BankUnited, Inc. Announces Not Stand for Re-election Eugene F. Demark as Member of the Board of Directors
April 05, 2019 at 05:03 pm EDT
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On April 3, 2019, Eugene F. DeMark, a member of the Board of Directors of BankUnited, Inc., notified the company that he will not stand for reelection at the company’s 2019 annual meeting of stockholders. Mr. DeMark’s term will end at the annual meeting. As a result, the Board expects to reduce the size of the Board to nine members shortly following the annual meeting.
BankUnited, Inc. is a bank holding company of BankUnited (the Bank). The Bank provides a full range of commercial lending and both commercial and consumer deposit services through banking centers located in Florida, the New York metropolitan area and Dallas, Texas, and a comprehensive suite of wholesale products to customers through an Atlanta office focused on the Southeast region. The Bankâs lending and leasing products include commercial loans, commercial real estate loans, residential mortgages and other consumer loans. It offers traditional deposit products, including commercial and consumer checking accounts, money market deposit accounts, savings accounts and certificates of deposit with a variety of terms and rates, as well as a robust suite of treasury, commercial payments and cash management services. The Bank provides certain commercial lending and deposit products through national platforms and certain consumer deposit products through an online channel.