-
First Horizon National in Memphis, Tenn., will record an $11.6 million expense in the third quarter, after an arbitration panel officially ruled against it in a securities-related dispute with First United Corp. in Oakland, Md.
November 3 -
First United in Oakland, Md., will exit the Troubled Asset Relief Program after winning an auction to repurchase a warrant from the U.S. Treasury Department.
May 21 - North Carolina
BB&T will close a loan-processing center in Hagerstown, Md., which it obtained from its acquisition of Susquehanna Bancshares.
September 18
First United Corp. in Oakland, Md., has named Carissa Rodeheaver chairman and chief executive.
Rodeheaver will succeed William Grant on Dec. 31, the $1.3 billion-asset First United said in a Friday regulatory filing. Rodeheaver is currently president of both First United Corp. and First United Bank & Trust and she will retain those titles after her promotion.
Rodeheaver has worked for First United Bank & Trust since 1992, in a variety of roles. She had been chief financial officer until June, when Tonya Sturm was appointed to the position. Rodeheaver has been a company director since 2012.
Grant has more than 36 years of experience in the banking industry and has been a First United director since 1995.
First United Bank & Trust has 25 branches in western Maryland and West Virginia.
