News

News and Press Releases

October 10, 2017

Habitat for Humanity Unveils Donor Wall at Home Improvement Resale Shop

Montgomery County, Texas - Habitat for Humanity of Montgomery County, TX recently hosted a reception to unveil the new donor wall featured at its ReStore home improvement resale shop.

The wall showcases colorful plaques with the names of the generous donors who have supported the new and expanded non-profit home improvement resale store and donation center. Officially named “ReStore at the Woodforest Center” the new facility opened in February of 2016 at 9407 S.H. 242 in Conroe, approximately one and a half miles east from I-45, near The Woodlands.

During the reception, Habitat for Humanity of Montgomery County’s executive director Barbara Smith said, “We are so grateful for the commitment and vision of these individuals and organizations that has allowed us to construct a brand new ReStore at a prime location. Since its opening, ReStore has successfully generated important sustainable funding which in turn enhances Habitat for Humanity’s ability to build strong and safe homes and provide families with a life changing opportunity. We are extremely thankful for our donors.”

The donors recognized on the wall include: Pacesetters -Anadarko Petroleum Company and Woodforest National Bank; Cornerstone - Larry J. Abston, Lisa and Fred Koetting, Schulte Building Systems, Inc., Strike, Allison and Michael Wortley; Benefactor - Barbara and Stephen Crain, Megan and Cole Pate, SLI Group, Inc.; Patron - Colleen and Stephen Brown, Patricia and Travis Brown, Nikki and Eric Hird, Gail and Chris Osborne Family, Waste Management; Friends - Cyndi and Ron Brandt, Chevron Corporation, ConocoPhillips, Dominion Foundation, Duferco Steel, Huntsman, Suzanne and Dennis Millet, Brenda and John Mizell, Diane and Hal Novak, Sharon and Steven Primeau, Revenew International, In Memory of Tammy Roberts, Barbara and Michael Smith, Wells Fargo Bank.

The HabitatMCTX ReStore sells new and gently-used furniture, home accessories, building materials, appliances and more to the public at a fraction of the retail price. The ReStore concept reduces sub-standard housing, helps improve living conditions, and is environmentally friendly by re-purposing items for reuse and recycling. Proceeds from the sale of donated items are used by HabitatMCTX towards its mission of bringing people together to build homes, communities and hope. Through Habitat for Humanity, a faith-based nonprofit ministry, they are offered hope for a better future through a self-help solution. In an effort to facilitate decent, affordable homes in partnership with those in need, Habitat for Humanity provides permanent housing solutions to very low-income working families, helping them to become homeowners and break the cycle of poverty.

Photo: Pictured from left to right are: Allison and Michael Wortley, Habitat Board; Cole Pate, President and COO of Strike and Habitat Board, and Megan Pate; Barbara Smith, Habitat for Humanity of Montgomery County’s Executive Director; Larry Abston, Vice President of Corporate Audit for Anadarko Petroleum Company and Habitat Board Secretary; Lisa and Fred Koetting, CEO and President of Schulte Building Systems; Patricia Brown, Conroe Regional President of Woodforest National Bank and Habitat Board President; Isabel Jones, Habitat for Humanity of Montgomery County’s Director of Development.

Source: Woodlands Online®

October 2017

Woodforest National Bank®  Honored With ABA Foundation Community Commitment Award

The Woodlands, TX (October, 2017) - Woodforest National Bank has been nationally recognized by the American Bankers Association Foundation for its Wealth Building through Homeownership program with a 2017 Community Commitment Award. The award was given to Woodforest for its efforts in the Affordable Housing category and will be presented during ABA’s annual convention in Chicago on October 17.

Entries were divided in to six categories including affordable housing, community and economic development, financial education, economic inclusion, protecting older Americans and volunteerism. Award winners were chosen by a field of nationally-recognized experts.

Woodforest’s Wealth Building through Homeownership program, created in November, 2016, expands down payment assistance (DPA) through a first-of-its kind private-public venture with Texas Department of Housing and Community Affairs (TDHCA) to encourage low-to-moderate income (LMI) homeownership through an innovative $10 million loan agreement that increased access to DPA and closing cost funds. In the first five months, the program with TDHCA created over 1,500 new homeowners, with more than 81% of homeowners being LMI, representing over $250 million in new mortgages. The effectiveness of the program was also buoyed by Woodforest expanding housing counseling capacity across Texas through both direct homeownership education as well as providing scholarships through NeighborWorks® America to Housing Counseling Organizations to prepare for the Dodd-Frank Housing Counseling Certification.

