ABOUT THE BEAL BANK MONEY DESK

Great CD Rates for Financial Institutions
The Beal Bank Money Desk specializes in serving financial institutions looking to purchase CDs through a bank known for stability and competitive rates.

Founded in 1988, the Beal Bank family of companies is headquartered in Dallas, Texas, and comprises one of the largest private financial institutions in the United States.  Our two partner banks, Beal Bank (a Texas state savings bank) and Beal Bank USA (a Nevada thrift company), are guided by the same principles of reliability and excellent customer service.

All deposits are insured by the FDIC up to at least $250,000 per depositor. In fact, because we have two banks, it is possible to effectively “double” your total FDIC insurance coverage by spreading your deposits across both banks. To learn more about this, click here.

Beal Bank and Beal Bank USA have combined capital in excess of $2.7 billion and combined assets of more than $7.0 billion as of December 31, 2019. We are known for maintaining high capitalization, a leading indicator of bank strength. In fact, our Tier 1 capital ratio is consistently several times in excess of the national average.

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