BankUnited is a publicly traded bank listed on the NYSE (Symbol:BKU). It is involved in a wide range of banking activities that focus on the business, consumer, and commercial needs of the coastal regions of the state of Florida.
On its personal banking side, BankUnited offers deposit accounts and loans. Checking accounts all include a debit/ATM card, free online banking and Bill Pay, free direct deposit, and telephone banking. The bank offers several different Savings and Money Market accounts that differ by minimum opening deposit and daily balance requirements. BankUnited also makes Certificates of Deposit available that function as time deposits that vary in terms from 12 to 36 months. The bank’s CDs have been featured repeatedly in the past on DepositAccounts.com. BankUnited also offers private banking services to corporate entities and individuals looking for guidance on and access to things like insurance and investment planning. On its business banking side, the bank makes similar deposit accounts available.
BankUnited online banking provides customers with the ability to manage multiple accounts at the bank, pay monthly bills, track expenses by category, and transfer funds between BankUnited accounts. The bank has also released a mobile app to make banking on the go convenient for customers on smartphone or tablet devices.
BankUnited was founded in 2009 and is headquartered just outside Miami in Coral Gables, Florida. It operates through multiple branches located predominantly in the Florida region.
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9/14 - Expired - 9 Month CD Special At 1.2%; Have To Open At A Branch
8/8 - Pretty Good 14-Month CD At Bankunited In Florida
9/22/15 - Bankunited Offering 1.05% APY Checking Account: "Vertical Rewards Checking"
11/3/11 - Special 1-Year CD Rate at BankUnited in South Florida
2/25/10 - 3.25% 4-Year CD at BankUnited in Florida - Available Nationwide
10/3/09 - BankUnited Raises Online Savings Account Yield
9/2/09 - 2.37% 18-Month CD at BankUnited in Florida - Available Nationwide
6/26/09 - 2.75% 24-Month CD at BankUnited in FL - Nationally Available
5/24/09 - Rare Thursday Bank Closure - BankUnited, FSB
3/28/09 - 4.40% 7-Month CD at BankUnited in Florida - Nationally Available
9/19/08 - 4.80% 13-Month CD at BankUnited in Florida
8/29/08 - Update on BankUnited's 5.35% Savings Account
8/23/08 - 4.35% 12-Month CD at BankUnited
8/23/08 - 4.60% 15-Month CD at a Florida Bank (BankUnited)
7/10/08 - 4.00% 9-Month / 4.00% 12-Month CD at BankUnited
4/12/08 - 3.75% 36-Month CD at BankUnited - Nationally Available
10/7/06 - BankUnited Raises Savings Account Rate to 5.35%
6/23/06 - Updated Info on BankUnited's 5.25% Savings Account
6/22/06 - 5.25% Internet Savings Account at BankUnited
5/22/06 - Updated Info on 5% Savings Account from BankUnited
5/20/06 - 5.00% Online Savings Account at BankUnited
4/15/06 - BankUnited Internet Offerings: 4.75% Savings / 5.25% 12-month CD
Lots Of Bad Reviews But Ive Had Great Service
Ive been banking with this bank for 5 years and really have only had good experiences. not sure why there are so many bad reviews. Great bank in my opinion!!
Data as of Q2 2024
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 58979 |
| Year Established | 2009 |
| Employees | 1651 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.69% |
| Return on Equity - YTD | 7.9% |
| Annual Interest Income | $964.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $35.4B$35.78B |
| Loans | Q2 2024vs Q2 2023 | $24.4B$24.46B |
| Deposits | Q2 2024vs Q2 2023 | $28.04B$26.07B |
| Equity Capital | Q2 2024vs Q2 2023 | $3.18B$2.98B |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $225.7MM$166.8MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $131.2MM$79.8MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $2.5MM$2.1MM |
