Bank United of Texas

From Wikipedia, the free encyclopedia
Jump to: navigation, search

Bank United Corp., headquartered in Houston, TX, was a broad-based financial services provider and the largest publicly traded depository institution headquartered in Texas before its merger with Washington Mutual in 2001.[1] Bank United Corp. conducted its business through its wholly owned subsidiary, Bank United, a federally chartered savings bank. The company operated a 155-branch community banking network in Texas, including 77 in the Dallas/Fort Worth Metroplex, 66 in the greater Houston area, five in Midland, four in Austin, and three in San Antonio; operated 19 SBA lending offices in 14 states; was a national middle market commercial bank with 23 regional offices in 16 states; originated mortgage loans through 11 wholesale offices in 10 states; operated a national mortgage servicing business serving approximately 324,000 customers, and managed an investment portfolio. As of June 30, 2000, Bank United Corp. had assets of $18.2 billion, deposits of $8.8 billion, and stockholder's equity of $823 million.[2]

References[edit]

  1. ^ http://www.allbusiness.com/banking-finance/banking-lending-credit-services/6055806-1.html Washington Mutual Completes Merger with Bank United
  2. ^ http://web.archive.org/web/20001019031401/http://www.bankunited.com/ October 2000 Internet Archive

[1] [2]