BankUnitedDirect
Deposits held and insured by BankUnited
REVIEWS
Based on 2 reviews
HEALTH RATING
A
View health report
CURRENT TOP RATE
0.15% APY
12 Month Online CD
View all rates
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Reviews (2)
Greatly Lower Rates And Would Not Allow External Transfer
Posted by: orleans704 | May 12, 2020
Got the money market checking account with 2% but it quickly was lowered to 0.75 which was half the rate of other banks. Website is nice and you can get a person on the phone quickly. But they would not allow me to transfer to external account without major hoops. Security and public records questions, two sub-$1 transfers, and the kicker, a real statement from the other bank. It will cost $15 to close if the account isn't open 180 days.
Horrible Bank
Posted by: jimgazer | May 4, 2020
Advertised a money market account at 2.00%. Opened an account and within a month two downgrades to 1%, tried to withdraw my money after the 180 day period and could not close the account. Stay away from these rascals.
Health
A
Data as of Q3 2021
Capitalization grade does not factor in PPP loans and the use of the PPP Liquidity Facility.
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 58979 |
| Year Established | 2009 |
| Employees | 1467 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.21% |
| Return on Equity - YTD | 12.5% |
| Annual Interest Income | $719.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2021vs Q3 2020 | $35.18B$34.90B |
| Loans | Q3 2021vs Q3 2020 | $22.65B$23.51B |
| Deposits | Q3 2021vs Q3 2020 | $28.48B$26.97B |
| Equity Capital | Q3 2021vs Q3 2020 | $3.41B$3.16B |
| Loan Loss Allowance | Q3 2021vs Q3 2020 | $159.6MM$274.1MM |
| Unbacked Noncurrent Loans | Q3 2021vs Q3 2020 | $221.9MM$149.0MM |
| Real Estate Owned | Q3 2021vs Q3 2020 | $4.0MM$3.1MM |