BKU vs GBNY

BankUnited Inc.

BankUnited, Inc. operates as the bank holding company for BankUnited, a national banking association that provides a range of banking services in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts; certificates of deposit; and treasury and cash management services. Its loans portfolio includes commercial loans, including equipment loans, secured and unsecured lines of credit, formula-based loans, owner-occupied commercial real estate term loans and lines of credit, mortgage warehouse lines, letters of credit, small business administration and U.S. department of agriculture product offerings, export-import bank financing products, trade finance, and business acquisition finance credit facilities; commercial real estate loans; residential mortgages; and other consumer loans. The company also offers online, mobile, and telephone banking services. As of December 31, 2020, it operated through a network of 70 branches located in 14 Florida counties; and 4 banking centers in the New York metropolitan area. The company was formerly known as BU Financial Corporation. BankUnited, Inc. was incorporated in 2009 and is headquartered in Miami Lakes, Florida.

Generations Bancorp NY Inc.

Generations Bancorp NY, Inc. operates as a holding company for Generations Bank that provides various banking products and services. The company offers various deposit accounts, including demand, NOW, money market, savings, and certificates of deposit accounts. It also provides one- to four-family residential real estate loans; commercial real estate loans that are secured by office buildings, hotel and motels, wineries, manufacturing facilities, churches, retail and mixed-use properties, and light industrial properties; multifamily loans, which are secured by five or more-unit residential buildings; secured loans to professionals, sole proprietorships, and small businesses for commercial, corporate, and business purposes; manufactured home loans; automobile loans; home equity loans and lines of credit; construction loans; student loans; recreational vehicle loans; and other secured and unsecured consumer loans, such as loans secured by boats and savings deposits. In addition, it invests in securities, which include municipal bonds issued by states, local municipalities, and schools in the northeastern United States; and mortgage-backed securities issued by U.S. government sponsored entities and Federal Home Loan Bank of New York stock, as well as offers insurance and other financial products. It operates through main office located in Seneca Falls, New York; and eight full-service branch offices, one drive-through facility, and one in-store branch located in a Wal-Mart super center located in Albion, Auburn, Farmington, Geneva, Medina, Phelps, Seneca Falls, Union Springs, and Waterloo, New York. The company was founded in 1870 and is headquartered in Seneca Falls, New York.