A Comprehensive Guide to First United Bank in Sherman, TX

First United Bank, a reputable financial institution established in 1991, has a firm foothold in Sherman, TX, providing various banking services to the local community. With the goal of empowering customers with unwavering support and financial solutions, the bank has consistently exceeded expectations.

Services Offered by First United Bank in Sherman, TX

First United Bank in Sherman, TX, offers a comprehensive suite of services tailored to meet the diverse financial needs of its customers.

Personal Banking

• Checking and Savings Accounts
• Certificate of Deposits (CDs)
• Money Market Accounts
• Personal Loans
• Credit Cards
• Home Equity Loans
• Investment Services

Business Banking

• Business Checking and Savings Accounts
• Lines of Credit
• Commercial Loans
• Merchant Services
• Cash Management Services
• Business Insurance

Wealth Management

• Trust Services
• Estate Planning
• Investment Management
• Retirement Planning

Hours of Operation and Location

First United Bank in Sherman, TX, is conveniently located at 101 West Lamar Street, Sherman, TX 75090. The bank's hours of operation are as follows:

• Monday: 8:00 AM - 5:00 PM
• Tuesday: 8:00 AM - 5:00 PM
• Wednesday: 8:00 AM - 5:00 PM
• Thursday: 8:00 AM - 5:00 PM
• Friday: 8:00 AM - 6:00 PM
• Saturday: 9:00 AM - 1:00 PM (Drive-Thru Only)
• Sunday: Closed

Contact Information

For any inquiries or to schedule an appointment, you can contact First United Bank in Sherman, TX, through the following channels:

• Phone: (903) 893-2130
• Email: [email protected]
• Website: www.firstunitedbank.com

Financial Strength and Stability

First United Bank in Sherman, TX, maintains a robust financial position with a consistent track record of profitability and stability. According to the FDIC, the bank has a 5-star rating, indicating its exceptional financial health.

Key Financial Figures

• Total Assets: $2.6 billion
• Total Deposits: $2.1 billion
• Total Loans: $1.7 billion
• Net Income: $35.1 million
• Tier 1 Capital Ratio: 12.3%

Community Involvement

First United Bank in Sherman, TX, is committed to giving back to the community it serves. The bank actively participates in local events, sponsors charitable organizations, and supports initiatives that enhance the lives of residents.

Tips and Tricks for Banking with First United Bank

• Take advantage of online banking: Enjoy the convenience of managing your accounts, paying bills, and transferring funds from the comfort of your home through First United Bank's secure online banking platform.
• Enroll in mobile banking: Access your accounts, deposit checks, and make payments anytime, anywhere using the First United Bank mobile app.
• Utilize the drive-thru services: Save time and avoid long lines by using the drive-thru teller lanes for quick transactions and ATM withdrawals.
• Consider a personal loan or home equity loan: These loans can provide access to funds for unexpected expenses, home improvements, or debt consolidation.
• Open a business checking account: Manage your business finances efficiently with a business checking account tailored to meet the needs of your enterprise.

Compare Pros and Cons of First United Bank

Pros:

• Strong financial performance and stability
• Wide range of banking services
• Convenient location and extended hours of operation
• Active community involvement
• Mobile and online banking for easy account management

Cons:

• Limited number of physical branches compared to national banks
• Fees may apply for certain services, such as wire transfers or cashier's checks

FAQs About First United Bank

1. What is the phone number for First United Bank in Sherman, TX?
- (903) 893-2130

2. What are the hours of operation for the bank?
- Monday - Friday: 8:00 AM - 5:00 PM
- Saturday: 9:00 AM - 1:00 PM (Drive-Thru Only)
- Sunday: Closed

3. Does First United Bank offer online banking?
- Yes, First United Bank offers secure online banking services.

4. How can I apply for a loan from First United Bank?
- You can apply for a loan online, by phone, or in person at a branch location.

5. What is the Tier 1 Capital Ratio of First United Bank?
- 12.3%

6. Does First United Bank have a mobile app?
- Yes, First United Bank offers a mobile app for iOS and Android devices.