Beal Bank
Beal Bank is a mid-sized bank headquartered in Plano, TX. The bank operates 1 branch in 1 state (Texas). Beal Bank has deposits of $1.8 billion, and was established in March 1988.
This bank is FDIC insured - all deposits are protected for up to $250,000. Products offered by the bank include: Beal CD, Beal MMDA and Beal Savings.
Current Beal Bank Rates
| Name | Term | APY | Min Deposit | |
| Beal CD | 3 months | 0.41 % | $10,000 | |
| 6 months | 0.51 % | $10,000 | ||
| 9 months | 0.66 % | $10,000 | ||
| 1 year | 0.91 % | $10,000 |
About Beal Bank
Beal Bank has been successfully serving savings depositors since its founding in 1988. Headquartered in Dallas, Texas, the Bank now has branches in major metropolitan areas across the nation, with more branches opening in 2009 and 2010.
Beal Bank has capital in excess of $550 million and assets in excess of $2.5 billion as of June 30, 2009. Beal Bank is also an affiliate of Beal Bank Nevada.
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 products, all insured by the FDIC up to $250,000 per depositor.
Beal Bank generally does not originate commercial or residential loans, but the Bank is active in the secondary market for the purchase of loans and portfolios of loans.
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