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BANKUNITED OPENS FIRST MORTGAGE ORIGINATION OFFICE IN PLANTATION, FLA.; TWO MORE TO OPEN BY END OF MARCH

 CORAL GABLES, Fla., Jan. 14 /PRNewswire/ -- BankUnited, FSB, the principal subsidiary of BankUnited Financial Corporation (NASDAQ-NMS: BKUNA), has opened its first mortgage origination office in Plantation, Fla. Two additional full-service origination offices in Deerfield Beach, Fla., and South Miami, Fla., are scheduled to open by the end of March.
 BankUnited is a $435 million federal savings bank with eight banking offices in Florida: Coral Gables, South Miami, Tamarac, Coral Springs and Delray Beach on the east coast, and Bonita Springs, Venice and Bradenton on the west coast.
 Prior to opening the Plantation office, BankUnited's residential mortgage originations were conducted exclusively through its banking offices.
 Alfred R. Camner, Board Chairman and CEO, stated, "We have grown substantially over the past few years and our ability to fund sound first mortgage loans outran our capacity to originate them from within the branch offices. To better match our mortgage lending volume with our deposits, we are opening these separate loan offices. Our goal is to double the bank's mortgage originations during fiscal 1994."
 BankUnited Financial is a publicly owned company listed on the NASDAQ National Market System. Its common stock trades under the symbol BKUNA and its preferred stocks trade under the symbols BKUNP and BKUNO.
 -0- 1/14/94
 /CONTACT: Alfred R. Camner, chief executive officer, or Michael M. Butler, senior vice president and chief financial officer, BankUnited Financial, 305-447-0200; or John K. Schulte of Schulte Ross & Aguilar, 305-856-1442, for BankUnited Financial/
 (BKUNA)


CO: BankUnited Financial Corporation ST: Florida IN: FIN SU:

AW-DP -- FL002 -- 1168 01/14/94 10:26 EST
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Publication:PR Newswire
Date:Jan 14, 1994
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