BankUnited (NYSE: BKU) responded today to an inaccurate media report characterizing its relationship with Paragon Financial Group, Ft. Lauderdale, Florida. The bank clarified that it has recently extended a modest loan to the company and is very pleased to have them as customers of the bank. BankUnited stressed, however, that it is not in "partnership" with Paragon and is not involved in any way with opening lending offices with the company.
About BankUnited, N.A.
BankUnited, N.A., a national bank and wholly-owned subsidiary of
BankUnited, Inc. (NYSE: BKU), is headquartered in Miami Lakes, Florida
with $13.1 billion of assets, 98 banking centers in 15 Florida counties
and four banking centers in the New York metropolitan area at June 30,
2013. Ranked 10th on Forbes Magazine's list of "Best Banks in America
2012," and one of the largest independent depository institutions
headquartered in Florida by assets, BankUnited provides a wide range of
commercial and consumer banking services. For additional information,
call (877) 779-2265 or visit
BankUnited can be found on Facebook at facebook.com/BankUnited.official
and on Twitter @BankUnited.
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