UmbrellaBank.com is a division of Beal Bank. Headquartered in Plano, Texas (near Dallas), Beal Bank has branches in major metropolitan areas across the United States. Since its founding in 1988, Beal Bank has built a reputation as a stable, strong financial institution, with capital in excess of $793 million and assets in excess of $6.6 billion as of December 31, 2022.
Beal Bank has achieved:
- A tier 1 capital ratio of 75.7%, higher than the national average of 13.56%.** This ratio is an industry-standard designation of stability and long-term financial health.
- Maintaining high capitalization, a leading indicator of bank strength
The Beal Bank standards of responsive customer service, stability and earnings for its depositors are also part of the UmbrellaBank.com experience:
- A member of the FDIC and an Equal Housing Lender
- UmbrellaBank.com deposit accounts are covered by FDIC insurance to at least $250,000 per depositor
You can learn more about Beal Bank at the Beal Bank website.