The Woodforest bank is a regional bank headquartered in The Woodlands, Texas. The bank was founded in 1980 as a privately held bank. In 2002, it converted to a state-chartered bank and became a member of the FDIC.
In 2005, the bank went public and is now traded on the NASDAQ under the ticker WFSL. Woodforest has been consistently named one of the “Top Performing Banks” by SNL Financial and has received an “Outstanding” rating on its most recent Community Reinvestment Act (CRA) exam.
The difference between Woodforest and any other bank lies in our dedication to customer service. Our employees are empowered to make decisions that are best for our customers, not for the bank. We take a personal interest in each and every customer and work to develop lasting relationships.
Woodforest offers a wide range of products and services, including personal checking, savings, money market, certificates of deposit (CDs), consumer loans, home equity loans, credit cards, and business banking products. They also provide online banking, 24-hour telephone banking, and ATM access.
Important Update on COVID-19
In response to COVID-19, Woodforest bank working hours can vary, or maybe the spot can be currently closed as a consequence of quarantine limits. Check out the specifics of delivery choices on the local website of Woodforest bank.
Woodforest bank tweaked their working hours to permit employees a little extra time to clean as well as resupply goods on racks. Added to that, numerous Woodforest bank locations have recently set up distinct shopping hours for members of the at-chance class.
What time does Woodforest open?
| Monday | 10:00 AM – 06:00 PM |
| Tuesday | 10:00 AM – 06:00 PM |
| Wednesday | 10:00 AM – 06:00 PM |
| Thursday | 10:00 AM – 07:00 PM |
| Friday | 10:00 AM – 07:00 PM |
| Saturday | 10:00 AM – 04:00 PM |
| Sunday | 12:00 AM – 04:00 PM |
Is Woodforest bank closed on weekends? – No, they work every day.
What are Woodforest bank hours for today? – You can look through our tables with operating hours and in case you need a certain store – examine the official webpage.
What time does Woodforest bank close? – On Mon-Wen they close at 6 pm, on Thu-Fri they close at 7 pm, on Sat-Sun they close at 4 pm.
Are they open right now? – You can check our tables with working hours.
What is the history of Woodforest bank?
The bank was founded in 1980 in Montgomery County, Texas, and has since grown to over 750 branches in 17 states. At first, it was a privately held company that allowed only family and friends to invest.
In 1982, the bank received state charter and federal deposit insurance. The quick expansion lead to the bank’s name change to Woodforest National Bank in 1985. It was then that the bank went public and started to offer services such as loans and mortgages. The late 1990s saw another period of growth for the bank, as it acquired several smaller banks and opened new branches.
Woodforest National Bank was acquired by a German bank, Deutsche Bank in 1991. However, the Woodforest name and management team remained in place. Already in 2006, the bank once again became a publicly-traded company.
After all, in 2009 the bank faced some difficult times because of the financial crisis. However, it quickly recovered and returned to profitability in 2010. During 2012 the company completed several key acquisitions that helped to fuel its growth.
The new era for Woodforest started in 2018 when it was announced that the company had agreed to be acquired by JP Morgan Chase. This will make Woodforest the largest bank in Houston and one of the top regional banks in the country.
Nowadays Woodforest bank is a thriving institution that is still expanding. It offers a wide range of financial products and services to its customers and remains a strong community player.
Woodforest bank Holiday Hours – Close
| DATE | HOLIDAY |
|---|---|
| January 01 | New Year’s Day |
| November 28 | Thanksgiving Day |
| December 25 | Christmas Day |
Woodforest bank Holiday Hours – Open
| DATE | HOLIDAY |
|---|---|
| January 21 | Martin Luther King Jr. Day |
| February 14 | Valentine’s Day |
| February 18 | President’s Day |
| March 5 | Mardi Gras Fat Tuesday |
| March 17 | St. Patrick’s Day |
| April 19 | Good Friday |
| April 21 | Easter Sunday |
| April 22 | Easter Monday |
| May 5 | Cinco de Mayo |
| May 27 | Memorial Day |
| July 04 | Independence Day |
| June 16 | Father’s Day |
| May 12 | Mother’s Day |
| September 02 | Labor Day |
| October 14 | Columbus Day |
| October 31 | Halloween |
| November 11 | Veterans Day |
| November 29 | Black Friday |
| December 26 | Day after Christmas |
How many locations does Woodforest National bank have?
Today the company operates 788 branches in 17 states. Texas has the most locations with 301, followed by California with 117 and Florida with 99. The headquarters are located in The Woodlands, Texas.
Woodforest bank near me
What are their core values?
Woodforest National Bank’s core values are Excellence, Integrity, Community, and Fun. These values guide everything they do, from the way they treat their customers and employees, to the products and services they offer.
Excellence: They strive to be the best at everything they do, whether it’s providing world-class customer service or creating innovative banking products.
Integrity: They always do the right thing, even when no one is watching. This means being honest, transparent and fair in all of their dealings.
Community: They believe in giving back to the communities they serve. They are committed to making a positive difference in the lives of their customers, employees, and shareholders.
Fun: They believe that work should be enjoyable. They strive to create a positive, energetic and fun environment where people can do their best work.
Is Woodforest a real bank?
Sure, Woodforest is a real bank. It is a regional bank that has an “A+” rating from BBB and is FDIC insured. Customers have given it high marks for its convenient locations and friendly staff. However, some have criticized its fees and account requirements. Overall, Woodforest is a reputable bank that offers a variety of financial services.
Services at Woodforest bank
Online and mobile banking
For people who like to do their banking on the go, Woodforest offers both online and mobile banking. With online banking, you can check your account balances, transfer funds, and pay bills. The Woodforest mobile app gives you all of those features as well as the ability to deposit checks by taking a picture of them.
