BankUnited

Last updated
BankUnited, Inc.
Company type Public
NYSE:  BKU
Russell 1000 Index component
S&P 600 component
Industry Financial services
PredecessorBankUnited Financial Corporation
Founded1984;40 years ago (1984) [1]
Headquarters,
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)
Products Consumer Banking, Corporate Banking
Total assets Increase2.svg US$ 35.4 billion (June 30, 2024)
Website www.bankunited.com

BankUnited, Inc., with total assets of $35.4 billion at June 30, 2024 is the bank holding company of BankUnited, N.A., a national bank headquartered in Miami Lakes, Florida that provides a full range of banking and related services to individual and corporate customers through banking centers located in the state of Florida, New York metropolitan area and Dallas, Texas and a comprehensive suite of wholesale products to customers through an Atlanta office focused on the Southeast region. BankUnited also offers certain commercial lending and deposit products through national platforms.

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. [2] 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. [3] On February 2, 2011, the Company completed its IPO. [2]

The bank offers a broad range of online services, treasury management tools for businesses and traditional depository and lending products. [4]

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References

  1. "BankUnited's Brand Rebirth: From Collapse to Credibility". January 10, 2020.
  2. 1 2 "BankUnited Financial : Investor Relations - News Release". ir.bankunited.com. Retrieved 2017-08-03.[ permanent dead link ]
  3. "BankUnited Inc : Investor Relations - News Release". ir.bankunited.com. Retrieved 2017-08-03.
  4. "BankUnited Inc : Investor Relations - Corporate Profile". ir.bankunited.com. Retrieved 2017-08-03.