News and Press Releases

July 2015

6th Annual Woodforest Charity Run®

The 6th annual Woodforest Charity Run has been set for Saturday, September 12, 2015 at Heritage Place Park in downtown Conroe, Texas. This year's event will consist of; 1 mile fun run, certified 5k, certified 10k and the Barkley Shoe Dash. For more information visit Woodforest Charity Run.

The Woodforest Charitable Foundation® was created by Woodforest National Bank® in 2005 as a direct result of its desire to support and invest in the communities in which it serves. The Foundation is committed to assisting those in need, enriching lives and communities through dedicated leadership and faithful administration by providing funding to qualifying 501(c)(3) charities. For additional information regarding the Woodforest Charitable Foundation, call (832) 375-CARE (2273) or visit the foundation’s website at www.wcf.org.

Woodforest National Bank

Celebrating 35 years of service and ranked among the top earning banks in the United States, the Woodforest family of banks currently has assets of approximately $4.3 billion and services more than one million customers with branches in excess of 749 throughout seventeen states: Texas, Alabama, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Mississippi, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Virginia and West Virginia. For information about Woodforest National Bank, please call 832-375-2000 or visit the bank’s website at www.woodforest.com.

Source:  Woodforest National Bank

May 2015

Cincinnati Development Fund Welcomes Woodforest National Bank® as new funding partner

Cincinnati, Ohio (May 19, 2015) – Cincinnati Development Fund (CDF) today announced a new partnership that will provide access to $500,000 in loan capital for community revitalization projects in Greater Cincinnati.

For Woodforest National Bank, a $3.7 billion-asset financial institution based in The Woodlands, Texas, the move represents its first investment in the revitalization of Greater Cincinnati’s low-income neighborhoods. Woodforest entered the Greater Cincinnati market in 2006 and now operates 10 branches in local Walmart stores.

“Woodforest National Bank is committed to being a good corporate citizen in the communities we serve through community lending, investments and volunteer service hours in each of our 17 states,” said Boyd Nelson, Woodforest National Bank’s Executive Vice President and Director of Community Development. “Through our new relationship with CDF, we will be able to support vital community development projects that align with our mission and meet the needs of Greater Cincinnati communities.”

“We are very excited to welcome Woodforest National Bank into the CDF family,” said Jeanne Golliher, President and CEO of Cincinnati Development Fund. “So many great things are happening in our community today, and this additional loan capital from Woodforest National Bank will enable CDF to support many more worthwhile projects in the urban core.”

About Cincinnati Development Fund

Cincinnati Development Fund (CDF) has been serving Greater Cincinnati for more than 25 years as a community development financial institution, helping to revitalize urban neighborhoods. CDF has financed projects in excess of $295 million, resulting in the creation of more than 5,000 units of housing. Today, CDF operates multiple loan funds for real estate development and nonprofit facilities and equipment financing. To learn more about CDF, visit www.cincinnatidevelopmentfund.org.

About Woodforest National Bank

Woodforest National Bank is a privately owned financial institution based in The Woodlands, Texas. It has successfully stood among the strongest community banks in the nation, proudly offering unsurpassed quality customer service since 1980. Woodforest National Bank offers both consumer and business products and services at more than 749 branches in 17 states across the United States. For more information, visit www.woodforest.com.

Source:  Cincinnati Development Fund

 

April 2015

Cathy Nash named President and Chief Executive Officer of Woodforest National Bank®


Cathy Nash

Robert E. Marling, Jr., Chairman and Chief Executive Officer of Woodforest Financial Group, Inc., announced the Board of Directors of Woodforest National Bank has named Cathleen (Cathy) Nash as the bank's President and Chief Executive Officer.

The Woodlands, Texas (April, 2015) Robert E. Marling, Chairman and Chief Executive Officer of Woodforest Financial Group, Inc., is pleased to announce the Board of Directors of Woodforest National Bank has named Cathleen (Cathy) Nash as the bank’s President and Chief Executive Officer, effective April 16, 2015.

“Cathy’s leadership abilities and strategic vision will be a great addition to our company as we continue to cultivate the needs of our customers in each of the communities we serve,” said Marling. “In my role as chairman of the bank’s board and CEO of the holding company, I look forward to supporting Cathy as the new president and CEO of our bank.”

Nash brings 30 years of banking experience to Woodforest with a strong and successful background in retail and commercial banking, having most recently served as President and CEO of Citizens Republic Bancorp based in Michigan. Nash is an active voice in the banking industry, and formerly served on the board of directors for the Consumer Bankers Association and as a member of ABA’s American Bankers Council. She and her husband, Macauley, reside in The Woodlands, Texas.

Nash states, “I’m excited to join this great group of bankers and look forward to continuing the bank’s legacy of success and community involvement.”

For more information about Woodforest National Bank, please call 832-375-2000 or visit the bank’s web site at www.woodforest.com .

Source: Woodforest National Bank

March 2015

Financial Strength Ratings

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