Welcome to the new Charter Bank!
The former Charter Bank, based in Santa Fe, was closed effective January 22, 2010, by the Office of Thrift Supervision, and a newly formed subsidiary of Beal Financial Corporation, based in Plano, Texas, assumed the deposits from the FDIC acting as Receiver.
The bank reopened Monday, January 25, as a new bank based in Albuquerque, under the name Charter Bank. (Read more...)
Beal Financial Corporation is a stable, extremely well-capitalized financial institution, with a strong belief in community banking and a commitment to serve the New Mexico market.
Please be assured that your deposits are safe. You may still bank at the same convenient locations. You may still work with the same local branch professionals who understand your banking needs. Nothing has changed except for the fact that Charter Bank and its customers now benefit from the financial strength of Beal Financial Corporation.
We look forward to serving you!
In The News
Beal Financial Subsidiary Purchases Deposits and Assets of Charter Bank in New Mexico
Dallas, TX (January 22, 2010) - Beal Financial Corporation, based in Plano, TX, announced that a newly formed subsidiary has completed the purchase of Charter Bank of Santa Fe, NM More »









