First United Bank is a privately held, family-owned banking institution founded in 1900. Headquartered in Durant, Oklahoma, the bank started as Durant National Bank and officially became First United Bank in 1998. It is one of the larger banking organizations in the Southwest, with total assets of $16.3 billion and approximately 1,945 employees. The bank operates more than 85 locations across Oklahoma and Texas.
First United Bank operates as a community bank focused on consumers and small-to-mid-sized businesses. Its primary services include personal and commercial banking, such as checking and savings accounts, loans, and treasury management. The company also offers mortgage lending, insurance products for individuals and businesses, and wealth management services, which encompass investment management, trust services, and retirement planning.
The company's patent litigation posture is that of an operating company defending against patent assertions. Based on the provided data, First United Bank has been a defendant in one patent case and has no record of acting as a plaintiff. This pattern is characteristic of a company in a productive industry being targeted by a patent monetization entity.
The single tracked case is Authentixx LLC v. First United Bank, filed in the U.S. District Court for the Western District of Texas in April 2023. In this matter, First United Bank is the defendant, protecting its operations against a patent infringement claim brought by Authentixx LLC.