United States · Financial institution
First United Bank and Trust Company
First United Bank and Trust Company is a state-chartered commercial bank headquartered in Durant, Oklahoma, trading as First United Bank. Its direct parent is Spend Life Wisely Company, Inc., a holding company controlled by the Massey family. The bank provides retail, commercial, mortgage, trust and wealth management services through locations in Oklahoma and Texas. It merged with American Bank of Texas in November 2016 and joined the Federal Reserve System on 27 September 2024.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- FUTPUS42XXX head office
- Connection to Swift
- Reverse billingThe institution is connected to Swift. Messages sent to it are billed to the institution, not to the sender. The “2” in the eighth character of FUTPUS42 marks reverse billing.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2025-08-02
- Last updated
- 2025-08-12
Overview
Researched 29 Sep 2026 · Sources
Ownership
Privately held
Spend Life Wisely Company, Inc.
Institution type
Commercial bank
Trades as First United Bank
- Standing
- The bank became a member of the Federal Reserve System on 27 September 2024. Its primary federal regulator changed from the FDIC to the Federal Reserve on that date.
- Ownership
- Spend Life Wisely Company, Inc., a holding company whose voting shares are held by members of the Massey family acting as the Massey Family Group, is the direct parent.
- Direct parent
- Spend Life Wisely Company, Inc. ↗, United States
- Head office
- 1400 West Main Street, 74701 Durant, United States
- Company register
- FDIC cert 4239; Federal Reserve RSSD ID 509950
Business lines
According to its website, the bank focuses on retail and community banking for consumers and small to mid-sized businesses, with banking, mortgage, insurance and wealth operating groups.
Online
- Websites & references
- firstunitedbank.com ↗
Wikipedia ↗ - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · YouTube ↗
Sources · 10 pages consulted
- firstunitedbank.com/
- firstunitedbank.com/our-team
- firstunitedbank.com/about-us
- firstunitedbank.com/additional-services
- firstunitedbank.com/_s3/firstunitedbank-com/files/document/Incoming%20International%20Wire%20Instructions%20%
- federalregister.gov/documents/2026/04/23/2026-07976/change-in-bank-control-notices-acquisitions-of-shares-of-
- ibanknet.com/scripts/callreports/getbank.aspx?ibnid=usa_509950
- bankbranchlocator.com/first-united-bank/
- bankersdigest.com/sanderson-appointed-chief-transformation-officer-at-first-united-bank/
- en.wikipedia.org/wiki/First_United_Bank
Leadership
Researched 29 Sep 2026 · Sources
- Chair & chief executive
-
Greg Massey
Chairman of the Board & Chief Executive Officer
- Chief financial officer
-
Brian Johnson
Executive Vice President & Chief Financial Officer
- Executive
-
Saqib Kheiri
Executive Vice President & Chief Risk Officer
- Executive
-
Wes Shelton
Executive Vice President & President of Banking
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- United States
- Board of Governors of the Federal Reserve System (Federal Reserve Bank of Kansas City) Prudential supervisorCentral bankAML supervisor
- United States
- Oklahoma State Banking Department Prudential supervisor
- United States
- Consumer Financial Protection Bureau Conduct
- United States
- Federal Deposit Insurance Corporation Resolution
Recent events
Researched 29 Sep 2026 · Sources
-
Other
The Federal Reserve published a notice for a Massey family trust to join the Massey Family Group controlling the parent company.
federalregister.gov ↗ -
Leadership
The bank appointed Justin Sanderson as chief transformation officer, based in Plano.
bankersdigest.com ↗ -
Licence
The bank became a member of the Federal Reserve System, and its primary federal regulator changed from the FDIC to the Federal Reserve.
bankbranchlocator.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- FUTPUS42XXX
- How the BIC breaks down
- FUTPBank
- USCountry · United States
- 42Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 549300DMHEHNYZ2OLB41
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- United States · North America
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
- Direct parent
- Spend Life Wisely Company, Inc. · United States549300JFFPUMC17J0R49 ↗
Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- 1400 WEST MAIN STREET DURANT,OK 74701 UNITED STATES OF AMERICA
- Operational address
- 1400 WEST MAIN STREET DURANT,OK DURANT,OK 74701 UNITED STATES OF AMERICA
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>FUTPUS42XXX</BICFI>
<LEI>549300DMHEHNYZ2OLB41</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>FUTPUS42XXX</BICFI>
<LEI>549300DMHEHNYZ2OLB41</LEI>
<Nm>FIRST UNITED BANK AND TRUST COMPANY</Nm>
<PstlAdr>
<TwnNm>DURANT</TwnNm>
<Ctry>US</Ctry>
<AdrLine>1400 WEST MAIN STREET DURANT, OK 74701</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: firstunitedbank.com (official website) · original; Greg Massey: firstunitedbank.com (official website) · original; Brian Johnson: firstunitedbank.com (official website) · original; Saqib Kheiri: firstunitedbank.com (official website) · original; Wes Shelton: firstunitedbank.com (official website) · original.
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