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Lynetta Tipton Steed Appointed Head of Business Banking at BankUnited

BankUnited Office Collaboration

News Summary

BankUnited has appointed Lynetta Tipton Steed as the new executive vice president and head of business banking for Texas and Florida. With over 35 years of experience in banking, Lynetta aims to enhance strategy and growth in business banking services. Her previous leadership roles and community involvement position her as a key player in improving customer engagement and support for businesses in these markets.

Exciting Changes at BankUnited: Lynetta Tipton Steed Takes the Helm for Business Banking in Texas and Florida

Houston, Texas – There’s a fresh face making waves at BankUnited, Inc., and if you’re involved in business banking, you’ll want to pay attention! The bank recently announced the appointment of Lynetta Tipton Steed as the new executive vice president and head of business banking for the booming markets of Florida and Texas. This shift brings in someone with experience and a proven track record, ready to steer the ship toward strong growth and successful partnerships.

Aiming for the Stars in Business Banking

At BankUnited, Lynetta isn’t just filling a position; she’s taking charge to develop, manage, and advance strategic objectives for their business banking teams. The focus will be sharp: achieving substantial growth in the company’s business banking loan portfolio. With her extensive background in banking, which spans over 35 years, she’s primed for the challenge of elevating BankUnited’s offerings in these extensive markets.

Teamwork Makes the Dream Work

Working closely with BankUnited’s commercial banking teams, Lynetta is set to enhance collaboration and open new avenues for customer engagement. The community banking landscape can be tough, but with Lynetta at the helm, there’s an optimistic outlook for businesses seeking banking services. Given her reputation as a relationship builder, her leadership is expected to create connections that matter, helping businesses thrive.

A Leader with a Wealth of Experience

Lynetta is no stranger to the banking scene. She previously held a prominent position as the executive vice president for Regions Bank, emphasizing sales and service excellence alongside revenue growth in business and community banking sectors. Her experience doesn’t stop there; she also served as the business banking executive for Fifth Third Bank, which spans across several states including Florida, Georgia, Kentucky, North Carolina, and Tennessee. The breadth of her experience uniquely positions her to understand the diverse needs of businesses across Texas and Florida.

Impact Beyond Borders

Not only is Lynetta making waves at the banking level, but she has also made her mark on a national scale. She’s an active member of the Consumer Banker Association’s Small Business Committee and even made her voice heard in front of the U.S. House of Representatives’ Small Business Committee. This deep knowledge of small businesses and their banking needs will come into play as she takes on her new role.

BankUnited’s Strong Standing

For those who may not know, BankUnited is no small player in the banking world. With total assets clocking in at a whopping $35.2 billion as of December 31, 2024, it’s evident that the bank is equipped to manage a diverse range of banking services. Headquartered in Miami Lakes, Florida, they cater to both individual and corporate customers through various banking centers mainly located in Florida, the New York metropolitan area, and Dallas, Texas.

What’s Next?

For those in the business community, the arrival of Lynetta Tipton Steed promises a renewed focus on support and partnership. With a clear strategy to expand the bank’s business banking loan portfolio and an emphasis on customer relationship management, businesses in Texas and Florida can look forward to enhanced services and opportunities to grow.

With all eyes on her next steps, the future certainly looks bright for BankUnited under Lynetta’s leadership. If you’re a business owner looking for banking support or just interested in how local businesses are being served, keeping an ear to the ground and eye on BankUnited might just be the thing to do!