Bank United of Texas
American financial services corporation / From Wikipedia, the free encyclopedia
Bank United Corporation, headquartered in Houston, Texas, 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]
Bank United of Texas | |
Company type | Public |
NYSE: BKP | |
Industry | Banking; Federal savings bank |
Founded | December 31, 1988; 35 years ago (1988-12-31) in Houston, Texas as United Savings Association FSB |
Defunct | February 14, 2001; 23 years ago (2001-02-14) |
Fate | Acquired by Washington Mutual |
Successor | Washington Mutual |
Headquarters | Houston, Texas |
Number of locations | 155 (2001) |
Area served | Texas |
Key people | Lewis Ranieri |
Website | archived official website |