BankUnited (NYSE: BKU) has appointed Lynetta Tipton Steed as executive vice president and head of business banking for its Florida and Texas markets. Steed will oversee business banking operations in both states, focusing on strategic growth initiatives and expanding the bank’s business loan portfolio. She will also work closely with BankUnited’s commercial banking teams. She will be based in Orlando.
Steed brings more than 35 years of experience in banking. She previously served as an executive vice president at Regions Bank, where she was responsible for sales, service and revenue growth strategies for business and community banking. She also held leadership roles at Fifth Third Bank, overseeing business banking across multiple states, including Florida, Georgia, Kentucky, North Carolina and Tennessee.
She is a member and past chairperson of the Consumer Bankers Association’s Small Business Committee in Washington, D.C. and has testified before the U.S. House Small Business Committee.
BankUnited, with total assets of $35.2 billion as of Dec. 31, 2024, is the holding company for BankUnited NA, a national bank headquartered in Miami Lakes. The bank provides a range of banking services to individuals and businesses through its banking centers in Florida, including Tampa, the New York metropolitan area and Dallas.