BankUnited, National Association

Headquarters

14817 Oak Lane
Miami Lakes, FL 33016
See all branch locations →

Phone 1-877-779-2265

Notable Rates APY Vs.Others
Savings 0.05% 1.00% →
1-Year CD 0.65% 0.95% →
2-Year CD 0.10% 1.05% →
5-Year CD 0.10% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

BankUnited, National Association is an FDIC insured institution located in Miami Lakes, FL. It was founded in 2009 and has approximately $33.51 billion in assets. Customers can open an account at one of its 106 branches.

FDIC Insured Yes
FDIC Certificate # 58979
Date Established 2009
Assets $ 33.51 billion
Loans $ 22.95 billion
Deposits $ 25.15 billion
Capital $ 2.77 billion
 

For a more detailed analysis of BankUnited, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 1, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.75% $2,500 $2,999 Learn More
Money Market
0.75% $10,000 $14,999 Learn More
Money Market
0.75% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.10% $10,000 $14,999 Learn More
3 Mo CD
0.10% $100,000 $199,999 Learn More
6 Mo CD
0.10% $10,000 $14,999 Learn More
6 Mo CD
0.10% $100,000 $199,999 Learn More
Special: 9 Mo CD
0.40% $1,000 - Learn More
Special: 12 Mo CD
0.65% $1,000 - Learn More
12 Mo CD
0.65% $10,000 $14,999 Learn More
12 Mo CD
0.65% $100,000 $199,999 Learn More
18 Mo CD
0.10% $10,000 $14,999 Learn More
18 Mo CD
0.10% $100,000 $199,999 Learn More
24 Mo CD
0.10% $10,000 $14,999 Learn More
24 Mo CD
0.10% $100,000 $199,999 Learn More
36 Mo CD
0.10% $10,000 $14,999 Learn More
36 Mo CD
0.10% $100,000 $199,999 Learn More
48 Mo CD
0.10% $10,000 $14,999 Learn More
48 Mo CD
0.10% $100,000 $199,999 Learn More
60 Mo CD
0.10% $10,000 $14,999 Learn More
60 Mo CD
0.10% $100,000 $199,999 Learn More

Fixed IRA Rates APY MIN MAX
Special: 9 Mo FIRA
0.40% $1,000 - Learn MoreShow Less
Special: 12 Mo FIRA
0.65% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.30% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 1, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for BankUnited, National Association

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
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Quicken Loans NMLS #3030
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.789% 2.750% 0.50 $1,250 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
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2.990 %
$0 Learn More
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People's United Bank, N.A.
People's United Bank, N.A.
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4.000 %
$0 Learn More
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PenFed Credit Union
PenFed Credit Union
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3.750 %
$0 Learn More
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Note to BankUnited, National Association
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

BankUnited, National Association branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


BankUnited, National Association Locations


Financial Details

BankUnited, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of BankUnited, National Association. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
BankUnited, National Association U.S. Bank Average
27.34% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, BankUnited, National Association had $821,394,000 in non-current loans and $3,681,000 in owned real estate. To cover these potential losses it had $2,766,853,000 in equity and $250,579,000 in loans loss reserves. That gives it a Texas Ratio of 27.34%.

Return on Equity
BankUnited, National Association U.S. Bank Average
-3.03% 7.80%

BankUnited, National Association has a Return on Equity of -3.03% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
BankUnited, National Association U.S. Bank Average
8.26% 12.68%

BankUnited, National Association has a Capitalization of 8.26% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

BankUnited, National Association Balance Sheet Analysis

As of March 31, 2020, BankUnited, National Association had assets of $33,512,179,000, loans of $22,951,354,000, and deposits of $25,151,324,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 766.70 million
Interest-bearing balances $ 757.79 million
Total securities $ 7.83 billion
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 22.95 billion
Loan loss allowance $ 250.58 million
Trading account assets $ 135.72 million
Bank premises and fixed assets N.A.
Other real estate owned $ 3.68 million
Goodwill and other intangibles $ 84.84 million
All other assets $ 1,574.71 million
     Total Assets $ 30.75 billion
LIABILITIES
Total deposits $ 25.15 billion
      Interest-bearing deposits $ 20.40 billion
      Deposits held in domestic offices $ 25.15 billion
      % insured (estimated) 46.62%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities $ 42.31 million
Other borrowed funds $ 5.28 billion
Subordinated debt N.A.
All other liabilities $ 273.22 million
      Total Liabilities $ 30.75 billion
      Shareholders’ Equity $ 2.77 billion

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 293.72 million
Total Interest Expense $ 108.51 million
Net interest income $ 185.21 million
Provision for loan and lease losses $ 121.87 million
Total non interest income $ 26.65 million
Total non interest expense $ 120.90 million
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in BankUnited, National Association’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Florida, BankUnited, National Association has a significantly higher percent of Multifamily Mortgages on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 24.61
Multifamily
Mortgages
8.21
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 1.56
Construction and Development Loans 0.89
Commercial Real Estate 28.76
Commercial and Industrial Loans 19.89
Farm Loans 0.15

Frequently Asked Questions About Bankunited, National Association

Branches and Savings

Is Bankunited, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #58979.

Why does Bankunited, National Association pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Bankunited, National Association CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Bankunited, National Association a commercial bank?

Yes

Where are Bankunited, National Association locations?

See branch locations nearby.

Is Bankunited, National Association open on Saturdays?

Is Bankunited, National Association open on Sundays?

What time does Bankunited, National Association open?

What time does Bankunited, National Association close?

Are Bankunited, National Association ATMs Open 24/7?

Do Bankunited, National Association ATMs accept cash deposits?

Can Bankunited, National Association customers use other ATMs?

Do Bankunited, National Association branches have notaries?

Will Bankunited, National Association notarize my document?

What address for Bankunited, National Association should I put for incoming ACH transfers?

Will the Bankunited, National Association branch print checks?

Do Bankunited, National Association checks expire?

Does Bankunited, National Association require US citizenship to open account?

Can Bankunited, National Association close my account?

Does Bankunited, National Association Report to credit bureaus?

Does Bankunited, National Association Use Equifax?

What is Bankunited, National Association's ACH Routing Number?

What is Bankunited, National Association's SWIFT code?

Products

Does Bankunited, National Association offer mortgages?

Compare mortgage rates here.

Does Bankunited, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bankunited, National Association offer personal loans?

Compare personal loan rates here.

Does Bankunited, National Association offer student loans?

Will Bankunited, National Association cash a check?

Will Bankunited, National Association redeem a savings bond?

Does Bankunited, National Association cash savings bonds?

Will Bankunited, National Association cash money orders?

Can Bankunited, National Association issue a money order?

Does Bankunited, National Association do currency exchange?

Background on The Bank

Who owns Bankunited, National Association?

How long has Bankunited, National Association been around?

Can Bankunited, National Association transfer to other banks?

Does Bankunited, National Association have quick pay?

Does Bankunited, National Association accept rolled coins?

Will Bankunited, National Association accept loose change?

Where is Bankunited, National Association headquarters?

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