Is Beal Bank safe?
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.
Is Beal Bank FDIC insured?
Our core focus is offering competitive rates on deposit accounts through a variety of savings solutions including CDs, money market accounts, statement savings accounts and IRA CDs. All deposits are insured by the FDIC up to at least $250,000 per depositor.
What is the penalty for withdrawing a CD early?
| CD Term | Early-Withdrawal Penalty |
|---|---|
| 3-12 months | 3 months interest |
| 12-24 months | 6 months interest |
| More than 24 months | 12 months interest |
| Minimum penalty amount | $25 |
What kind of accounts does Beal Bank have?
Beal Bank has a complete suite of banking products, including savings accounts, money market accounts, CDs and IRAs. It offers a standard savings account APY, making it a suitable option if you need a place to store your money. Beal Bank USA is a financial institution that was established in 2004.
Is there a Beal Bank in Las Vegas?
Beal Bank USA is an FDIC insured institution located in Las Vegas, NV. It was founded in 2004 and has approximately $5.27 billion in assets. Customers can open an account at one of its 24 branches.
What is the Roe of Beal Bank USA?
A bank with a consistently low ROE can be considered poorly run. Beal Bank USA has a Capitalization of 32.95% versus the BestCashCow average of 11.96. 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.
What’s the interest rate on a Beal Bank CD?
With a savings rate of 0.25%, Beal Bank and Beal Bank USA rank below the mean in comparison to the average U.S. bank. Beal Bank’s one-year and five-year term CDs earn at a rate of 1.55% and 1.55%, respectively, while its highest-yielding money market account has an APY of 1.51%.