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Woodforest National Bank facts for kids

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Woodforest National Bank
Private
Industry Financial services
Founded 1980
Headquarters The Woodlands, Texas, USA
Key people
James Dreibelbis
(Chief Executive Officer)
Products Banking
203.1 million (2024)
Total assets $9 billion (2024)
Total equity $349.5 million (2024)
Number of employees
4,598
Parent Woodforest Financial Group

Woodforest National Bank is a bank based in The Woodlands, Texas. It is a private company, meaning its shares are not traded on a public stock market. As of March 2020, it had over 770 branches. These branches were located across 17 different states.

Woodforest National Bank is a big partner for Walmart stores. They also help Sam's Club members with their money needs. You can also find a Woodforest branch inside Gallery Furniture in Houston. Besides regular bank accounts, Woodforest National Bank offers "second chance" checking accounts. These accounts help people who have had past issues with their banking history.

Where You Can Find Woodforest Bank

Woodforest National Bank has many locations across the United States. In March 2013, Woodforest National Bank and Western Union made a deal. This allowed people to send money using Western Union services from Woodforest locations.

Here is a list of how many banking offices Woodforest National Bank has in different states:

Number of banking offices by State
State Banking offices
Alabama 42
Florida 6
Georgia 9
Illinois 53
Indiana 49
Kentucky 28
Louisiana 18
Maryland 11
Mississippi 26
New York 24
North Carolina 89
Ohio 77
Pennsylvania 50
South Carolina 32
Texas 204
Virginia 56
West Virginia 9

Community Support and Sponsorships

Woodforest National Bank helps its community in many ways. They have made donations to support important local projects.

Helping the Food Bank

A five-acre building in the Woodlands Trade Center was built with help from Woodforest National Bank. They gave $1 million for this project. As of April 2013, this building was renamed the "Woodforest Food Bank Center for Montgomery County Food Bank." The food center is working to raise more money. They want to buy and fix up a larger building. Other companies like Anadarko Petroleum, Kroger, Walmart, and H-E-B also helped with donations.

Sponsoring Local Events

Woodforest National Bank also sponsors local events. For example, they support the annual 5K Tomball Dash. This running event helps raise money for the Woodforest Charitable Foundation.

Stadium Naming Rights

The Conroe Independent School District sold the naming rights for a large stadium. This stadium has 10,000 seats and is in Shenandoah, Texas. Woodforest National Bank paid $1 million for these rights. Because of this, the stadium is now called Woodforest Bank Stadium.

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