BankUnited,Inc. (NYSE: BKU) Files An 8-K Other EventsItem 8.01Other Events.
The operating agreement between BankUnited, National Association (the “Bank”), a wholly-owned subsidiary of BankUnited, Inc. (the "Company"), and its primary regulator, the Office of the Comptroller of the Currency (“OCC”), was terminated by the OCC on November 28, 2018. The operating agreement was entered into in February 2012 as part of the OCC’s approval of the Bank’s conversion from a Federal savings association to a national bank. The agreement required the Bank to maintain certain capital levels and to operate within, and regularly update, a comprehensive business plan to which supervisory non-objection had been granted by the OCC.