Credit cards
Woodforest offers a variety of credit cards with different benefits, such as cashback rewards or travel points. You can use your Woodforest credit card to make purchases anywhere Visa is accepted. Clients also can get goods and services, Wire cash advances, and attain balance inquiries.
Personal investments and Insurance
Woodforest offers both personal investment and insurance services. With personal investments, you can get help growing your wealth and planning for retirement. The Insurance Services offered by Woodforest include life, auto, and homeowners insurance.
Individuals can opt-out among different insurance plans which include a death benefit, disability income protection, and long-term care insurance. Moreover, personal investment services comprise of varied options for account management such as managed accounts, wrap programs, and self-directed IRAs.
Merchant services for small business
Woodforest National Bank provides merchant services to small businesses. Merchant services are a type of credit card processing that allows businesses to accept credit and debit card payments. Woodforest offers merchant services through its subsidiary, Woodforest Payment Solutions, LLC.
So if you are an owner of a small business, you may want to consider using Woodforest’s merchant services that will help you to grow your business. For example, there is a fee-free program that allows businesses to accept payments without paying any monthly fees.
Business overdraft services
Like any other business, sometimes you may find yourself in a situation where you need to borrow money quickly. In those cases, Woodforest offers business overdraft services. This service allows businesses to borrow money up to their approved credit limit and pay it back over time. This opportunity gives you the flexibility to borrow what you need when you need it.
Federal Tax payments
Small business owners may also find it helpful to know that Woodforest can help them make Federal Tax payments. The IRS offers a payment plan called the Electronic Federal Tax Payment System (EFTPS). This system allows businesses to make tax payments online or by phone. Woodforest National Bank is an authorized EFTPS agent, so you can use our services to make your tax payments.
So if you are a small business owner, be sure to check out the services Woodforest has to offer you. You may find that we can help you grow your business in ways you never thought possible.
Commercial services
Moreover, Woodforest National Bank offers a variety of commercial services, which can benefit small businesses. For example, Woodforest has a free online banking service that allows businesses to manage their accounts and make transactions anywhere at any time.
In addition, Woodforest offers sweep accounts, which is a type of account where the funds from different checking accounts are pooled together to create one larger balance. This can be helpful for businesses who want to have one account that they can use to pay bills or make other transactions.
Many commercial services also help businesses to manage their cash flow. For example, Woodforest’s remote deposit capture service allows businesses to deposit checks electronically without having to go to the bank. This can save time and money for businesses that have a lot of check deposits.
Is Woodforest bank FDIC insured?
The FDIC is an independent agency of the United States government that protects consumers’ deposits in banks and savings associations. This means that your deposits at Woodforest National Bank are insured up to $250,000 per account.
So if the bank is FDIC insured, it implies that your money is safe and you don’t have to worry about it. Woodforest is one of those banks and its clients can be rest assured their money is in safe hands.
How can you open a Woodforest account?
You can open a Woodforest account by visiting any of their branches or calling their Customer Care Center. You will need to have the following information handy:
- Your social security number
- Your driver’s license or other government-issued ID
- Your current address, phone number, and email address
- The amount of money you would like to deposit
Opening a Woodforest account is easy and only takes a few minutes. If you have any questions, our friendly customer service representatives will be happy to assist you.
Can you open a Woodforest bank account online?
In fact, Woodforest offers a number of different online banking services that can benefit businesses. For example, our online banking service allows businesses to manage their accounts and make transactions anywhere at any time. This service is free and easy to use.
In addition, Woodforest offers a variety of other online services that can help businesses manage their finances. For example, our remote deposit capture service allows businesses to deposit checks electronically without having to go to the bank. This can save time and money for businesses that have a lot of check deposits.
FAQs
How much can you withdraw from Woodforest bank?
Usually, the limit is $810 per account per day from an ATM and $5,000 per day from a teller. There are limits on how much you can withdraw from your account each day. The limit for ATM withdrawals is $810 per account per day. The limit for teller withdrawals is $5,000 per day. If you need to withdraw more money than these limits allow, you can contact Woodforest bank customer service to arrange a higher limit.
Can you deposit cash in Woodforest ATM?
Yes, you can deposit cash in Woodforest ATM and the limit is $10,000 per day. You will need to have your cash and a deposit envelope. The deposit envelope is available at the ATM. To make a deposit, insert your card, select Deposit on the screen, enter the amount of cash you want to deposit and insert the envelope into the ATM.
Does Woodforest check credit?
No, Woodforest does not check credit when you open an account with them. You will need to provide proof of identity and residence, as well as some other information. Also, in case you ever default on your account, Woodforest will report the debt to the credit bureaus.
Does Woodforest allow overdraft?
If you accidentally spend more money than you have in your account, Woodforest will allow you to borrow money to cover the difference. There is a fee for this service, and you will need to agree to the terms and conditions before enrolling. This means that you will need to repay the overdraft amount plus any fees within a certain period of time.
Final words
Woodforest is a bank that offers many services to its customers. These services include online banking, remote deposit capture, and overdraft protection. Woodforest is FDIC insured, which means that your deposits are safe. You can open an account by visiting any of their branches or calling their customer care center.
Many services are available to businesses including online banking and remote deposit capture. You can also arrange for a higher limit on ATM withdrawals if you need to withdraw more money than the daily limit allows. Woodforest does not check credit when you open an account with them.
If you accidentally spend more money than you have in your account, Woodforest will allow you to borrow money to cover the difference. There is a fee for this service, and you will need to agree to the terms and conditions before enrolling. This means that you will need to repay the overdraft amount plus any fees within a certain period of time.