“Research indicates a down payment can be one of the biggest hurdles for a potential homeowner. By lending TDHCA $10 million in affordable, long term, and reusable capital, TDHCA was able to increase the amount of funds available to Texas borrowers for zero percent down payment and closing cost assistance loans and offer a lower rate on their first mortgage; thus reducing the cost of home ownership. Since Woodforest is not a traditional mortgage lender, we wanted to find an effective solution to help people afford a home,” said Doug Schaeffer, Executive Vice President-CRA Director for Woodforest National Bank. “This program has had a tremendous direct impact in our communities. We are proud to lead the charge in finding new and innovative ways to grow homeownership in low- and moderate-income communities across Texas. Woodforest is currently syndicating the next round of financing and encourages interested community banks and minority depository institutions to participate in this innovative program. Interested parties can contact our Community Development team at the information provided below.”

“In a public/private structure the Texas Department of Housing and Community Affairs works with Woodforest National Bank to fund down payment assistance, making stable and affordable home ownership possible for low, very low and moderate income Texans. In addition to the benefit to these homeowners, it helps ensure Texas communities of a more stable workforce and provides essential financing for Texas’ homebuilding industry, said Tim Irvine, Executive Director of TDHCA. “This isn’t a win/win. It’s a win/win/win/win!”

“Wealth Building through Homeownership Program demonstrates Woodforest’s strong and passionate commitment to bettering the lives of its customers and local community,” said Rob Nichols, ABA president and CEO. “Their work embodies the mission of the Community Commitment Awards and they are a truly well-deserved recipient.”

About Woodforest

Celebrating over 35 years of community banking service, Woodforest National Bank has successfully stood among the strongest community banks in the nation, proudly offering unsurpassed quality customer service since 1980. Woodforest currently operates over 700 branches in 17 states across the United States.

Media Contact

Cindi Stewart
Sr. Vice President-Public Relations Director
Woodforest National Bank
832-375-2508
cstewart@woodforest.com

Community Development Team Contacts

Doug Schaeffer
EVP-Director Community Reinvestment
dschaeffer@woodforest.com

Daniel Galindo
VP-Director of CRA Strategic Initiatives
dgalindo@woodforest.com

July 2017

Woodforest National Bank® Woodforest National Bank gives $1 million gift to Houston Methodist The Woodlands Hospital 

Woodforest National Bank Sky Plaza

Front row(L to R): David Bratton, Dr. B.J. Westbrook, Michael Richmond, Kim Marling, Cathy Nash, Debbie Sukin, Larry Eichenbaum, Dr. Gerald Cobb, Ken Babcock, Kelly Holmes. Back Row (L to R): Dr. Dearl Dotson, Tom McCarley, Robert Marling, James More

The Woodlands, TX (July 24, 2017) - Houston Methodist The Woodlands Hospital’s leadership team and Woodforest National Bank Board members celebrated the naming of Woodforest Bank Sky Plaza during a ribbon cutting ceremony on July 19, 2017.

In late 2016, Woodforest National Bank committed $1 million to the new hospital to name its third floor atrium space and support the hospital’s Excellence Fund.

The Excellence Fund advances the hospital’s highest priorities and accelerates innovative research and physician recruitment in key clinical areas.

“Our demonstrated commitment to our communities is a perfect match for a partnership with Houston Methodist The Woodlands Hospital,” said Cathy Nash, CEO of Woodforest National Bank. “Our gift to the Excellence Fund provides the forum for our organizations to work together with a focus on offering the best programs, delivering Leading Medicine right here in The Woodlands, and making a positive impact on our friends and neighbors.”

The $1 million gift is the largest philanthropic commitment to a Houston Methodist hospital, outside the Texas Medical Center.

“Not only are we thankful to Woodforest National Bank for this remarkable gift, but we are also thankful that our institutions share common values and the commitment to serve The Woodlands and surrounding communities with integrity and purpose,” said Debbie Sukin, CEO of Houston Methodist The Woodlands.

Woodforest Bank Sky Plaza is among the most prominent spaces in the new hospital. It provides a space for patients, visitors, physicians and staff to visit and relax, and it will be the site for future hospital and community gatherings.


Source: Woodlands Online®

May 2017

Woodforest National Bank®Awarded Five Star Superior Financial Strength Rating for Fifth Consecutive Year

The Woodlands, TX (May 30, 2017) - Woodforest National Bank announced that it has been awarded the highest 5-star superior rating for a 5th consecutive year by BauerFinancial, Inc., the nation’s leading independent bank and credit union rating and research firm. Bauer released its most recent ratings based on December 31, 2016 financial data using certain criteria to determine the rating including but not limited to capital ratio, profitability, asset quality, risk management, regulatory supervisory agreement, the community reinvestment rating (CRA) and liquidity.

Cathy Nash, President and Chief Executive Officer of Woodforest National Bank states, “A 5-Star superior rating is an incredible honor. To be awarded the highest financial strength rating for a 5th consecutive year indicates that Woodforest is one of the strongest banks in the nation and positions us to help meet the needs of our customers and the communities we serve. According to the BauerFinancial Star Rating History report Woodforest has received 4-Star Excellent and 5-Star Superior ratings consecutively since 1992.”

