Printer Friendly

BANK UNITED OF TEXAS DECLARES FOURTH FISCAL QUARTER DIVIDENDS

 HOUSTON, Sept. 7 /PRNewswire/ -- Bank United of Texas FSB (NYSE: BKU PRA) today announced that its board of directors declares fourth fiscal quarter dividends of $0.6325 per share on its 10.12 percent noncumulative preferred stock, series A. The dividends will be payable on Sept. 30, 1993, to holders of record on Sept. 17, 1993.
 Bank United of Texas FSB operates a fully integrated national housing finance business focused on one-to-four family residential mortgages. The bank's business is conducted through a retail banking network of 62 branches in Texas, 32 located in the greater Houston area and 26 located in the Dallas and Fort Worth metroplex; a mortgage banking network of 103 retail loan and correspondent offices in 27 states under the name of Commonwealth United Mortgage; and a wholesale banking division, United Financial Markets, which specializes in buying, managing, securitizing, and selling mortgage instruments in the wholesale and secondary mortgage markets.
 Bank United, a federal savings bank with assets of $8.2 billion at June 30, 1993, is FDIC insured and an equal housing lender.
 -0- 9/7/93
 /CONTACT: Carol Geissen, 713-965-6588, or Lynne King (investors), 713-965-6965, both of Bank United of Texas/
 (BKU)


CO: Bank United of Texas FSB ST: Texas IN: FIN SU: DIV

MP -- NY056 -- 9415 09/07/93 15:11 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Sep 7, 1993
Words:218
Previous Article:SALVATORE J. NUZZO ELECTED BOARD CHAIRMAN OF SL INDUSTRIES, INC.
Next Article:TELEPHONE AND DATA SYSTEMS, INC., ANNOUNCES THIRD QUARTER 1993 DIVIDEND
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters