Moody's: BankUnited Baa3

Moody's Investors Service said it assigned BankUnited, NA a Baa3 rating for long-term deposits and other senior obligations, a Prime-3 rating for short-term obligations,and a D+ standalone bank financial strength rating, which translates into a baseline credit assessment of Baa3.

The outlook is stable.

Moody's said BankUnited's ratings are supported by its healthy financial fundamentals.

These include a robust and predictable earnings stream that results from its well-structured 2009 FDIC-assisted acquisition of the failed Florida thrift that operated under the same name, the agency said.

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