BauerFinancial, Inc., Coral Gables, Florida, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt out of a BauerFinancial rating. Consumers may obtain free star-ratings by visiting www.bauerfinancial.com.


Media Contact

Cindi Stewart
Sr. Vice President-Public Relations Director
Woodforest National Bank 832-375-2508
cstewart@woodforest.com

Woodforest Bank Boat House opens in Northshore Park

The Woodlands, TX (May 11, 2017)

The Woodforest Bank Boat House opens today in Northshore Park, located at 2505 Lake Woodlands Drive in The Woodlands, Texas. The brand new 7,000-square-foot boathouse facility on the waterfront of Lake Woodlands provides a home for the Rowing Club of The Woodlands and Parati Competitive Rowing, and includes space open to the public.

Woodforest National Bank®, headquartered in The Woodlands, was the main contributor, funding more than 75 percent of the cost to build the boathouse facility. This public/private partnership is the first of its kind in The Woodlands, with the Woodlands Township providing the land and the clubs raising money privately to build the boathouse.

“This is an exciting time to be in The Woodlands,” said Cathy Nash, CEO of Woodforest National Bank. “Rowing embodies the values of hard work, discipline and teamwork. By partnering with The Woodlands Township, Woodforest National Bank is honored to ensure this important and growing sport has the opportunity to thrive within our community with this new, permanent facility.”

For more information about The Woodforest Bank Boat House and Northshore Park renovations, please contact The Woodlands Township Parks and Recreation Department at 281-210-3800, or follow The Woodlands Township Parks and Recreation Facebook Page at www.facebook.com/townshipparksandrec.

Fast facts about the Woodforest Bank Boat House

Owner: The Woodlands Township

Users: The Woodlands Township, Rowing Club of The Woodlands and Parati Competitive Rowing

Purpose: Provision of a public boat storage facility for residents of The Woodlands and the development of a permanent facility for rowing in The Woodlands

Partners: Woodforest National Bank, The Woodlands Township, Rowing Club of The Woodlands and Parati Competitive Rowing

Builders, Architects: Frost Construction; Burditt Land | Place

Costs: $650,000

Location, address: Northshore Park, 2505 Lake Woodlands Drive, The Woodlands TX 77380


For media inquiries contact:

Nick Wolda
nwolds@thewoodlandstownship-tx.gov

Source: The Woodlands Township

March 2017

Woodforest National Bank®Announced the Creation of CDFI Community Investment Fund, LLC.

The Woodlands, TX (March 28, 2017) – Woodforest National Bank (Woodforest) in partnership with Opportunity Finance Network (OFN) recently announced the creation of the CDFI Community Investment Fund, LLC. The fund will provide cost effective, flexible, subordinate long term investment capital for Community Development Financial Institutions (CDFIs). The fund is an equity equivalent (EQ2) investment with an initial funding commitment of $5 million, with an option to increase the commitment up to $20 million over the next four years. The fund will provide patient capital to CDFIs financing small businesses and other community development projects in affordable housing, economic development, and neighborhood revitalization and stabilization throughout Woodforest’s footprint.


Woodforest understands the tremendous impact of small businesses and the growth opportunities it can provide for a community, particularly in low-wealth neighborhoods. These small businesses are social economic drivers providing local jobs, filling the gap in goods and services, and have become effective community reinvestment drivers. Woodforest’s small business growth initiative is a multifaceted approach aimed at building America’s small businesses and enhancing access to capital, particularly women, minority, veteran, and rural small businesses. Small businesses among people of color, particularly Latino and African American women continue to grow exponentially. An integral component to ensuring small businesses have access to alternative and responsible capital is by increasing investment to CDFI’s who provide critical lending and technical expertise to aspiring and existing entrepreneurs.


“Woodforest is proud to partner with the OFN to facilitate and manage equity investments to CDFIs who play an integral role in developing small businesses, particularly in low-wealth communities,” said Doug Schaeffer, Executive Vice President-CRA Director for Woodforest National Bank. “Woodforest is deeply committed and proud to be a catalyst for change in the communities we live.”


According to Robin Odland, Executive Vice President-Financial Services for Opportunity Finance Network, “OFN is very excited to partner with Woodforest National Bank to create the CDFI Community Investment Fund, LLC—an innovative funding vehicle for CDFIs. The fund will provide much needed, flexible capital, which can be leveraged with conventional senior debt capital.”


The fund will make 10 year investments to CDFIs working within Woodforest’s 17 state market. Interested CDFIs may seek additional information by visiting ofn.org/cdfi-community-investment-fund.


Media Contact

Cindi Stewart
Sr. Vice President-Public Relations Director
Woodforest National Bank 832-375-2508
cstewart@woodforest.com

January 2017

Woodforest National Bank®Donates $30,000 to the Hurricane Matthew Carolinas Relief Fund

Charlotte, NC – January 2017 – Woodforest National Bank employees throughout the state of North Carolina recently organized fundraising efforts to help stock the shelves of Second Harvest Food Bank of Southeast NC. Donations collected at every Woodforest branch across the state of North Carolina during the months of October, November, and December have been allocated to Second Harvest of Southeast NC in support of their long-term relief efforts for Hurricane Matthew victims.


