Exhibit 1

Joint Filing Agreement

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree that only one statement containing the information required by Schedule 13G and any further amendments thereto need to be filed with respect to the beneficial ownership by each of the undersigned of shares of Common Stock of BankUnited, Inc., and further agree that this Joint Filing Agreement be included as an exhibit to the Schedule 13G provided that, as contemplated by Section 13d-1(k)(1)(ii), no person shall be responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. This Joint Filing Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

Dated:  February 13, 2012

WL ROSS & CO. LLC
By:		/s/ Michael Gibbons
		Name:	Michael Gibbons
		Title:	Authorized Person
WLR RECOVERY FUND IV, L.P.
By:	WLR Recovery Associates IV LLC,
	its General Partner
By:	WL Ross Group, L.P.,
	its Managing Member
By:	El Vedado, LLC,
	its General Partner
By:		/s/ Michael Gibbons
		Name:	Michael Gibbons
		Title:	Authorized Person

WLR/GS MASTER CO-INVESTMENT L.P.
By:	WLR Master Co-Investment GP, LLC,
	its General Partner
By:	WL Ross Group, L.P.,
	its Managing Member
By:	El Vedado, LLC,
	its General Partner
By:		/s/ Michael Gibbons
		Name:	Michael Gibbons
		Title:	Authorized Person
WLR IV PARALLEL ESC, L.P.
By:	INVESCO WLR IV Associates LLC,
	its General Partner
By:	Invesco Private Capital, Inc.,
	its Managing Member
By:		/s/ Michael Gibbons
		Name:	Michael Gibbons
		Title:	Authorized Person

WLR RECOVERY ASSOCIATES IV LLC
By:	WL Ross Group, L.P.,
	its Managing Member
By:	El Vedado, LLC,
	its General Partner
By:		/s/ Michael Gibbons
		Name:	Michael Gibbons
		Title:	Authorized Person

WLR MASTER CO-INVESTMENT GP, LLC
By:	WL Ross Group, L.P.,
	its Managing Member
By:	El Vedado, LLC,
	its General Partner
By:		/s/ Michael Gibbons
		Name:	Michael Gibbons
		Title:	Authorized Person
INVESCO WLR IV ASSOCIATES LLC
By:	Invesco Private Capital, Inc.,
	its Managing Member
By:		/s/ Michael Gibbons
		Name:	Michael Gibbons
		Title:	Authorized Person
INVESCO PRIVATE CAPITAL, INC.
By:		/s/ Michael Gibbons
		Name:	Michael Gibbons
		Title:	Authorized Person
WL ROSS GROUP, L.P.
By:	El Vedado, LLC,
	its General Partner
By:		/s/ Michael Gibbons
		Name:	Michael Gibbons
		Title:	Authorized Person
EL VEDADO, LLC

By:	/s/ Michael Gibbons
	Name:	Michael Gibbons
	Title:	Authorized Person

WILBUR L. ROSS, JR.
	/s/ Wilbur L. Ross, Jr.
	Wilbur L. Ross, Jr.