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| Bank United Corp. And Bank United Declare First Fiscal Quarter 2000 Dividends |
HOUSTON, Dec. 1 /PRNewswire/ -- Bank United Corp. (Nasdaq: BNKU; NYSE: BKP) (the "Company") today announced that its board of directors declared, effective December 1, 1999, a first fiscal 2000 quarter dividend of $0.185 per share on its Class A Common stock. The dividend will be payable on December 28, 1999, to holders of record on December 15, 1999. The Company's subsidiary, Bank United (NYSE: BKU PrA and PrB), also announced today that its board of directors declared, effective December 1, 1999, a first 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 December 31, 1999 to holders of record on December 15, 1999. Bank United Corp., headquartered in Houston, is the largest publicly traded depository institution headquartered in Texas, with $16.2 billion in assets, $7.5 billion in deposits and $753 million in stockholders' equity. Bank United operates a 150 branch community banking network in Texas, including 79 in the Dallas/Fort Worth area, 62 in the greater Houston area, 5 in Midland, and two each in Austin and San Antonio; a commercial banking group with 20 regional offices in 16 states; 23 SBA lending offices in 16 states: 10 wholesale mortgage origination offices; a mortgage servicing business; and a financial markets business. 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.
