At Beal Bank, we specialize in offering deposit customers competitive rates on term deposit accounts through certificates of deposit (CDs), money market accounts, and other savings products. All are FDIC insured up to $250,000 per depositor.
Beal Bank has been successfully serving savings depositors since its founding in 1988. Headquartered in Plano, Texas, the bank has branches in major metropolitan areas across the nation, with more branches opening in 2010.
As of March 31, 2010, Beal Bank has capital in excess of $759 million and assets in excess of $3.2 billion. Beal Bank is also an affiliate of Beal Bank Nevada.
Beal Bank is a wholesale bank and, as such, Beal Bank is active in the secondary market purchasing loans and loan portfolios from other financial institutions. Beal Bank generally does not originate commercial or residential loans.
Beal Bank. Service, stability, and savings.
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