So many families continue to deal with the aftermath of Hurricane Matthew’s severe flooding and Woodforest is proud to partner with Second Harvest Food Bank of Southeast NC to support their commitment to provide much needed essentials to feed these families”, stated Matthew Clatworthy, Senior Vice President and North Carolina Divisional Manager of Woodforest National Bank.


"We are grateful for the support of Woodforest National Bank, and delighted for their continued partnership in our efforts to solve hunger. This donation is a great start to the new year as we continue to provide critical relief to the many families still displaced by Hurricane Matthew”, said Ron Pringle, Director of Second Harvest Food Bank.

Hurricane Matthew Relief Fund


For information regarding Second Harvest Food Bank of Southeast NC and how you can help with donations, visit www.foodbankcenc.org.

Media Contact

Cindi Stewart
Sr. Vice President-Public Relations Director
Woodforest National Bank 832-375-2508
cstewart@woodforest.com

Willy Gomez Joins Woodforest National Bank® As Florida Regional President Of Commercial Banking

Woodforest National Bank recently announced the addition of Willy Gomez as Regional President-Commercial Banking for their Florida market. Gomez brings 35 years of Florida banking experience to Woodforest with 30 years in management and extensive experience in Middle Market. Previously with HSBC, Gomez managed their Middle Market in the South including Texas, New Mexico, Oklahoma, Louisiana, Mississippi, Arkansas, and Florida.


Gomez will spearhead the opening of Woodforest's new Commercial Banking offices in Miami and Tampa with plans to hire approximately 25 bankers for full time positions as Relationship Managers, Portfolio Managers, Treasury Managers and an Assistant. The economic impact to the state of Florida from this employment should exceed $4MM annually.


Derrick Ragland, President-Commercial Banking of Woodforest National Bank, stated, "We are pleased to have Willy on board as a key addition to the Woodforest team. With his many years of commercial banking experience Willy will play an integral part in the bank's growth throughout the state of Florida."


A graduate of the University of Miami, Gomez currently serves as Chairman of the Board for Hispanic Unity of Florida. He previously served 9 years on the board of the Make a Wish Foundation of Southern Florida with 1 year as Chairman of the Board and served on the board of the Miami Science Museum for 12 years. Gomez and his wife reside in Davie, FL. and have three daughters and one son.

Willy Gomez

Willy Gomez

Woodforest National Bank® donates $500,000 to Neuroscience Center at Memorial Hermann The Woodlands Hospital

Woodforest National Bank has donated $500,000 to support a new Neuroscience Center that is currently under construction at Memorial Hermann The Woodlands Hospital.


“We are extremely grateful to our neighbors at Woodforest National Bank,” said Josh Urban, Senior Vice President and CEO of Memorial Hermann The Woodlands Hospital. “Philanthropic gifts directly improve the health of our community. As a non-profit hospital, they are invaluable in helping us to further elevate the level of care we can provide to patients close to home.”


Upon completion, the 25,000-square-foot Neuroscience Center will be located in Medical Plaza 4 off Pinecroft Drive. It will house the expertise and capabilities of Mischer Neuroscience Associates, an extension of Mischer Neuroscience Institute, Texas’ largest and most comprehensive neuroscience program. The facility, with physician offices, diagnostic and treatment space, a spine center and spine rehabilitation clinic, is scheduled to open summer 2017.


“Woodforest’s generous donation will enable us to take an already well-regarded program to a new level,” added Urban. “Not only will we now have a single physical location for all of the providers in our comprehensive program, we’ll also have the capability to recruit new specialists and purchase new technologies, underscoring our steadfast commitment to providing safe and high-quality specialty care for patients right here in Montgomery County.”


Led by medical director Geoffrey P. Zubay, M.D., the team at Mischer Neuroscience Associates-The Woodlands treats the full spectrum of neurological disorders, from complex spine and cranial surgery and interventional pain management services, to advanced treatment methodologies for sleep disorders, movement disorders like Parkinson’s Disease, and brain tumors. The clinic provides residents of North Houston with comprehensive, high-quality care and service.


"Woodforest is proud to partner with Memorial Hermann The Woodlands in support of this project. The addition of the Neuroscience Center will provide a unique level of medical care while helping drive continued economic growth to help strengthen and improve this community," stated Cathy Nash, President and Chief Executive Officer of Woodforest National Bank.


To learn more about how you can support Memorial Hermann The Woodlands, visit http://www.memorialhermann.org/foundation/ways-to-give/.


For more information about neurosciences at Memorial Hermann The Woodlands, visit http://www.memorialhermann.org/locations/the-woodlands/neuroscience-services/ or call 713-897-2300.

