BankUnited


Overview / Commentary
877-779-2265
14817 Oak Lane
Miami Lakes, FL 33016

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.

Related Posts

New Rate On Your Online Money Market Account - 3/3/2020

New rate on your Online Money Market Account Dear DANIEL, We’re writing to let you know that effective March 4, 2020, the rate on your BankUnitedDirect Online Money Market Account will be adjusted down to 1.75% from 2.00% Annual Percentage Yield (APY)*. At BankUnited, our goal is to provide competitive rates and exceptional service to our customers. The rate on your Online Money Market Account is variable, which means it is subject to change and is influenced by a variety of factors, including the Fed funds rate and the competitive environment. Please rest assured that even with this change, we will continue to grow your money at a competitive rate. Thanks for being our customer. If you have any questions regarding this notice, please call the BankUnitedDirect Client Care Center at (844) 365-5720, Monday through Friday, 8 am – 8 pm ET and Saturday, 9 am – 2 pm ET. You may also send us an email at [email protected]

View all posts from:

9/16/16 - BankUnited (FL/NYC) Adds 9-Month Special CD
9/14/16 - Expired - 9 Month CD Special At 1.2%; Have To Open At A Branch
8/8/16 - Pretty Good 14-Month CD At Bankunited In Florida
10/8/15 - BankUnited (FL) Introduces Vertical Rewards Checking Account
9/22/15 - Bankunited Offering 1.05% APY Checking Account: "Vertical Rewards Checking"
8/27/12 - New-Branch 6-Month CD Special At Central Florida Branch Of BankUnited
1/19/12 - Florida's Second-Largest Bank, BankUnited, Decides To End Plans To Sell Itself
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

Bad Experience

Posted by: |

Opened a money market account after some delay and frustration it was OKed on 1/30/20 at 2.00%. A few weeks later it was reduced to 1.75%, and a few weeks later reduced again to 1.4%. This an outright scam, now I have to wait the 180 days from the opening date to close the account. Hopefully I will be able to recover my money without additional problems.

BEWARE!!! Bank Is A Scam

Posted by: |

venice fl branch. manager lied to me regarding the money market rate if you open online. lied to me on depsoit clearance time and put a hold on my deposit. incompetent or scammers. you pick? either way, BAD BANK!

This Bank Is Trash

Posted by: |

I opened an account ad deposited $5K in cash. I came back a month later to deposit more cash. They had put a hold on my first deposit. A month hold on cash? The teller made a call and got the hold removed. I immediately closed the account. Look up the Bank United in Hialeah on Yelp. Many people complain that they tow cars away for parking at their branch after hours.

After Many Years...

Been with Bank United for about 15 years, and today they inform me, via FedEx!! -- that they're closing my
account and the money must come out in ten days.
No explanation, just "exercising their rights."
Getting a new account and registering with all my
online bill-paying is a monumental and stressful
chore. This policy should NOT BE ALLOWED, and
banks should be obligated to tell you why they're
closing your account!
Dreadful situation, dreadful Bank United!!!

VIEW MORE REVIEWS

Health
B+

Health Grade Components

Overall
FDIC Certificate #58979
Year Established2009
Employees1507
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.03%
Return on Equity - YTD10.89%
Annual Interest Income$1.28B
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$32.78B$32.08B
LoansQ4 2019vs Q4 2018$23.08B$21.90B
DepositsQ4 2019vs Q4 2018$24.63B$23.66B
Equity CapitalQ4 2019vs Q4 2018$3.10B$3.11B
Loan Loss AllowanceQ4 2019vs Q4 2018$108.7MM$109.9MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$146.9MM$101.6MM
Real Estate OwnedQ4 2019vs Q4 2018$3.9MM$8.4MM
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

New Rate On Your Online Money Market Account

  |  
New rate on your Online
Money Market Account



Dear DANIEL,

We’re writing to let you know that effective March 4, 2020, the rate on your BankUnitedDirect Online Money Market Account will be adjusted down to 1.75% from 2.00% Annual Percentage Yield (APY)*.

At BankUnited, our goal is to provide competitive rates and exceptional service to our customers. The rate on your Online Money Market Account is variable, which means it is subject to change and is influenced by a variety of factors, including the Fed funds rate and the competitive environment. Please rest assured that even with this change, we will continue to grow your money at a competitive rate.

Thanks for being our customer. If you have any questions regarding this notice, please call the BankUnitedDirect Client Care Center at (844) 365-5720, Monday through Friday, 8 am – 8 pm ET and Saturday, 9 am – 2 pm ET. You may also send us an email at [email protected]

Rates
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Always verify rates and promotions with the bank or credit union. We are not BankUnited; we are a rate comparison website and cannot provide official rates or promotions.

BankUnited Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%-$250kVertical Rewards Checking- After first 90 Days w/ Direct Deposit and 7+ Qualifiers
1.40%-$250kVertical Rewards Checking- After first 90 Days w/ Direct Deposit and 4-6 Qualifiers
1.00%-$250kVertical Rewards Checking - First 90 Days
0.90%-$250kVertical Rewards Checking- After first 90 Days w/ Direct Deposit and 1-3 Qualifiers

BankUnited CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%$1k-9 Month CD Special
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.