BankUnited, Inc. (BKU) is a premier bank holding company that is headquartered in Miami Lakes, Florida. Founded in 2009, the company primarily operates through its subsidiary, BankUnited, N.A., a national bank and one of the leading depository institutions in the state.
BankUnited, Inc.’s journey began during the financial distress of 2009. The company, born out of the largest bank failure in the state's history, quickly turned around, becoming an example of successful rebuilding. Since its inception, BKU has grown into a robust institution and is currently one of the largest independent depository institutions headquartered in Florida by assets.
BankUnited, Inc. offers a broad range of online services, traditional banking products, and financial services to both commercial and personal customers. The diverse product line offered includes savings accounts, checking accounts, money market accounts, certificates of deposit, residential and commercial loans, treasury management services, and more.
The company has established a significant presence in Florida with more than 70 full-service branches and also operates multiple banking centers in the New York metropolitan area. The New York area holds particular significance, given it’s one of the largest and most liquid financial markets in the world. BKU's presence in New York provides a strategic platform for the company to access a broad range of clients and industries.
In addition to its geographical expansion, BankUnited, Inc. places significant focus on innovation and technology improvements to deliver exceptional customer service, boost efficiency, and manage risk. The company leverages digital technology to optimize its offerings, providing customers with easy and fast access to banking services.
On the corporate governance front, BankUnited, Inc. has a robust structure with well-defined roles and responsibilities for board members and executive officers. The company emphasizes transparency, accountability, and adheres to ethical standards which strengthen its reputation and instills confidence among shareholders.
BankUnited, Inc. is committed to supporting the communities they serve. Through the BankUnited Charitable Foundation, it has contributed to hundreds of organizations that make a real difference in the communities they serve.
Publicly traded on the New York Stock Exchange under the ticker symbol 'BKU,' BankUnited, Inc., has proven its mettle by retaining its robust financial position during times of economic stress. With a strong balance sheet, robust capital levels, sound risk management practices, and a diversified business model, BankUnited, Inc. is well-positioned for growth in the American banking segment.