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Brent Lundberg
Illustration: Andrey Suslov/iStock
Plano-Based Beal Bank Enters the Online CD Market with Two New Divisions
by Dallas Innovates | Staff Report | Jan 25, 2023
Plano-based Beal Bank has entered the online CD market with two newly introduced divisions: UmbrellaBank.com and myCDbank.com. Targeting savings depositors and investors nationwide, the two divisions specialize in offering online-only certificates of deposit (CDs) with competitive rates. Each is currently featuring a 12-month CD at 4.65% APY with a $1,000 minimum deposit.
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Until recently, the majority of Lee Brown’s academic career and research at Texas Woman’s University had centered on corporate political activities and business-government interaction. But just two short years ago, Brown, the business college’s associate dean of research and an associate professor of management, started delving into artificial intelligence technology....
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Dallas-based third-party logistics company MODE Global has acquired the freight brokerage business of Pennsylvania-based Jillamy, a provider of freight transportation, warehousing, fulfillment and packaging services, and an independent agent of MODE Transportation....
Siemens has acquired Troy, Michigan-based Altair Engineering, a provider of software in the industrial simulation and analysis market, in a deal valued at roughly $10 billion.
With the acquisition, Siemens strengthens its position as a leading technology company and its leadership in industrial software, the company said....
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