First United's CEO William Grant Talks to The Wall Street Transcript.Business Editors NEW YORK--(BUSINESS WIRE)--Feb. 26, 2001 The Wall Street Transcript has published an in-depth interview with William Grant For other persons named William Grant, see William Grant (disambiguation). Sir William Grant (October 13 1752 – May 23 1832) was an British lawyer, Member of Parliament from 1790–1812 and Master of the Rolls from 1801–1817. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of First United (Nasdaq:FUNC FUNC Function/Functional FUNC Functionalist ), in which he talks at length about the company's future. The entire 2,600-word interview is available free online at http://www.twst.com/ceos.htm Grant gives an overview of the company. "First United Corporation traces its roots back to the First National Bank of Oakland, which was organized in 1900. Today, First United Corporation is a one-bank holding company, does business in four counties in Maryland This is a list of the twenty-four counties and county-equivalents in the U.S. state of Maryland. Though an independent city rather than a county, the City of Baltimore is considered the equal of a county for most purposes and is a county-equivalent. , four counties in West Virginia List of 55 counties in the U.S. state of West Virginia: State Abbr. FIPS State Code State WV 54 West Virginia FIPS County Code County Name 001 Barbour County 003 Berkeley County 005 Boone County 007 Braxton County 009 Brooke County 011 Cabell County . It's lead bank is First United Bank and Trust, which also owns an insurance agency, Gonder Insurance Agency, and also owns a finance company, OakFirst Loan Center." Grant explains, "We've put together good sustained earnings growth year in, year out, good asset quality, consistent dividend. The dividend goes up each year. Right now, based on the price of the stock, it's a fabulous yield of probably 5.5% to 6%." Looking forward, Grant states, "We would like to see a greater share of the market in some of the growth markets that we are aiming at and that would be Washington and Frederick County, Maryland Frederick County is located in the western part of the U.S. state of Maryland, bordering the southern border of Pennsylvania and the northeastern border of Virginia. It is a part of the Washington-Baltimore Metropolitan Area, and is often recognized as part of Western Maryland. , and certainly Berkeley County Berkeley County is the name of two counties in the United States:
This interview is part of a 143-page Eastern Regional Banks Issue available at http://www.twst.com/info/info291.htm or by calling 212/952-7433. The Wall Street Transcript is a premier weekly investment publication serving serious long-term investors for over 38 years. The Wall Street Transcript has launched a new free service where investors can ask First United (or any public company) a question at http://www.qawire.com. Serious investors may now receive free email alerts containing links to TWST articles whenever TWST publishes an interview on the companies they follow by using the new Alerts.com service available at http://www.twst.com/alerts.html. The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations. For subscription information call 800/246-7673. |
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