Texas Bank Under $6 Billion Ties Itself to Trump’s Pro-Bitcoin Power Bloc

Key Highlights

• A Small Bank Makes a Big Crypto Pivot Monet Bank openly states that it aims to become the premier digital asset financial institution, offering forward-facing solutions for Bitcoin, stablecoins, and broader digital asset finance.
• The bank, regulated by the FDIC, has six offices in Texas and was known for decades as Beal Savings Bank.
• Earlier this year, it briefly became XD Bank before adopting the Monet brand, a sequence of rebrands that signals a deliberate strategic shift.
• Beal, who founded Beal Financial Corp., is known both for high-stakes poker and for heavily backing Trump’s 2016 presidential campaign through personal political committees.
• His renewed entry into the digital-asset sector positions Monet as one of the few federally regulated banks openly prioritizing crypto infrastructure.