MIAMI LAKES, Fla.--(BUSINESS WIRE)--Dec. 28, 2012--
Crowning a year of tremendous growth and industry recognition, Miami
Lakes, Fla.-based BankUnited (NYSE: BKU) opened four new branches in
Florida during December that will give it a presence of 98 branches
operating in 15 Florida counties in the state, and claimed the tenth
spot on the Forbes 2012 list of Best Banks in America, published this
month.
"BankUnited is both benefitting from and fueling the rebounding Florida
economy," said BankUnited Chairman, President and CEO John Kanas. "For
the first nine months of the year, BankUnited experienced an annual
growth rate in total demand deposits of 55 percent while new loans grew
by a staggering annualized growth rate of 121 percent during the same
period."
BankUnited branches at 1099 N.W. 42 Ave. in Miami and 12290 Biscayne
Blvd. in North Miami opened in the first two weeks of December followed
by a new branch at 620 W. Indiantown Road in Jupiter and a newly
relocated branch that opened at 2500 North Federal Highway in Lighthouse
Point.
Additionally, in the fourth quarter of 2012, BankUnited began
preparations for new 2013 branch locations in Fort Lauderdale, Hialeah,
Pompano Beach, Altamonte Springs and Sarasota.
Named the most profitable Florida-chartered bank by the FDIC for the
third quarter of 2012, BankUnited also gained national recognition in
2012 when Bank Director magazine ranked it number 2 in the $5
billion to $50 billion category in its annual national survey of the
largest U.S. banks based on a combination of profitability,
capitalization and asset quality.
Also during the year, BankUnited continued, without interruption, to
earn superior five-star ratings from the independent bank research firm
BauerFinancial and was for the first time assigned ratings by Moody's
Investors Service.
BankUnited's dominance in commercial lending was recognized when it
became South Florida’s fourth largest producer of SBA 7(a) loans as of
September 30, 2012, making it one of the most active lenders in the
South Florida District of the Small Business Administration based on
number of 7(a) loans approved.
To locate a branch or for additional information, call (877) 779-2265 or
visit www.BankUnited.com.
Source: BankUnited
For BankUnited
Amy Hoffman, 954-776-1999, ext. 228
ahoffman@piersongrant.com
or
Maria
Pierson, 954-776-1999, ext. 222
mpierson@piersongrant.com
or
Mary
Harris, 305-817-8117
MHarris@BankUnited.com
