In Briefs: BankUnited Expands South Miami Presence

BankUnited Financial Corp. shored up its presence in the south Miami area by closing a deal to acquire Bank of Florida. BankUnited, with $638 million of assets, previously only had one branch in the area.

Bank of Florida brings $30.2 million of assets and $27.3 million of deposits to BankUnited, which plans to open two more branches this year, according to chief executive Alfred Camner.

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