First United Corp. of Oakland, Md., announced it has bought an insurance agency, its first such transaction.

Last week the $667 million-asset banking company, the parent of First United Bank and Trust, bought Gonder Agency, also of Oakland. Terms were not disclosed.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.