BankUnited (BKU) announce new executive VP Lynetta Tipton Steed

BankUnited Inc. (NYSE: BKU) announced it has named Lynetta Tipton Steed as executive vice president, head of business banking for the Florida and Texas markets.

Steed will be responsible for developing, managing and advancing strategic objectives for BankUnited’s business banking teams, including guiding efforts to increase the company’s already strong business banking loan portfolio. She will also work closely with BankUnited’s commercial banking teams.

“Lynetta is a proven leader and relationship builder who has consistently grown revenues and helped business customers achieve their goals,” said Ernie Diaz, BankUnited’s senior executive vice president, consumer & commercial/small business. “She will take our business banking in Florida and Texas to even higher levels of success.”

Steed is a seasoned executive with more than 35 years of banking experience. Her business banking background includes serving as executive vice president for Regions Bank, responsible for sales and service excellence and the revenue growth strategy for the business banking and community banking lines of business. She also served as business banking executive for Fifth Third Bank over Florida, Georgia, Kentucky, North Carolina and Tennessee.

She is a current member and past chairperson of the Consumer Banker Association’s Small Business Committee-Washington, D.C. In this role, Steed testified before the U.S. House of Representatives’ Small Business Committee.

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