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Largest savings & loans mirror financial industry trends.(BankUnited and BankAtlantic)(Brief Article)
BankUnited and BankAtlantic, two companies whose operations reflect ongoing changes in their industry, top this year's Business Journal list of largest savings & loans based in South Florida.
BankUnited, based in Coral Gables, had $4.8 billion in assets on March 31, according to its report to the Federal Deposit Insurance Corp. BankAtlantic, based in Fort Lauderdale, had $4.7 billion in assets on that date.
In addition to being the largest S&Ls in South Florida, the two companies are the two largest financial institutions (commercial banks included) based in Florida.
BankUnited in 1999 began a significant expansion of its commercial and consumer lending, mirroring a national trend among S&Ls. Commercial …
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