Woodforest National Bank® helps build fourth home for Habitat for Humanity in northwest Harris County

Woodforest National Bank® and Woodforest Charitable Foundation® employees, families, and friends recently held a dedication ceremony for their fourth Habitat for Humanity home built in Northwest Harris County. The new three bedroom, 1358 square feet home located in Spring, TX was proudly built for Charles and his family who moved in to their new home just in time to enjoy the holidays.


Brian Kolenda, Vice President of Woodforest National Bank said “At Woodforest National Bank, giving back to our community, promoting financial literacy, and playing an active role in the community is an essential part of the Woodforest culture. Our dedicated employees had an unwavering commitment to Charles and his family. It was rewarding to witness the pride our employees and Charles took in building Charles’ family home from the ground up. This donation to Habitat aligns perfectly with our fundamental value of community partnership – to help ensure that everyone has a safe, decent, and affordable home.”


As part of the qualification of homeownership at Habitat for Humanity Northwest Harris County, Charles and his family were required to complete 200 hours of “sweat equity” by working to build his home alongside the Woodforest team and other community volunteers before receiving the keys to their home.


“Our main focus it to assist future homeowners achieve the strength, stability, and independence they need to build a better life for themselves and their families. We are grateful for our ongoing relationship with Woodforest National Bank and their continued support” said Soleil Watt, Executive Director for Habitat for Humanity Northwest Harris County.


For information about Woodforest National Bank®, please visit www.woodforest.com. For information regarding Habitat for Humanity NWHC and how you can volunteer or assist with a home build, visit www.habitatnwhc.org.

Julie Dargani Joins Woodforest National Bank® As Senior Vice President and Middle Market Relationship Manager

CHARLOTTE, N.C.  -- Woodforest National Bank recently named Julie Dargani as Senior Vice President and Middle Market Relationship Manager based in Charlotte. Dargani is a middle market banking and leveraged finance banking executive with a diverse background in corporate and equity sponsored transactions, capital markets strategies, and bank issued credits to domestic and international middle market companies. Dargani has been in finance for 17 years, including 11 years serving the Carolinas market. Julie Dargani


Although based in Charlotte, her responsibilities will include the growth and development of the North Carolina and South Carolina markets with a specific focus on growing Woodforest's corporate and middle market banking presence through the acquisition of new clients.


Dargani earned her B.A. in Marketing Communications from the University of Houston in Houston, Texas and her International Business Law degree from King's College in London, England. She most recently worked for Fifth Third Bank as a Senior Middle Market Relationship Manager in Charlotte.


William (Bill) Peele, Regional President of Woodforest National Bank, stated, "We are pleased to welcome Julie to our Commercial Banking team in Charlotte. Her many years of experience and commitment will be instrumental in helping expand our commercial banking operations in Charlotte."


Dargani is committed to the local community and serves on several non-profit boards and committees including Girls Scouts Hornets' Nest Council's Advancement Committee, Young Athletes Special Olympics of North Carolina volunteer, LIFESPAN board member (an organization that serves the special needs community), and she was recently named to the British American Business Council as a board member. She is also an active member of the Association of Corporate Growth – Charlotte Chapter and the Charlotte Economics Club.


Personally, she is a native Houstonian and resides in Concord with her husband, Johnny. Together they have 2 elementary aged children and 2 spoiled rotten dachshunds.


About Woodforest

Celebrating over 35 years of community banking service, Woodforest National Bank has successfully stood among the strongest community banks in the nation, proudly offering unsurpassed quality customer service since 1980. Woodforest currently operates 746 branches in 17 states across the United States.

December 2016

Woodforest National Bank® donates bikes to Family Promise of Lake Houston

Woodforest National Bank® employees recently donated 10 shiny new bicycles to Family Promise of Lake Houston. This donation will allow all ten children currently in the Lake Houston program to wake up with an extra surprise on Christmas morning.


Ben Cline, Branch Manager at Woodforest National Bank® stated, “We are pleased to partner with Family Promise of Lake Houston in providing a little something extra for these children. It is our hope that these gifts will bring a smile to their faces and they will know that we care about each of them, not just at Christmas time but throughout the year, as well.”


Carole Brady, Executive Director of Family Promise Lake Houston remarked, “If a child has to wake up on Christmas morning in a homeless shelter, the gift he or she receives that day needs to be amazing and from the heart. This wonderful donation of bikes from Woodforest is just that, amazing and from the heart! Family Promise of Lake Houston is so grateful that this year the children will be waking up to a gift given by such a wonderful group of people who truly do give from the heart. We are truly blessed to have Woodforest National Bank in our community.”


For information about Woodforest National Bank®, please visit www.woodforest.com. For information regarding Family Promise of Lake Houston and how you can help, visit www.fplh.org.


