Beal Bank USA

Headquarters

1970 Village Center Cir
Las Vegas, NV 89134
See all branch locations →

Notable Rates APY Vs.Others
Savings 4.25% 5.50% →
1-Year CD 4.50% 4.80% →
2-Year CD 4.15% 4.25% →
5-Year CD 3.80% 4.05% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Bank Information

Beal Bank USA is an FDIC insured institution located in Las Vegas, NV. It was founded in 2004 and has approximately $17.5 billion in assets. Customers can open an account at one of its 24 branches.

FDIC Insured Yes
FDIC Certificate # 57833
Date Established 2004
Assets $ 17.50 billion
Loans $ 2.51 billion
Deposits $ 9.37 billion
Capital $ 3.76 billion
 

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

Deposit Rates - December 10, 2024

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
SAV
4.25% $500 - Learn More
Money Market
4.00% $25,000 - Learn More
CD Rates APY MIN MAX
3 Month
4.80% $1,000 - Learn More
6 Mo CD
4.75% $1,000 - Learn More
12 Mo CD
4.50% $1,000 - Learn More
18 Mo CD
4.20% $1,000 - Learn More
24 Mo CD
4.15% $1,000 - Learn More
36 Mo CD
3.85% $1,000 - Learn More
48 Mo CD
3.80% $1,000 - Learn More
60 Mo CD
3.80% $1,000 - Learn More


Loan Rates - December 10, 2024

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Beal Bank USA

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




Featured - Washington 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Monthly
Payment
Learn More
Sammamish Mortgage Company
NMLS ID: 118653
License#: CL-118653
6.340% 6.250%
1.00 points
$3,034 fees
$1,971 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.580% 6.490%
0.75 points
$3,020 fees
$2,021 Learn More
PenFed Credit Union
NMLS ID: 401822
6.782% 6.625%
1.00 points
$5,195 fees
$2,049 Learn More
Rocket Mortgage
NMLS ID: 3030
7.089% 6.990%
1.00 points
$3,200 fees
$2,127 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Rate
Rate
See Table
Intro APR 9.600 %
After Intro: 9.600 %
$25,000 Learn More
More Info

Note to Beal Bank USA
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Branches

Beal Bank USA 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:
Seattle,Washington



Climate Policy and Initiatives

Beal Bank USA is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.


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Financial Details

Beal Bank USA Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Beal Bank USA. 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 USA U.S. Bank Average
10.51% 4.48%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2024, Beal Bank USA had $394,406,000 in non-current loans and $3,304,000 in owned real estate. To cover these potential losses it had $3,763,363,000 in equity and $21,834,000 in loans loss reserves. That gives it a Texas Ratio of 10.51%.

Return on Equity
Beal Bank USA U.S. Bank Average
53.6% 10.46%

Beal Bank USA has a Return on Equity of 53.6% versus the BestCashCow average of 10.46%. 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 USA U.S. Bank Average
21.5% 10.84%

Beal Bank USA has a Capitalization of 21.5% versus the BestCashCow average of 10.84. 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 USA Balance Sheet Analysis

As of June 30, 2024, Beal Bank USA had assets of $17,500,461,000, loans of $2,512,491,000, and deposits of $9,366,777,000. 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.

Summary Balance Sheet

June 30, 2024
ASSETS
Cash & Balances due from depository institutions $ 538.07 million
Interest-bearing balances $ 500.71 million
Total securities $ 13.30 billion
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 2.51 billion
Loan loss allowance $ 21.83 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 3.30 million
Goodwill and other intangibles N.A.
All other assets $ 1,734.41 million
     Total Assets $ 13.74 billion
LIABILITIES
Total deposits $ 9.37 billion
      Interest-bearing deposits $ 9.10 billion
      Deposits held in domestic offices $ 9.37 billion
      % insured (estimated) 71.35%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 5.22 billion
Subordinated debt N.A.
All other liabilities $ 65.35 million
      Total Liabilities $ 13.74 billion
      Shareholders’ Equity $ 3.76 billion

Summary Income Statement

June 30, 2024
INCOME AND EXPENSES
Total Interest Income $ 453.49 million
Total Interest Expense $ 316.44 million
Net interest income $ 137.05 million
Provision for loan and lease losses N.A.
Total non interest income $ 1,251.93 million
Total non interest expense $ 87.88 million
Pre-tax Net Operating Income $ 518.39 million

Bank Loan Profile?

The top three loan types in Beal Bank USA’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks in Nevada, Beal Bank USA has a significantly higher percent of Commercial and Industrial Loans 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 4.20
Multifamily
Mortgages
0.16
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.21
Construction and Development Loans 0.15
Commercial Real Estate 54.96
Commercial and Industrial Loans 68.47
Farm Loans 0.00

Customer Reviews for Beal Bank USA


  • February 9, 2021 |

    The wonderful assistants at Beal Bank are wonderful. Rebeca took great care of me and made sure all my concerns were addressed.

  • July 2, 2019 |

    I recently bought a Beal Bank cd through my stock broker. It matured about a week ago. I never received any interest on it.

  • December 11, 2018 |

    Good service.


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