BankUnited, FSB was established in 1984 and currently headquartered in Coral Gables, FL. BankUnited, FSB became an FDIC insured institution in 1984. BankUnited is a mortgage concentrated bank with $14.3 billion of assets, and it had a net loss of $1056.7million last year. BankUnited has been placed on the watch-list of banks at risk of failing and already experienced a credit downgrade.
FDIC Certificate #
32247
Bank Charter Class
Saving Association
Asset Concentration
Mortgage Lending Specialization
Product Specialty
Mortgage Lending Services, Consumer Banking, Deposit Products and Investment Services
Key Information & News
Number of Branches: 80 offices in the U.S.
Number of Employees: Approximately 1,000 employees.
Executives
Chairman
Lawrence H. Blum
CEO and COO
Humberto L. Lopez
CFO
Randy Roper
2008 News
Launched a comprehensive Mortgage Assistance Program to provide relief to thousands of borrowers whose option-ARM loans are no longer optimal for their current situations.
Received notification that the Office of Thrift Supervision has reclassified the Bank's regulatory capital status from well-capitalized to adequately capitalized. As a result, the Bank is subject to restrictions on accepting brokered deposits.
The Brualdi Law Firm, P.C. announces that a lawsuit has been commenced in the United States District Court for the Southern District of Florida on behalf of purchasers of Bank United Financial Corporation common stock during the period between April 18, 2006 and June 18, 2008 for violations of federal securities laws.
2009 News
Suspend foreclosures on owner-occupied homes until the Treasury Department's Financial Stability Plan home loan modification program is finalized.
BankUnited Financial Bancorp announced that it was seeking a buyer for the company. Wilbur Ross, Caryle Group, Blackstone Group, TD Bank Financial Group and Goldman Sachs Group Inc were named as potential bidders.