Woodforest National Bank donates bikes to Family Promise of Lake Houston

(Photo left to right) Bill Chapman, Asst. Branch Manager of Woodforest, Joshua Dandy, Branch Manager of Woodforest, Ben Cline, Branch Manager of Woodforest and Family Promise Board Member, Brooke Farr, Branch Manager of Woodforest and Family Promise Board Member, Cathy Nash, President and CEO of Woodforest, Rebecca McDonald, Regional Manager of Woodforest, Mike White, Retail Divisional Manager of Woodforest, and Hugo Reyna, Branch Manager of Woodforest and Family Promise Board Member.

August 2016

Financial Strength Ratings as of June 2016

7th Annual Woodforest Charity Run®

Montgomery County, TX – Woodforest National Bank® and the City of Conroe announce the 7th Annual Woodforest Charity Run scheduled for Saturday, September 17 at Heritage Place Park in downtown Conroe. The Woodforest Charity Run is made up of two certified runs sanctioned by the USA Track & Field. The Woodforest 10K starts at 7:40 a.m. and the Insperity Invitational 5K starts at 8:00 a.m.

The Rocha Consulting One Mile Family Fun Run will begin at 7:15 a.m. And, returning by popular demand, the Barkley Shoe Dash for children ages 5-7 and 8-12 will begin at 9:00 a.m. This kid-friendly event, will be held on Simonton Street in front of Heritage Place Park. Young runners begin their race with one shoe, dash 50 yards to retrieve and put on their other shoe from a pile of competing runners shoes, then dash 50 yards back across the finish line.

Additionally, all participants, volunteers, and spectators are invited to enjoy food, music and family friendly activities at the Woodforest Post Race Party held in the park.

“We take great pride in organizing this run and are so pleased to see it continue to grow in popularity and participation year over year,” said Patricia Brown, Conroe Regional President of Woodforest National Bank. “We are grateful for the generous support of all of our sponsors and volunteers who have made our run such a great success. Over the past six years, we have grown to 459 runners and have proudly funded over $350,000 to the Woodforest Charitable Foundation to help in the support of many local charities in and around Conroe.”

Paul Virgadamo, Jr., City of Conroe Administrator, added, “The City is pleased to continue our support of The Woodforest Charity Run in downtown Conroe and are encouraged by what it brings to the downtown area. This run offers something for everyone, regardless of their athletic ability. The route through downtown Conroe is beautiful and an enjoyable way to promote health and fitness while raising funds for a great cause.”

Convenient online registration can be completed by going to the Woodforest Charity Run webpage on Woodforest.com.

Sponsors, to date, include: Insperity Invitational™, Rocha Consulting, Smith Hamilton, Chesmar Homes Houston, K&K Construction, South Texas Maintenance Service, CHI Baylor St. Luke’s Emergency Center, Houston Methodist The Woodlands Hospital®, Anglia Homes, CHI St. Luke’s The Woodlands Hospital, T & R Mechanical Inc., Newmark Homes Houston, Triple B Services, Augusta Pines Golf Club, Consolidated Communications®, Rodgers Stein Chiropractic Center, Stelter Mechanical, LLC, Crust Pizza, GN Services Inc., Hughes & Cozad Orthodontics, Jet Set Car Wash, Lowrance Machine, Woodlands Eye Associates, Signs Etc., Luke’s Locker, Spectrum, Derrick Bryant Photography, Trophy House, Coca-Cola®, and Costco Wholesale®.

Net proceeds from the run will benefit The Woodforest Charitable Foundation which supports local charities in the area like the Montgomery County Food Bank, Montgomery County Youth Services, the Friendship Center and the Montgomery County Women’s Center to name just a few.

The Woodforest Charitable Foundation is a 501(c)(3) charitable organization founded in 2005 through a generous donation from Woodforest National Bank. The Foundation is committed to making a positive impact on communities that are served by the bank and the lives of their citizens by contributing time, resources, and money to many worthy charitable organizations.

For more information about the Woodforest Charitable Foundation, please visit www.woodforestcharitablefoundation.org.

WNB Specialty Finance® is pleased to announce the addition of William (Bill) Bogatay as Southwest Regional Manager

Bill Bogatay will be responsible for all new business in Texas and the contiguous states. Bill will assist in expanding WNB’s North American presence by originating senior secured debt facilities for companies in the Southwest. Bill will be based in Dallas, Texas.

Bill comes to WNB with significant lending experience in both cash flow and asset based lending. He has worked for Bank of America, PNC Business Credit and GMAC, all in a senior capacity to generate deal flow where he has seen tremendous success.

“We are happy to have Bill join our growing team and expand our product offerings to the Southwest,” said Tim Hanchett, Managing Director of Business Development for WNB. “We welcome Bill and look forward to sharing his high energy and expertise in devising creative leveraged finance solutions to deploy capital to middle market borrowers in the Southwest.”

