Sitting out the credit boom has helped make Beal Bank one of the healthiest banks in the nation.

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McTeer, for instance, was named to the board of Beal Bank in 2009.

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He bought a Lansing, Mich. rental home at age 19, and opened the first branch of Beal Bank in Texas 1988.

FORBES: Andrew Beal

When the boom turned to bust, Beal Bank was in a perfect and healthy position to profit by buying distressed assets cheaply.

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He virtually shut down his Beal Bank between 2004 and 2007.

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Beal Bank is a relatively small bank based in Plano, Tex.

FORBES: Billionaire Banker Targeting Big Banks Over Mortgages

In 2002 billionaire banker Andy Beal had his Beal Bank sue the Federal Deposit Insurance Corp. in a lawsuit that accused the FDIC of originating faulty subprime mortgages to unqualified borrowers.

FORBES: Billionaire Banker Targeting Big Banks Over Mortgages

The bank is owned by billionaire Andrew Beal.

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While there has been much hand wringing about a lack of bank lending in the country and an inability to get loans, Beal says he has found it hard to find good loan opportunities.

FORBES: Billionaire Banker's Blowout Year