HOUSTON, Dec. 4 /PRNewswire/ -- Bank United Corp. (Nasdaq: BNKU)
(the "Company") today announced that its board of directors declared a first
fiscal quarter dividend of $0.16 per share on its Class A and Class B Common
stock.  The dividends will be payable on December 28, 1998, to holders of
record on December 15, 1998.
    The Company's subsidiary, Bank United (NYSE: BKU PrA and PrB), also
announced today that its board of directors declared, effective
December 4, 1998, 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, 1998 to
holders of record on December 15, 1998.
    Bank United Corp., headquartered in Houston, is the largest publicly
traded depository institution headquartered in Texas, with $13.7 billion in
assets, $6.3 billion in deposits and $684.4 million in stockholders' equity.
Bank United, a federally chartered savings bank, operates a community banking
network of 88 branches in Texas, including 45 located in the greater Houston
area, 39 located in the Dallas/Ft. Worth Metroplex, and two each in Austin and
San Antonio; a commercial banking group with 21 regional offices in 18 states;
6 wholesale mortgage origination offices; a mortgage servicing business; and a
financial markets business.  Bank United is FDIC insured and an equal housing
lender.

Link to this page: