Please visit the Rates page to review our current Money Desk rates.

We are open from 8 AM to 4 PM Central time. Applications may be made online at any time.

Telephone: 1-866-668-9865
Email: MoneyDesk@bealbank.com
Online: Contact Us

Yes! Beal Bank USA is one of the soundest financial institutions in the country. For more information, please examine our Statement of Condition. 

Please use our Contact Us form to let us know you wish to unsubscribe.

You can begin our online application by selecting a term and rate from our Money Desk Rates page. Funds must be received within two business days to lock in your rate.

All applications submitted by 1:00 PM Central time will be reviewed that same day. You will receive an email notice (with wiring instructions) once your application has been approved or an email with further instructions. Please DO NOT send funding until you have received confirmation that we have a correct and complete application.

All CDs must be opened with at least $95,000.

The corporate resolution must contain the names of authorized signers with their signature. The authorized signers listed on the application must match the names listed on the corporate resolution exactly. This includes all middle initials, suffixes, middle names, etc.

If your Institution’s physical address is not the same as its mailing address, please include the mailing address on the new account application.

The purchase date is the date that funding is received. This date may be different than the date of the submitted application.

You must complete an application and submit a corporate resolution and W9. The corporate resolution must contain the names of authorized signers with their signature. The authorized signers listed on the application must match the names listed on the corporate resolution exactly. This includes all middle initials, suffixes, full names, etc.

Yes. All deposits are insured by the FDIC to at least $250,000 per depositor.

You may select a variance of + or – 2 days on the standard maturity dates for each specific term. Please note any variance requirements in the notes section on the new account application.

Go here and send a copy of the FDIC or NCUA approval, a new corporate resolution, and a W9.

Only banks and credit unions can open accounts through the Money Desk. A valid FDIC or NCUA number is required as part of the application process. Money Desk accounts can only be opened for benefit of the institution itself. Accounts for the benefit of a third-party are not allowed.

Safekeeping receipts will be sent via email within two business days after funding is received.

Interest payments may be made monthly via ACH or check. They may also be added back to the account quarterly. We will not send ACH payments to a General Ledger (GL), only a Demand Deposit Account (DDA) or Savings account.

Wire transfer - domestic: $15.00

Wire transfer - incoming: No Charge

Research per hour (min. 1 hr.): $25.00

Compliance with legal orders per hour: $35.00

(Fees may reduce yield)

Yes. Please see our disclosure for details.

Please click here to send written instructions, signed by authorized signer.

Please click here and submit a corporate resolution specifying the changes you wish to make regarding who is authorized to sign on your account.

Please click here to change the name on your account and provide updated documentation that supports the name change (a corporate resolution and a new W-9).

Please click here to close your account.

Please click here to renew your account.