FIRST UNITED CORP/MD/ FILES (8-K) Disclosing Other Events, Financial Statements and Exhibits

Item 8.01. Other Events.

On December 22, 2021, First United Bank & Trust (the "Bank"), the wholly-owned
bank subsidiary of First United Corporation (the "Corporation"), established
First United Dreams Foundation, Inc., a Maryland non-stock corporation (the
"Foundation"). The Foundation was established for the purposes of providing
funding and support to charitable organizations and engaging in other charitable
activities, including by making grants and other contributions to qualifying
organizations in and around the communities served by the Bank and by funding
and/or providing financial literacy education for persons who live, work,
worship, and/or go to school in such communities. The Foundation intends to seek
tax-exempt status as a private foundation under Section 501(c)(3) of the
Internal Revenue Code of 1986, as amended. On December 23, 2021, the Corporation
made a $1 million charitable donation to the Foundation, which it funded using a
portion of the previously-reported $1.375 million in insurance proceeds received
in December 2021 from its prior directors and officers liability insurer.

Item 9.01. Financial Statements and Exhibits.

 (d) Exhibits.

The exhibits filed or furnished with this report are listed in the following
Exhibit Index:

Exhibit No. Description

104 Cover page interactive data file (embedded within the iXBRL document)