Beal Bank

Founded in 1988 by D. Andrew Beal, Beal Bank, along with its affiliate Beal Bank USA, operates as a wholesale financial institution. The bank's primary business model involves funding its operations by offering high-yield deposit products, such as Certificates of Deposit (CDs) and Money Market Accounts, to the public. These funds are then used to purchase and invest in commercial and real estate loans, as well as other debt instruments across various industries, including energy, manufacturing, and technology. The bank does not operate a traditional retail branch network, focusing instead on a centralized model for its deposit and lending activities.