BankUnited in Florida announced on Thursday that they will no longer be doing business with Donald Trump in the wake of the Capitol riots on January 6.
“We never had a lending relationship with Donald Trump and we no longer have any depository relationship with him,” a spokesperson said on Thursday without any explanation as to why they are closing his accounts.
According to The Washington Post, Trump had stated in his most recent financial disclosure form that he had two money-market accounts with BankUnited holding a total of more than $5.1 million.
At least three other banks have announced they will cut ties with Trump since he encouraged his supporters to storm the Capitol on January 6.
Last week, another Florida-based financial institution, Professional Bank, which specializes in construction, residential and commercial real estate financing, announced they will cut ties with Trump and his organization.
This comes after New York’s Signature Bank and Deutsche Bank say they will no longer be doing business with him going forward.
Signature Bank took it a step further and called for Trump to resign from office last week while announcing the end of their business relationship.
Deutsche Bank is currently seeking to resolve more than $300 million in loans, reportedly looking to offload the loans onto another lender due to the negative press their dealings with Trump has caused, The Hill reports.