Company type | Private |
---|---|
Industry | Financial services |
Founded | 1980 |
Headquarters | The Woodlands, Texas, USA |
Key people | James Dreibelbis (Chief Executive Officer)[1] |
Products | Banking |
203.1 million (2024)[2] | |
Total assets | $9 billion (2024)[2] |
Total equity | $349.5 million (2024)[2] |
Number of employees | 4,598[2] |
Parent | Woodforest Financial Group |
Website | woodforest.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]