BankUnited, Inc., with total consolidated assets of $34.7 billion at June 30, 2020, is a bank holding company with one wholly owned subsidiary, BankUnited, collectively, the Company. BankUnited, a national banking association headquartered in Miami Lakes, Florida, provides a full range of banking services to individual and corporate customers. The Bank also provides certain commercial lending and deposit products on a national platform. The Company offers a range of traditional banking products and services to both commercial and retail customers. BankUnited is one of the largest banking institutions in the United States.
BankUnited, Inc. was organized by a management team led by John A. Kanas and was initially capitalized with $945.0 million by a group of investors including W.L. Ross, Blackstone Group, The Carlyle Group and Centerbridge Partners. On May 21, 2009, BankUnited acquired substantially all of the assets and assumed all of the non-brokered deposits and substantially all other liabilities of BankUnited, FSB, from the FDIC in the FSB Acquisition. On February 2, 2011, the Company completed its IPO.
The bank offers a broad range of online services, treasury management tools for businesses and traditional depository and lending products.