WNB Specialty Finance, headquartered in Southeast Michigan with a national platform, is the Asset-Based Lending and Equipment Finance division of Texas-based Woodforest National Bank®, based in The Woodlands, Texas. WNB Specialty Finance is focused on direct ABL solutions to middle market companies and strategic partnerships with other financial institutions on larger ABL and leveraged cash flow deals. The firm provides flexible financing solutions to sponsor-owned and corporate borrowers at competitive rates and terms across a wide range of industries, including automotive, consumer products, retail, distribution, manufacturing, energy, and business services. Use of proceeds can be used to fund leveraged buyouts, recapitalizations, refinances, restructurings, growth, and support working capital.

Personal Banking

About Woodforest

Celebrating 36 years of community banking service, Woodforest National Bank has successfully stood among the strongest community banks in the nation, proudly offering unsurpassed quality customer service since 1980. Woodforest currently has 743 branches in 17 states across the United States with 16 conveniently located throughout greater Charlotte. For more information about Woodforest National Bank, please visit www.woodforest.com.

Media Contact

Cindi Stewart
Sr. Vice President-Public Relations Director
Woodforest National Bank 832-375-2508
cstewart@woodforest.com

Brenda Wendt Promoted to Gulf Coast Divisional Manager of Woodforest National Bank®

The Woodlands, TX - Woodforest National Bank recently announced that Brenda Wendt, Senior Vice President, was promoted to Divisional Manager for the bank’s gulf coast region. Wendt’s responsibilities will encompass the sales, service quality, community impact, and financial performance for 152 Woodforest branches across a multi-state area including North Texas, Louisiana, Mississippi, Alabama, Georgia, and Florida.

Wendt joined Woodforest National Bank in 1997 as a Retail Banker at the bank’s first in-store branch located in Conroe, TX, and developed her banking career over the years through various positions held at the bank. She was promoted to Branch Manager of the Conroe in-store location and was instrumental in converting it to a full-service 24-hour branch providing customers the ability to conduct business around the clock, seven days a week. Wendt furthered her career by accepting the position of Regional Manager for 17 Houston-area branches and then directed the New Branch Opening Teams as Woodforest National Bank expanded into 14 states throughout the U.S. Additionally, she provided leadership as the Director of Learning Services, Retail Quality Assurance, and Customer Advocacy and Outreach from 2009 to 2016, focusing on training and support for Woodforest National Bank employees and customers.

Julie V. Mayrant, President-Retail Division for Woodforest National Bank stated, “Brenda is a valuable member and contributor to our management team. She continues to demonstrate the leadership and character necessary to support the retail division of Woodforest and is a true benefit to the bank.”

Wendt is a Montgomery County, TX, native where she resides with her husband and two children. She is an active member of the West Conroe Baptist Church and an avid volunteer for non-profit organizations in the community including Montgomery County Youth Services and the Woodforest Charitable Foundation. Brenda incorporates her passion for running and cycling with charitable fundraising events benefiting multiple sclerosis and area breast cancer charities.

Personal Banking

About Woodforest

Celebrating 36 years of community banking service, Woodforest National Bank has successfully stood among the strongest community banks in the nation, proudly offering unsurpassed quality customer service since 1980. Woodforest currently has 743 branches in 17 states across the United States with 16 conveniently located throughout greater Charlotte. For more information about Woodforest National Bank, please visit www.woodforest.com.

Media Contact

Cindi Stewart
Sr. Vice President-Public Relations Director
Woodforest National Bank 832-375-2508
cstewart@woodforest.com

July 2016

Woodforest National Bank® recently announced that Bill Peele has joined the Bank as Regional President – Commercial Banking for the Charlotte market.

The Woodlands, TX - Bill brings an extensive history and professional commitment to Woodforest with over 26 years in the banking industry and former Regional President for SunTrust in Charlotte. In his role at Woodforest Bill will be building and leading a full Commercial Banking team to serve middle market and business banking clients.

Derrick Ragland, President of Commercial Banking for Woodforest commented, “We are pleased to have Bill on board as a key addition to the Woodforest team. With his many years of commercial banking experience Bill will play an integral part in the bank’s growth strategy for Charlotte and the surrounding area.”

Julie V. Mayrant, President of Retail Banking for Woodforest added, “Bill’s commitment to the Charlotte community is aligned with Woodforest’s passion for serving and giving back in our local communities. We are excited to have Bill join our team of bankers in North Carolina and look forward to the partnership.”

Bill is a North Carolina native and graduate of the University of Alabama. As a community leader he has formally served as a board member for the Charlotte Chamber of Commerce, March of Dimes, Charlotte Regional Partnership and Central Piedmont Community College Foundation.

Personal Banking

About Woodforest

Celebrating 36 years of community banking service, Woodforest National Bank has successfully stood among the strongest community banks in the nation, proudly offering unsurpassed quality customer service since 1980. Woodforest currently has 743 branches in 17 states across the United States with 16 conveniently located throughout greater Charlotte. For more information about Woodforest National Bank, please visit www.woodforest.com.

