Beal Bank is an American bank, which was founded by Texas-based entrepreneur D. Andrew "Andy" Beal. It includes two separately chartered banks, Beal Bank and Beal Bank USA. Each entity is insured by the Federal Deposit Insurance Corporation (FDIC).As wholesale banks, they do not offer consumer loans or checking accounts, and generally purchase loans within the secondary market rather than originating them. As of September 30, 2018, the banks had combined total assets of more than $7.9 billion and combined total capital of more than $2.9 billion.