BankUnited

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BankUnited, Inc.
TypePublic
NYSE: BKU
Russell 1000 Index component
S&P 600 component
IndustryFinancial services
PredecessorBankUnited Financial Corporation
Founded1984 (1984)[1]
Headquarters
Miami Lakes, Florida
,
United States
Area served
Florida, Tri-state market of New York, New Jersey and Connecticut
Key people
Rajinder P. Singh

(Chairman, President & CEO)

Thomas M. Cornish (Chief Operating Officer)

Leslie Lunak (Chief Financial Officer)
ProductsConsumer Banking, Corporate Banking
Total assetsIncrease US$ 35 billion (December 31, 2020)[2]
Websitewww.bankunited.com

BankUnited, Inc., with total consolidated assets of $35 billion at December 31, 2020,[3] is a bank holding company with one wholly owned subsidiary, BankUnited, collectively, the Company. BankUnited, a national banking association headquartered in Miami Lakes, Florida, provides a full range of banking services to individual and corporate customers. The Bank also provides certain commercial lending and deposit products on a national platform. The Company offers a range of traditional banking products and services to both commercial and retail customers.[4] BankUnited is one of the largest banking institutions in the United States.

BankUnited, Inc. was organized by a management team led by John A. Kanas and was initially capitalized with $945.0 million by a group of investors including W.L. Ross, Blackstone Group, The Carlyle Group and Centerbridge Partners.[5] On May 21, 2009, BankUnited acquired substantially all of the assets and assumed all of the non-brokered deposits and substantially all other liabilities of BankUnited, FSB, from the FDIC in the FSB Acquisition.[4] On February 2, 2011, the Company completed its IPO.[5]

The bank offers a broad range of online services, treasury management tools for businesses and traditional depository and lending products.[6]

External links[]

References[]

  1. ^ "BankUnited's Brand Rebirth: From Collapse to Credibility". January 10, 2020.
  2. ^ "INSURED U.S.-CHARTERED COMMERCIAL BANKS THAT HAVE CONSOLIDATED ASSETS of $300 MILLION or MORE, RANKED by CONSOLIDATED ASSETS". December 31, 2018.
  3. ^ https://ir.bankunited.com/news-releases/news-release-details/bankunited-inc-reports-2020-results
  4. ^ a b "BankUnited Inc : Investor Relations - News Release". ir.bankunited.com. Retrieved 2017-08-03.
  5. ^ a b "BankUnited Financial : Investor Relations - News Release". ir.bankunited.com. Retrieved 2017-08-03.[permanent dead link]
  6. ^ "BankUnited Inc : Investor Relations - Corporate Profile". ir.bankunited.com. Retrieved 2017-08-03.
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