BankUnited Inc was founded on April 28, 2009. It is a bank holding company. The company provides commercial and consumer banking services through its three wholly-owned subsidiaries: BankUnited NA, BankUnited Investment Services, Inc. and Herald National Bank. The BankUnited NA is an independent depository institution headquartered in Florida by assets. The BankUnited Investment Services, Inc. is a Florida based insurance agency which provides comprehensive wealth management products and financial planning services. Herald National Bank, a commercial bank servicing the New York City market. The company focuses on the financial needs of growing companies, consumers and commercial and middle-market businesses in Florida's coastal regions. It also offers online services, treasury management tools for businesses and traditional depository and lending products. The Company's competitors include Bank of America, BB&T, BBVA Compass, HSBC, JPMorgan Chase, Regions Bank, Santander, Sabadell, SunTrust Banks, TD Bank and Wells Fargo, Signature Bank, New York Community Bank, and Valley National and M&T Bank. The Company is subject to ongoing and comprehensive supervision, regulation, examination and enforcement by the Federal Reserve Board.
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