation on our Board, our leadership team is similarly diverse. This diversity has been essential to our role in executing our corporate strategy and managing risk.  Mentorship is a natural component of our culture and provides our associates with opportunities for advancement and leadership.”

For a full list of the 48 companies being honored, visit executivealliance.org/event/20-20-honor-roll-gender-diversity-in-maryland-3.

ABOUT FIRST UNITED CORPORATION

First United Corporation is the parent company of First United Bank & Trust, a Maryland trust company with commercial banking powers (the "Bank"), and two statutory trusts that were used as financing vehicles.  The Bank has four wholly-owned subsidiaries: OakFirst Loan Center, Inc., a West Virginia finance company; OakFirst Loan Center, LLC, a Maryland finance company; First OREO Trust, a Maryland statutory trust that holds and services real estate acquired by the Bank through foreclosure or by deed in lieu of foreclosure; and FUBT OREO I, LLC, a Maryland company that likewise holds and services real estate acquired by the Bank through foreclosure or by deed in lieu of foreclosure. The Bank also owns 99.9% of the limited partnership interests in Liberty Mews Limited Partnership; a Maryland limited partnership formed for the purpose of acquiring, developing, and operating low-income housing units in Garrett County, Maryland.  First United Corporation's website is www.mybank.com.

About Executive Alliance (executivealliance.org) is a statewide not-for-profit organization in Maryland composed of professional executive women. The organization initiates, supports and engages in activities to promote the advancement of women in professional and executive positions. Executive Alliance promotes the placement of women on corporate boards and educates the public on the benefits of having women in decision-making positions. Members serve as role models and mentors to women seeking to advance their careers.

Original source can be found here

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