Beal Bank, SSB

6000 Legacy Drive
Plano, TX 75024

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 32574
Date Established 1988
Assets $2.12 billion
Loans $1.62 billion
Deposits $1.41 billion
Capital $0.57 billion

Beal Bank, SSB is an FDIC insured institution located in Plano, TX. It was founded in 1988 and has approximately $2.12 billion in assets. Customers can open an account at one of its 19 branches.

For a more detailed analysis of Beal Bank, SSB's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Beal Bank, SSB’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Multifamily Mortgages.

Compared to other banks in Texas, Beal Bank, SSB has a significantly higher percent of 1-4 Family Residential Loans, Multifamily Mortgages on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 61.69
Multifamily
Mortgages
12.14
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.57
Construction and Development Loans 0.08
Commercial Real Estate 1.18
Commercial and Industrial Loans 25.50
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.61% $1,000 - Learn MoreShow Less
6 Mo CD 10K
0.71% $1,000 - Learn MoreShow Less
Savings Rates APY MIN MAX
Savings 2.5K
0.25% $500 - Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.91% $1,000 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.20% $1,000 $24,999 Learn MoreShow Less
MM 25K
0.61% $25,000 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Beal Bank, SSB

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 Learn More
Rocket Mortgage
NMLS ID: 3030
4.248% 4.180% 0.50 $2,049 $1,220 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to Beal Bank, SSB
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Branches

Beal Bank, SSB branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Beal Bank, Ssb Locations

Financial Details

Beal Bank, SSB Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Beal Bank, SSB. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Beal Bank, SSB U.S. Bank Average
33.1% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Beal Bank, SSB had $166,869,000 in non-current loans and $31,313,000 in owned real estate. To cover these potential losses it had $573,426,000 in equity and $25,288,000 in loans loss reserves. That gives it a Texas Ratio of 33.1%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Beal Bank, SSB U.S. Bank Average
16.4% 8.58

Beal Bank, SSB has a Return on Equity of 16.4% versus the BestCashCow average of 8.58. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Beal Bank, SSB U.S. Bank Average
27.02% 12.11

Beal Bank, SSB has a Capitalization of 27.02% versus the BestCashCow average of 12.11. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Beal Bank, SSB Balance Sheet Analysis

As of June 30, 2017, Beal Bank, SSB had assets of $2,122,168,000, loans of $1,621,886,000, and deposits of $1,405,380,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About Beal Bank, SSB

Branches and Savings

Is Beal Bank, SSB FDIC insured?

Yes. It is covered under FDIC Certificate #32574.

Why does Beal Bank, SSB pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Beal Bank, SSB CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Beal Bank, SSB a commercial bank?

Yes

Where are Beal Bank, SSB locations?

See branch locations nearby.

Is Beal Bank, SSB open on Saturdays?

Is Beal Bank, SSB open on Sundays?

What time does Beal Bank, SSB open?

What time does Beal Bank, SSB close?

Are Beal Bank, SSB ATMs Open 24/7?

Do Beal Bank, SSB ATMs accept cash deposits?

Can Beal Bank, SSB customers use other ATMs?

Do Beal Bank, SSB branches have notaries?

Will Beal Bank, SSB notarize my document?

What address for Beal Bank, SSB should I put for incoming ACH transfers?

Will the Beal Bank, SSB branch print checks?

Do Beal Bank, SSB checks expire?

Does Beal Bank, SSB require US citizenship to open account?

Can Beal Bank, SSB close my account?

Does Beal Bank, SSB Report to credit bureaus?

Does Beal Bank, SSB Use Equifax?

What is Beal Bank, SSB's ACH Routing Number?

What is Beal Bank, SSB's SWIFT code?

Products

Does Beal Bank, SSB offer mortgages?

Compare mortgage rates here.

Does Beal Bank, SSB offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Beal Bank, SSB offer personal loans?

Compare personal loan rates here.

Does Beal Bank, SSB offer student loans?

Will Beal Bank, SSB cash a check?

Will Beal Bank, SSB redeem a savings bond?

Does Beal Bank, SSB cash savings bonds?

Will Beal Bank, SSB cash money orders?

Can Beal Bank, SSB issue a money order?

Does Beal Bank, SSB do currency exchange?

Background on The Bank

Who owns Beal Bank, SSB?

How long has Beal Bank, SSB been around?

Can Beal Bank, SSB transfer to other banks?

Does Beal Bank, SSB have quick pay?

Does Beal Bank, SSB accept rolled coins?

Will Beal Bank, SSB accept loose change?

Where is Beal Bank, SSB headquarters?

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