BranchWatch

Monet Bank

Headquartered in Plano, TX. FDIC certificate #32574 · Federal Reserve RSSD 1176881.

Total assets
$3.2B
Deposits
$947M
Q1 2026
Active branches
6
Closings since Jan 2020
13
0 openings since Jan 2020

Financial snapshot — Q1 2026

All quarters
Net income (quarter)
$20M
Return on assets
2.39%
Return on equity
7.47%
Noncurrent loan rate
36.60%

Deposits by year (Summary of Deposits)

1
2019
1
2020
1
2021
3
2022
3
2023
2
2024
3
2025

Values in $ billions, June 30 of each year.

Closings by year

10
2021
2
2024
1
2025

Other network changes since 2020

  • 1 branch relocations
  • May 22, 2025: legal name changed from “XD Bank” to “Monet Bank”
  • March 28, 2025: legal name changed from “Beal Bank” to “XD Bank”
  • December 15, 2020: legal name changed from “Beal Bank, SSB” to “Beal Bank”

Branches by state

Recent closings

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.monet.bank.