Woodforest National Bank

Woodforest National Bank

Woodforest National Bank is a The Woodlands, Texas-based bank, founded in 1980, that operates branches in Texas, North Carolina, Ohio, Pennsylvania, Illinois, Indiana, Kentucky, South Carolina, Alabama, New York, West Virginia, Maryland and Virginia. Many branches are located within Wal-Mart stores. "Woodforest National Bank" is also located within many other retail stores such as Tom Thumb Food & Pharmacy, Krogers, Fruitlandia, and Sams Club. Many Woodforest branches are open 364 days a year, with some open 24 hours a day, and offer immediate availability on its customers' deposits with deposit deadlines at 8 pm. [ [http://findarticles.com/p/articles/mi_qn4182/is_20010227/ai_n10144408 Journal Record, The (Oklahoma City), Feb 27, 2001. Houston bank makes new meaning for `bankers' hours'] ]

It began as a small bank in East Houston within a suburb known as Woodforest in 1980, has grown into a network of 400+ branches as of 2007. Plans are to double the branch network within the next few years. Woodforest began its Retail partnership with Wal-Mart in 1996. Woodforest currently plans to open over 200 new branches in 2008 throughout 12 states.fact|date=March 2008

Woodforest is owned by Woodforest Financial Group, Inc., which also owns Woodforest Bank, a Federal Savings Bank, and Woodforest Financial Services, Inc., an investment advisor.

Woodforest National Bank was also recognized in 2007 by J. D. Power and Associates for Highest Retail Banking Satisfaction in the south-west region of the United States. [ [http://www.jdpower.com/corporate/news/releases/pressrelease.aspx?ID=2007086 2007 Retail Banking Satisfaction Study, J.D. Power and Associates] ]

References

Further reading

* [http://sundaygazettemail.com/News/GeorgeHohmann/200803080510 Sunday Gazette-Mail: March 9, 2008 "State banks have a new competitor"]
* [http://www.pegasusnews.com/news/2008/mar/12/fbi-investigating-mckinney-bank-robbery/ FBI investigating McKinney bank robbery]
* [http://timesunion.com/AspStories/story.asp?storyID=675626&category=BUSINESS&newsdate=3/27/2008 Times-Union, Albany, Thursday, March 27, 2008 Texas bank plans branch in Wal-Mart. Woodforest to open in expanded Crossgates Commons store. By CHRIS CHURCHILL, Business writer]

External links

* [http://www.woodforest.com/ Woodforest National Bank]
* [http://www.woodforestcharitablefoundation.org/ Woodforest Charitable Foundation]
* [http://www.woodforestfinancial.com/ Woodforest Financial Services, Inc.]


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