EX-25.1 6 ex-251repl.htm EX-25.1 Exhibit


Exhibit 25.1
_____________________________________________________________________________

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________________________

FORM T-1

STATEMENT OF ELIGIBILITY UNDER
THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
Check if an Application to Determine Eligibility of
a Trustee Pursuant to Section 305(b)(2)
_______________________________________________________

U.S. BANK NATIONAL ASSOCIATION
(Exact name of Trustee as specified in its charter)

31-0841368
I.R.S. Employer Identification No.

800 Nicollet Mall
Minneapolis, Minnesota

55402
(Address of principal executive offices)
(Zip Code)
                        
Richard Prokosch
Vice President
U.S. Bank National Association
Global Corporate Trust Services
Mailcode:  EP-MN-WS3C
60 Livingston Avenue
St. Paul MN  55107-2292
phone (651) 466-6619

(Name, address and telephone number of agent for service)
                                                       
BankUnited, Inc.
(Issuer with respect to the Securities)

Delaware
27-162450
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)
 
 

14817 Oak Lane
Miami Lakes, Florida
33016
(Address of Principal Executive Offices)
(Zip Code)
    
Senior Debt Securities
(Title of the Indenture Securities)





FORM T-1

Item 1. GENERAL INFORMATION. Furnish the following information as to the Trustee.

a)
Name and address of each examining or supervising authority to which it is subject.
Comptroller of the Currency
Washington, D.C.

b)    Whether it is authorized to exercise corporate trust powers.
Yes

Item 2. AFFILIATIONS WITH OBLIGOR. If the obligor is an affiliate of the Trustee, describe each such affiliation.
None

Items 3-15
Items 3-15 are not applicable because to the best of the Trustee's knowledge, the obligor is not in default under any Indenture for which the Trustee acts as Trustee.
    
Item 16. LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of eligibility and qualification.

1. A copy of the Articles of Association of the Trustee.*

2. A copy of the certificate of authority of the Trustee to commence business, attached as Exhibit 2.

3.    A copy of the certificate of authority of the Trustee to exercise corporate trust powers, attached as Exhibit 3.

4.    A copy of the existing bylaws of the Trustee.**
 
5.    A copy of each Indenture referred to in Item 4. Not applicable.

6.    The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, attached as Exhibit 6.

7.    Report of Condition of the Trustee as of June 30, 2018 published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.
    
* Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.

** Incorporated by reference to Exhibit 25.1 to registration statement on form S-3ASR, Registration Number 333-199863 filed on November 5, 2014.



    



SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of St. Paul, State of Minnesota on the 22nd of October, 2018.

By:    /s/ Richard Prokosch
Richard Prokosch    
Vice President








    



Exhibit 2


usbankcertofcorporateexisten.jpg





Exhibit 3

certificateoffiduciarypowers.jpg




Exhibit 6

CONSENT


In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.


Dated: October 22, 2018


By:    /s/ Richard Prokosch
Richard Prokosch    
Vice President





    



Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of 6/30/2018

($000’s)
 
6/30/2018
Assets
 
Cash and Balances Due From Depository Institutions
$
18,933,741

Securities
111,465,209

Federal Funds
92,722

Loans & Lease Financing Receivables
279,066,037

Fixed Assets
3,726,559

Intangible Assets
13,023,820

Other Assets
26,714,957

Total Assets
$
453,023,045

 
 
Liabilities
 
Deposits
$
350,952,197

Fed Funds
2,497,543

Treasury Demand Notes

Trading Liabilities
904,426

Other Borrowed Money
34,319,863

Acceptances

Subordinated Notes and Debentures
3,300,000

Other Liabilities
13,252,394

Total Liabilities
$
405,226,423

 
 
Equity
 
Common and Preferred Stock
$
18,200

Surplus
14,266,915

Undivided Profits
32,711,429

Minority Interest in Subsidiaries
800,078

Total Equity Capital
$
47,796,622

 
 
Total Liabilities and Equity Capital
$
453,023,045