Beal Bank, s.s.b.

Type: Private
On the web: http://www.bealbank.com

Everything's bigger in Texas, and Beal Bank is no exception. One of the largest private financial services firms based in the state, Beal is a wholesale bank that buys and sells pools of loans and debt securities on the secondary market. It also engages in more traditional banking activities, offering certificates of deposit, money market accounts, IRAs, and savings accounts to businesses and consumers nationwide. It has three offices in Texas (two in Dallas and one in Houston) and three in California (Los Angeles, Newport Beach, and San Francisco). Beal Bank was founded in 1988 by chairman and primary owner Andy Beal.

Officers:
Chairman and CEO: D. Andrew Beal
President, Beal Service Corporation: Commercial Lending

Competitors:
Freddie Mac
Fannie Mae
iStar Financial Inc