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JOHN P. BULLARD JR. APPOINTED PRESIDENT AND C.O.O. OF BANKUNITED

 CORAL GABLES, Fla., Nov. 16 /PRNewswire/ -- John P. Bullard Jr., formerly an executive vice president of Southeast Bank, is the new president and chief operating officer of BankUnited (NASDAQ-NMS: BKUNA), a $436 million federal savings bank with offices serving the east and west coasts of Florida.
 Bullard, 45, was an officer at Southeast Bank for 17 years and was executive vice president of Institutional Banking in 1990-91. Prior to that, he held three different senior vice president positions -- Regional Credit Policy, National Banking & Financial Institutions, and Real Estate Banking. He has operated Bullard & Company, a banking and financial consulting firm, for the past two years.
 In addition to becoming the bank's chief operating officer, Bullard also adds the title of president formerly held by Board Chairman Alfred R. Camner.
 Camner, chairman of the board and chief executive officer of both the bank and its holding company -- BankUnited Financial Corporation -- stated, "We feel extremely fortunate to obtain the experience and leadership of John Bullard as president of the bank. His varied background in all aspects of commercial banking is exactly the management qualities we were seeking at this important juncture in BankUnited's growth.
 "Bullard had direct responsibility for more than $2.4 billion in assets at Southeast, and brings strong credentials in loan production and employee management. All of this fits perfectly with BankUnited's continued emphasis on the development of commercial banking services.
 "In addition to internal growth, we are looking for acquisitions and expect that John will provide additional depth in conducting analysis and evaluation of potential institutions. All in all, he adds a new dimension to our expansion planning."
 BankUnited operates eight banking offices serving Coral Gables, South Miami, Tamarac, Coral Springs and Delray Beach on the east coast, and Bonita Springs, Venice and Bradenton on the west coast.
 BankUnited Financial is a publicly owned company listed on the NASDAQ National Market System. Its common stock trades under the symbol BKUNA an its preferred stock trades under the symbol BKUNP.
 -0- 11/16/93
 /CONTACT: Alfred R. Camner, chief executive officer, or Michael M. Butler, senior vice president & CFO, 305-447-0200, both of BankUnited Financial; or John K. Schulte of Schulte, Ross & Aguilar, 305-856-1442, for BankUnited Financial/
 (BKUNA)


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

RK-SS -- FL009 -- 5037 11/16/93 11:33 EST
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Publication:PR Newswire
Date:Nov 16, 1993
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