Trust Department was First United’s largest product and service line in fiscal 2025, bringing in $9.82M of $18.43M (53%).
| Product and Service | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Trust Department | $8.24M | $8.28M | $9.09M | $9.82M | ||||
| Debit Card Income | $3.96M | $4.10M | $4.07M | $4.06M | ||||
| Service Charges On Deposit Accounts | $1.98M | $2.20M | $2.22M | $2.26M | ||||
| Brokerage Commissions | $1.05M | $1.16M | $1.45M | $1.45M | ||||
| Other Service Charges | $925.00K | $929.00K | $887.00K | $845.00K | ||||
| Total | $16.16M | $16.67M | $17.72M | $18.43M |
First United brought in $18.43M from its five product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 4.0% from $17.72M in fiscal 2024. Trust Department was the largest at $9.82M (53.3%), ahead of Debit Card Income at $4.06M (22.0%) and Service Charges On Deposit Accounts at $2.26M (12.2%). The other two lines brought in $2.29M combined.
Compared with fiscal 2024, Trust Department grew fastest, up 8.0% to $9.82M, while Other Service Charges fell the most, down 4.7% to $845.00K. From fiscal 2022 to 2025, combined revenue from these lines grew from $16.16M to $18.43M, a compound annual growth rate of 4.5%. Trust Department's share of the total rose from 51.0% to 53.3%.
First United (FUNC) reports its revenue by product and service. In fiscal 2025, Trust Department was its largest product and service line, bringing in $9.82M (53.3% of the total), followed by Debit Card Income at $4.06M (22.0%).
Trust Department was First United's largest product and service line in fiscal 2025, bringing in $9.82M, or 53.3% of the $18.43M total across its five product and service lines.
Among First United's product and service lines that make up at least 2% of revenue, Trust Department grew fastest in fiscal 2025, up 8.0% from $9.09M to $9.82M.
Every figure comes from First United's annual financial filings, as reported. Each line keeps the name First United gives it, and years follow its fiscal calendar.
First United's revenue by product and service goes back to fiscal 2018, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.