Neha Patil (Editor)

Woodforest National Bank

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Type
  
Private

Products
  
Financial Services

Total equity
  
$349.5 million (2012)

Total assets
  
3.7 billion USD (2012)

Number of employees
  
4,843

Industry
  
Banking

Net income
  
78.5 million (2012)

CEO
  
Robert E. Marling (1990–)

Founded
  
1980

Parent organization
  
Woodforest National Bank

Woodforest National Bank httpswwwwoodforestcomFrontendImagesheaderl

Key people
  
Cathleen Nash(Chief Executive Officer)

Headquarters
  
The Woodlands, Texas, United States

Subsidiaries
  
Woodforest National Bank, Woodforest Capital Trust I, Delta Card Services, Inc.

Woodforest national bank online banking login how to access your account


Woodforest National Bank is a privately held bank headquartered in The Woodlands, Texas. As of March 2013, it had more than 788 branches in 17 different states. Woodforest National bank is Walmart's largest retail partner. Woodforest has a few branches that are open 24 hours a day and 364 days of the year. Woodforest National Bank also partners with Sam's Club and Kroger in a few states.

Contents

In addition to regular accounts, Woodforest National Bank offers "second chance" checking accounts for customers who have not remained in good standing with ChexSystems, albeit with higher fees and a much longer probation period than PNC Bank as of March 2012. In addition to a second chance checking account for consumers, Woodforest National Bank also offers a second chance business account. In the summer of 2013, Woodforest National bank launched a merchant services device that attaches to cellular phones called Cell It.

In March 2013, Woodforest National Bank and Western Union reached a deal to provide money transferring services globally at Woodforest National Bank Locations.

Asking for public s help identifying woodforest national bank robbery suspects


Sponsorship

A five-acre facility located in the Woodlands Trade Center was created partly thanks to a $1 million donation from Woodforest National Bank. As of April 2013 it is being renamed "Woodforest Food Bank Center for Montgomery County Food Bank". The food center is campaigning to raise $6.5 million to purchase and renovate a 60,000 square feet (5,600 m2) facility. Contributions where also made by Anadarko Petroleum Corporation, Kroger, Wal-Mart, and H-E-B. The Woodforest National Bank is sponsoring its annual 5K Tomball Dash, benefiting the Woodforest Charitable Foundation.

Conroe Independent School District sold naming rights for a 10,000 seat stadium in Shenandoah, Texas for $1 million to Woodforest National Bank.

Fee disputes

Woodforest National Bank and the Office of the Comptroller of the Currency reached a $32 million settlement regarding the bank's continuous overdraft fees, and a 2014 class action settlement put an end to debit card transaction processing in the same order as check processing, potentially resulting in additional overdraft fees.

References

Woodforest National Bank Wikipedia


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