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| Bank United Corp. and Bank United Declare Second Fiscal Quarter 2000 Dividends |
HOUSTON, March 3 /PRNewswire/ -- Bank United Corp. (Nasdaq: BNKU; NYSE: BKP) (the "Company") today announced that its board of directors declared, effective March 3, 2000, a second fiscal 2000 quarter dividend of $0.185 per share on its Class A Common stock. The dividend will be payable on March 30, 2000, to holders of record on March 15, 2000. The Company's subsidiary, Bank United (NYSE: BKU PrA and PrB), also announced today that its board of directors declared, effective March 3, 2000, a second fiscal quarter dividend of $0.6325 per share on its 10.12 percent Noncumulative Preferred Stock, Series A, and a first fiscal quarter dividend of $0.60 per share on its 9.6 percent Noncumulative Preferred Stock, Series B. The dividends will be payable on March 31, 2000 to holders of record on March 15, 2000. Bank United Corp., headquartered in Houston, is the largest publicly traded depository institution headquartered in Texas, with $17.4 billion in assets, $8.4 billion in deposits, and $773 million in stockholders' equity. Bank United operates a 152 branch community banking network in Texas, including 79 in the Dallas/Fort Worth area, 64 in the greater Houston area, 5 in Midland, and two each in Austin and San Antonio; is a national middle market commercial lender with 21 regional offices in 16 states; operates 25 SBA lending offices in 16 states: originates mortgage loans through 11 wholesale offices in 10 states; and operates a national mortgage servicing business servicing approximately 340,000 customers. The Bank's website can be found at http://www.bankunited.com. Bank United is FDIC insured and an equal housing lender.SOURCE Bank United Corp.
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CONTACT:
media, Vern Stockton, 713-543-6920, or
investors, Debbie Kemple, 713-543-6926, both of Bank United Corp.
