BankUnited FSB Biggest Bank Collapse So Far, Another Big Failure Looming

May 29th, 2009 [ Comments ]

BankUnited FSB, the 34th bank to have been put under FDIC receivership for 2009, is also the biggest bank failure for this year, and the second costliest for the FDIC. This closure would hit the FDIC's pockets some $4.9 billion, next only to giant Indy Mac's $10.7 billion costs last year.

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