HOUSTON - United Savings Association of Texas, the thrift organized by mortgage-securities pioneer Lewis Ranieri, said it has changed its name to Bank United of Texas and will advertise itself as Bank United.

"The old name no longer adequately described the scope of this institution," said Barry C. Burkholder, president and chief executive officer.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.