New South Federal Savings Bank
| Status: | Inactive as of 12/18/2009 |
| Absorption - Assisted | |
| Successor Bank: | Beal Bank |
| Headquarters: | New South Federal Savings Bank 2000 Crestwood Blvd Birmingham, AL 35210 |
| Established: | 01/24/1985 |
| FDIC Insurance: | 08/09/1989 |
| FDIC Cert: | #32276 |
| Charter Class: | Savings banks, state charter, supervised by the FDIC |
| Total Assets: | $1,464,127,000 |
| Total Deposits: | $1,163,916,000 |
History
| 1985-01-24 | Institution established: Original name:New South Federal Savings Bank | |
| 1990-04-17 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED | |
| 2009-12-18 | Failed. Acquired with government financial assistance and subsequently operated as part of Beal Bank (32574) | |
| 2010-01-31 | Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION | |
| 2010-01-31 | Changed institution class to FDIC SUPERVISED SAVINGS BANK | |
| 2010-01-31 | Changed name to Beal Bank, SSB (32574) | |
| 2011-10-14 | Acquired Charter Bank (59030) in ALBUQUERQUE, NM | |
| 2020-12-15 | Changed name to Beal Bank. | |
| 2020-12-15 | Changed Bank Class to NM. | |
| 2020-12-15 | Changed Organization Type to COMMERCIAL BANK. |