Beal Bank

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Beal Bank.jpg

Beal Bank is a bank based in Plano, Texas, with one deposit branch in the Birmingham District.

Beal, which has branches in several major metropolitain areas, acquired the assets of New South Federal Savings Bank for $1.2 billion when the thrift failed on December 18, 2009.

In 2010 the bank downsized and relocated its 7,000 square-foot local office on Automation Way near Crestwood Boulevard in Irondale to a 1,800 square-foot space at The Hollywood on Hollywood Boulevard at U. S. Highway 280.


  • Jarvis, Crystal (December 18, 2009) "New South seized by regulators." Birmingham Business Journal
  • Cooper, Lauren B. (November 19, 2010) "Beal Bank moving branch from Irondale to Homewood." Birmingham Business Journal

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