Is Beal Bank Public?
Beal Bank is an American bank, which was founded by Texas-based entrepreneur D. Andrew “Andy” Beal. It includes two separately chartered banks, Beal Bank and Beal Bank USA. Each entity is insured by the Federal Deposit Insurance Corporation (FDIC)….Beal Bank.
| Type | Private |
|---|---|
| Website | www.bealbank.com |
Is Beal Bank Safe?
All deposits are insured by the FDIC up to at least $250,000 per depositor. With Beal Bank USA, you know your money will grow in a strong and secure environment.
Who is the CEO of Beal Bank?
Andrew Beal (1988–)
Beal Bank/CEO
Andy Beal is the founder and chairman of Beal Bank and Beal Bank USA as well as other affiliated companies. He and his banks have donated millions of dollars to colleges and charity sponsorships and to prizes for science and math education.
How much is Andy Beal worth?
10.4 billion USD (2021)
Andrew Beal/Net worth
Where is Bealbank?
Plano, Texas
Founded in 1988, the Beal Bank family of companies is headquartered in Plano, Texas (near Dallas), and comprises one of the largest private financial institutions in the United States.
What are the CD rates at Beal Bank?
How Beal Bank CD Rates Compare to Other Banks
| CD Account | Beal Bank | Ally |
|---|---|---|
| 3-Month | 0.25% | 0.20% |
| 12-Month | 0.41% | 0.60% |
| 60-Month | 0.41% | 0.85% |
Is Beal Bank FDIC insured?
To find the Beal Bank or Beal Bank USA location closest to you, please click here. 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.
How did Andy Beal make his money?
He is a Dallas-based businessman who accumulated wealth in real estate and banking. Born and reared in Lansing, Michigan, Beal is founder and chairman of Beal Bank and Beal Bank USA, as well as other affiliated companies.
Where is Beal Bank?
How old is Andrew Beal?
68 years (November 29, 1952)
Andrew Beal/Age
Who are the affiliated companies of Beal Bank?
Affiliated companies include: CSG Investments Inc., Loan Acquisition Corporation, CLG Hedge Fund, LLC. UmbrellaBank.com (a division of Beal Bank) and MyCDBank.com (a division of Beal Bank USA) are online banking affiliates.
Is there a Beal Bank in Las Vegas?
Beal Bank USA is headquartered in Las Vegas, and shares a common brand with Beal Bank. It was founded in 2004 as Beal Savings Bank, and was renamed Beal Bank Nevada in 2007, and Beal Bank USA in 2011. Beal Bank USA has 21 branches across 19 states.
How big is the Beal Bank in Texas?
By 1996, the bank was considered the most profitable bank in Texas, and reported a net income of $44.8 million, revenue of $143.5 million and $1.2 billion in assets. As of March 31, 2021, Beal Bank reported capital in excess of $604 million and assets around $1.9 billion.