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Bank Failures

Failed Bank Information for BankUnited, FSB, Coral Gables, FL

On Thursday, May 21, 2009, BankUnited, FSB was closed by the Office of Thrift Supervision (OTS). The FDIC was named Receiver. BankUnited, Coral Gables, FL acquired all deposit accounts, excluding certain brokered deposits.

The FDIC as Receiver for BankUnited, FSB, Coral Gables, FL has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on June 23, 2022 and has made all dividend distributions required by law.

Effective December 1, 2022, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.

Receivership Status: TERMINATED

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Notice of Termination

Effective Date: December 1, 2022
Icon for Notice of Intent to Terminate

Notice of Intent to Terminate

Publication Date: June 23, 2022
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Dividend Information

Report on dividends paid
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Press Release

Official press release

Beware of scams!


Please be advised you will not receive any email notification to claim/unlock/suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

ACQUIRING INSTITUTION: BANKUNITED

About BankUnited

All deposit accounts, excluding certain brokered deposits, were transferred to BankUnited, Coral Gables, FL ("assuming institution"). Former BankUnited, FSB locations reopened as branches of BankUnited.

Your transferred deposits were separately insured from any accounts you may have already had at BankUnited for at least six months after the failure of BankUnited, FSB.

You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with BankUnited as long as the deposits are not pledged as collateral for loans.

Contacting BankUnited

You can contact BankUnited:

Legal name change:
BankUnited has changed its legal name and is currently doing business as BankUnited, National Association.

BankUnited, National Association
14817 Oak Lane
Miami Lakes, FL 33016

BankUnited, N.A. (www.bankunited.com)

Transaction Documentation

Purchase & Assumption Agreement - PDF ( 1 Mb)
Agreement between FDIC and acquiring institution

Last Updated: December 12, 2022