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| Bank United Corp. and Bank United Declare Fourth Fiscal Quarter 2000 Dividends |
HOUSTON, Sept. 1 /PRNewswire/ -- Bank United Corp. (Nasdaq: BNKU; NYSE: BKP) (the "Company") today announced that its board of directors declared, effective September 1, 2000, a fourth fiscal 2000 quarter dividend of $0.185 per share on its Class A Common stock. The dividend will be payable on September 28, 2000, to holders of record on September 11, 2000. The Company's subsidiary, Bank United (NYSE: BKU PrA and PrB), also announced today that its board of directors declared, effective September 1, 2000, a fourth fiscal quarter dividend of $0.6325 per share on its 10.12 percent Noncumulative Preferred Stock, Series A, and a fourth fiscal quarter dividend of $0.60 per share on its 9.6 percent Noncumulative Preferred Stock, Series B. The dividends will be payable on September 29, 2000 to holders of record on September 11, 2000. Bank United Corp., headquartered in Houston, is the largest publicly traded depository institution headquartered in Texas, with $18.2 billion in assets, $8.8 billion in deposits, and $823 million in stockholders' equity. Bank United operates a 157-branch community banking network in Texas, including 78 in the Dallas/Fort Worth area, 66 in the greater Houston area, 5 in Midland, and 4 in Austin, 3 in San Antonio, and 1 in College Station; is a national middle market commercial lender with 23 regional offices in 16 states; operates 14 SBA lending offices in 10 states: originates mortgage loans through 11 wholesale offices in 10 states; operates a national mortgage servicing business servicing approximately 324,000 customers, and manages an investment portfolio. The Bank's Web site 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.
