Woodforest National Bank

Woodforest National Bank
Company typePrivate
IndustryFinancial services
Founded1980
HeadquartersThe Woodlands, Texas, USA
Key people
James Dreibelbis
(Chief Executive Officer)[1]
ProductsBanking
203.1 million (2024)[2]
Total assets$9 billion (2024)[2]
Total equity$349.5 million (2024)[2]
Number of employees
4,598[2]
ParentWoodforest Financial Group
Websitewoodforest.com

Woodforest National Bank is a privately held bank headquartered in The Woodlands, Texas. As of March 2020, it had more than 770[3] branches in 17 different states.[4] Woodforest National Bank is Walmart's largest retail partner, and also provides financial services for Sam's Club members. The bank also has a branch inside the main location of Houston's Gallery Furniture.

In addition to regular accounts, Woodforest National Bank offers "second chance" checking accounts for customers who have not remained in good standing with the check verification service ChexSystems, albeit with higher fees and a much longer probation period compared to traditional banks,[5] along with the same type of account for commercial customers.[6]

  1. ^ Mathews, Chris (Jan 18, 2019). "Woodforest National Bank promotes executive to president, CEO".
  2. ^ a b c d "FDIC". March 27, 2024.
  3. ^ "BankFind Suite". banks.data.fdic.gov. Retrieved 2024-03-27.
  4. ^ "IR, Western Union and Woodforest National Bank Sign Multi-Year Agreement". Andrew Silver. March 18, 2013. Retrieved March 18, 2013.
  5. ^ Ambrose, Eileen (March 5, 2012). "When you can't get a checking account, where do you go?". Baltimore Sun. Retrieved March 29, 2012.
  6. ^ "Checking". www.woodforest.com. Retrieved 2017-08-17.