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| Bank United Corp. and Bank United Declare Third Fiscal Quarter 2000 Dividends |
HOUSTON, June 1 /PRNewswire/ --
Bank United Corp. (Nasdaq: BNKU; NYSE: BKP) (the "Company") today
announced that its board of directors declared, effective June 1, 2000, a
third fiscal 2000 quarter dividend of $0.185 per share on its Class A Common
stock. The dividend will be payable on June 29, 2000, to holders of record on
June 15, 2000.
The Company's subsidiary, Bank United (NYSE: BKU PrA and PrB), also
announced today that its board of directors declared, effective June 1, 2000,
a third fiscal quarter dividend of $0.6325 per share on its 10.12 percent
Noncumulative Preferred Stock, Series A, and a third fiscal quarter dividend
of $0.60 per share on its 9.6 percent Noncumulative Preferred Stock, Series B.
The dividends will be payable on June 30, 2000 to holders of record on
June 15, 2000.
Bank United Corp., headquartered in Houston, is the largest publicly
traded depository institution headquartered in Texas, with $17.4 billion in
assets, $8.5 billion in deposits, and $799 million in stockholders' equity.
Bank United operates a 157 branch community banking network in Texas,
including 79 in the Dallas/Fort Worth area, 66 in the greater Houston area,
5 in Midland, and 4 in Austin, and 3 in San Antonio; is a national middle
market commercial lender with 21 regional offices in 16 states; operates
15 SBA lending offices in 12 states: originates mortgage loans through
11 wholesale offices in 10 states; operates a national mortgage servicing
business servicing approximately 340,000 customers, and manages an investment
portfolio. 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:
Vern Stockton, Media Relations, 713-543-6920,
or Debbie Kemple, Investor Relations, 713-543-6926, both of Bank
United Corp.
