BankUnited Financial Corporation (NASDAQ:BKUNA), parent company of
BankUnited FSB, announced that it received notification today that the
Office of Thrift Supervision has reclassified the Bank’s
regulatory capital status from well-capitalized to adequately
capitalized although the Bank’s capital ratios
exceed the statutory threshold for well-capitalized institutions. As a
result, the Bank is subject to restrictions on accepting brokered
deposits.
Forward-Looking Statements
This press release may contain certain forward-looking statements. Such
forward-looking statements are within the meaning of that term in
Section 27A of the Securities Act of 1933, as amended (the “Securities
Act”), and Section 21E of the Securities
Exchange Act of 1934, as amended (the “Exchange
Act”).