On January 23, 2020, Driver Management Company LLC announced that it has posted materials to renovatemybank.com. Driver Management stated that it intends to file a preliminary proxy statement and accompanying its proxy card with the Securities and Exchange Commission to be used to solicit votes for the election of its slate of director nominees; Michael J. Driscoll, Ethan C. Elzen, and Lisa Narrell-Mead at the 2020 annual meeting of stockholders of First United Corporation.