who-owns-woodforest-bank

Who owns Woodforest Bank?

Woodforest National Bank offers regular accounts. They also offer “second chance” checking accounts for customers who have not remained in good standing with ChexSystems. The “second chance” accounts have higher fees and a much longer probation period than PNC Bank as of March 2012. Woodforest National Bank also offers second-chance accounts for both consumers and…

Woodforest National Bank offers regular accounts. They also offer “second chance” checking accounts for customers who have not remained in good standing with ChexSystems.

The “second chance” accounts have higher fees and a much longer probation period than PNC Bank as of March 2012. Woodforest National Bank also offers second-chance accounts for both consumers and businesses.

who-owns-woodforest-bankWho owns Woodforest Bank?

Woodforest Financial Group is a privately held bank headquartered in The Woodlands, Texas. As of March 2020, it had more than 788 branches in 17 different states. 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 March 2013, Woodforest National Bank and Western Union reached a deal for the latter to provide wire transfer services from Woodforest locations. A five-acre facility located in the Woodlands Trade Center has been 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.

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