BankUnited F.S.B. is the most costly bank failure since the IndyMac failure in 2008. The FDIC and BankUnited will share in the losses on approximately $10.7 billion in assets covered under the agreement. BankUnited, FSB had assets of $12.80 billion and deposits of $8.6 billion. The bank’s management team is headed by John Kanas, a veteran of the banking industry and former head of North Fork Bank. It is the 34th FDIC-insured institution to fail in the nation this year.”]
Source: https://www.cuinfosecurity.com/largest-independent-bank-in-florida-fails-a-1486

