BankUnited is a banking institution based in Miami Lakes, Florida. The bank was founded in the year 2009 and operates as a commercial bank that focuses on the financial needs of growing companies and their executives, consumers, and commercial and middle-market businesses in Florida's thriving coastal regions. The bank offers a broad range of online services, treasury management tools for businesses, and traditional depository and lending products. It is a wholly-owned subsidiary of BankUnited, Inc. The assets of the bank are managed by the board of directors.