BankUnited Expands Northeast Presence with New Corporate Banking Office in Morristown, New Jersey
BankUnited, Inc.a prominent Florida-based financial institution, has announced the official opening of a new corporate banking office in Morristown, New Jersey. This strategic move represents a major milestone in the bank’s broader expansion into the Northeast, underscoring its commitment to delivering robust financial solutions to corporate and commercial clients across the tri-state area.
The new office, which opened its doors today, is located at 38 Headquarters Plaza, East Tower, 8th Floor, in the heart of downtown Morristown. This prime location offers proximity to many of the region’s most influential business hubs and serves as a new anchor for BankUnited’s growing presence in the northeastern United States.
A Strategic Expansion to Serve a Thriving Market
With the opening of the Morristown office, BankUnited aims to significantly enhance its corporate and commercial banking services, as well as its commercial real estate (CRE) lending capabilities. The goal is to support the financial needs of existing clients in the area while creating opportunities to cultivate new relationships with businesses and entrepreneurs throughout New Jersey and the broader tri-state region.
“BankUnited is fully committed to the tri-state region, both supporting existing clients and aggressively building new business in the area,” said Thomas M. Cornish, Chief Operating Officer of BankUnited. “The New Jersey corporate banking office joins our Atlanta and Dallas offices, which serve the Southern U.S. region, in providing corporate customers with a comprehensive suite of wholesale products and services, including corporate and commercial lending, deposit services, and treasury management solutions.”
The expansion into Morristown comes as BankUnited continues to grow its national footprint, targeting key regions where demand for sophisticated banking solutions continues to rise. The tri-state area, encompassing New York, New Jersey, and Connecticut, is a dynamic economic zone characterized by a high concentration of corporate headquarters, mid-market enterprises, and commercial real estate activity—making it a natural choice for the bank’s latest regional office.
Leadership with Deep Regional Expertise
The success of any new banking office relies heavily on its leadership, and BankUnited has assembled an experienced and highly respected team to lead its operations in Morristown. Heading the new office are three seasoned financial professionals, each bringing deep expertise in their respective domains:
- Bob Murphy serves as Senior Vice President and Corporate Banking Lead. With decades of experience in advising middle-market and large corporate clients, Murphy is expected to play a pivotal role in building the bank’s brand and portfolio in the region.
- Charles Marchica takes on the role of Senior Vice President and Commercial Banking Lead. Marchica brings a robust background in relationship management and commercial loan structuring, which will be critical in tailoring financial solutions to meet the unique needs of local businesses.
- Christopher “CJ” Csontas is appointed as Senior Vice President and Commercial Real Estate Lead. Csontas is recognized for his extensive knowledge of the CRE landscape in the tri-state region and will be instrumental in identifying lending opportunities that align with BankUnited’s risk appetite and strategic goals.
Together, this leadership team brings a holistic understanding of the regional market and is well-positioned to guide BankUnited’s growth and engagement with corporate clients in New Jersey and beyond.
Morristown: A Financially Attractive Location
The decision to establish the new office in Morristown is no accident. Situated in Morris County—one of New Jersey’s most affluent and economically vibrant areas—Morristown offers an ideal environment for financial institutions seeking to expand their corporate banking operations.
According to data from the Morris County Economic Development Corporation, the county boasts an impressive $50 billion in annual gross regional product (GRP), making it one of the strongest local economies in the state. This economic strength is driven by a diversified mix of industries including healthcare, pharmaceuticals, finance, and professional services.
In addition to its economic indicators, Morristown is known for its accessibility, located just 30 miles west of New York City with strong transportation links via highways, railways, and regional airports. Its combination of economic strength, accessibility, and business-friendly environment makes Morristown an attractive location for companies and a strategic launching pad for financial service providers like BankUnited.
Delivering a Comprehensive Suite of Services
At its core, the Morristown office will serve as a full-service regional hub for BankUnited’s suite of corporate banking solutions. These include:
- Corporate and Commercial Lending: BankUnited offers customized loan solutions for working capital, equipment financing, expansion projects, and more. With a keen understanding of middle-market business needs, the bank specializes in creating flexible financing structures that support growth and stability.
- Deposit and Treasury Management: Clients will have access to a wide range of cash management tools designed to streamline operations, optimize liquidity, and improve financial control. These services are particularly valuable for companies looking to enhance efficiency in an increasingly digital business environment.
- Commercial Real Estate Lending: With Christopher Csontas at the helm, the office will also focus on providing CRE lending solutions for developers and investors across asset classes, including office, retail, industrial, and multifamily.
BankUnited’s emphasis on relationship-based banking—combined with its scalable infrastructure—positions the Morristown office to become a trusted financial partner for businesses across the region.
BankUnited’s Growing National Presence
While headquartered in Miami Lakes, Florida, BankUnited has spent the last several years building a carefully considered national presence. In addition to its new Morristown location, the bank maintains corporate banking offices in Atlanta, Georgia, and Dallas, Texas, allowing it to provide regional coverage for clients across the Southern and Northeastern United States.
The bank is known for balancing the customer service and personal attention of a community bank with the resources and capabilities of a larger institution. As one of the largest independent depository institutions headquartered in Florida, BankUnited provides a full range of financial services to individual and corporate clients through a growing network of banking centers located across Florida and metropolitan New York.
Reputation for Trust and Stability
BankUnited’s credibility and strength in the market have not gone unnoticed. It was recently recognized as one of the “World’s Most Trustworthy Companies” by Newsweek magazine—an accolade that reflects the institution’s ongoing commitment to transparency, customer service, and long-term financial stewardship.
The company’s strong capital base, disciplined approach to risk, and investment in technology and talent continue to drive its reputation as a forward-thinking and reliable banking partner.
The opening of the Morristown corporate banking office marks more than just geographic expansion—it signals BankUnited’s long-term commitment to being a key player in the tri-state financial ecosystem. With a local team of seasoned banking professionals, a broad range of commercial services, and a clear strategic vision, BankUnited is well-equipped to make a lasting impact on the business community in northern New Jersey and beyond.
As the bank continues to grow its presence nationally, its approach remains grounded in delivering tailored solutions, building meaningful relationships, and serving as a trusted advisor to clients navigating today’s complex financial landscape.