Media Contact

Cindi Stewart

Sr. Vice President-Public Relations Director

Woodforest National Bank 832-375-2508

cstewart@woodforest.com

November 2015

Habitat for Humanity Builds New and Expanded Restore Home Improvements Resale Shop

Thanks to $1 Million in Donations From Woodforest National Bank and Anadarko Petroleum

Montgomery County, Texas

Habitat for Humanity of Montgomery County announces the construction of its new ReStore building, thanks to $1 million in donations from Woodforest National Bank and Anadarko Petroleum Corporation.

ReStore is a non-profit home improvement donation center and resale store that sells new and gently-used furniture, home accessories, building materials, appliances and more to the public at a fraction of the retail price. The ReStore concept reduces sub-standard housing, helps improve living conditions, and is environmentally friendly by re-purposing items for reuse and recycling. Proceeds from the sale of donated items are used by Habitat for Humanity of Montgomery County towards its mission of building homes, community, and hope.

Previously located in Conroe at 1501 S. 7th Street, adjacent to the Habitat for Humanity of Montgomery County administrative offices and near the Habitat Cedar Creek neighborhood, the new ReStore is located on four acres at 9407 S.H. 242 in Conroe, approximately one and a half miles east from I-45 near The Woodlands. Built by SLI Architects Group, Inc., the newly-constructed resale shop features 20,000 square feet of air-conditioned and heated space, which is a significant expansion from the original 5,000 square-foot building. The new site has expanded outdoor and indoor storage and retail floor space, as well as 81 paved parking spaces and two covered dedicated drop off spots for donations. A community-wide grand opening is planned for early 2016.

“This is such an exciting time for us especially as we mark the tenth anniversary of our ReStore with the construction of this new building,” said Barbara Smith, Executive Director of Habitat for Humanity of Montgomery County. “Most other ReStores across the country have relocated to a previous retail or grocery store space, so we are fortunate to have the opportunity to build and own a brand new facility in a prime location. We are extremely thankful for Anadarko Petroleum Corporation and Woodforest National Bank, which each donated $500,000 to help make this project a reality. The expanded ReStore will provide even greater sustainable funding to support the important work that Habitat volunteers do in this community. We are privileged and honored to have received large lead donations from these two philanthropic-minded organizations.”

Within Montgomery County, many families are living in dangerous, unhealthy housing, and are struggling every day just to get by. People are often surprised to learn that many of these individuals and families work full time, but still cannot afford minimally decent housing because their income is too low for them to qualify for government assistance in housing loans.

Through Habitat for Humanity of Montgomery County, which is a faith-based nonprofit ministry, they are offered hope for a better future through a self-help solution. In an effort to facilitate decent, affordable homes in partnership with those in need, Habitat for Humanity provides permanent housing solutions to very low-income working families, helping them to become homeowners and break the cycle of poverty.

Larry Abston, Vice President of Corporate Audit for Anadarko Petroleum Company and Board President of Habitat for Humanity of Montgomery County, said, “We are proud to support the important work that Habitat for Humanity does right here in Montgomery County for so many hard-working, deserving families. We believe the new ReStore will be a tremendous benefit to our community and the advancement of Habitat’s mission.”

Cathy Nash, President and CEO of Woodforest National Bank, said, “We are delighted to have the opportunity to continue our support of Habitat for Humanity to help fund their dedication to providing decent, affordable homes for those in need. ReStore is a major income source for Habitat, and this new building upgrade will certainly help fuel its future success.”

Jay Dreibelbis, President and COO of Woodforest National Bank added, “Habitat for Humanity provides a plan and the means for those families who possess the values, desire and motivation necessary for success but lack the financial means required to obtain a loan or mortgage. This organization is truly making a difference in the lives of others.”

The new and improved ReStore location will be ready to begin serving our community in early January. Please continue to contact the ReStore at 936-441-5888 to schedule a pick-up of large items such as furniture or appliances. The following are examples of items accepted for donation and featured for sale. For a more comprehensive list, please visit www.HabitatMCTX.org.

  • Reusable Building Materials
  • Furniture
  • Appliances
  • Flooring
  • Electrical
  • Cabinets/Countertops
  • Tools
  • Lumber
  • Plumbing
  • Doors
  • Lawn Equipment
  • Home Décor
  • Collectible Antique Items

For more information about Habitat for Humanity of Montgomery County or the ReStore Capital Campaign call 936-441-4663. To schedule a pick-up for your ReStore donation call 936-441-5888. Please visit the website at www.HabitatMCTX.org and also click “Like” on Facebook at www.facebook.com/HabitatMCTX.

Reviewing renderings

Reviewing the renderings of Habitat for Humanity of Montgomery County’s new ReStore building are (from left) Jay Dreibelbis, President and COO of Woodforest National Bank; Cathy Nash, President and CEO of Woodforest National Bank; Larry Abston, Vice President of Corporate Audit for Anadarko Petroleum Company and Habitat Board President; Patricia Brown, Sr. Vice President of Woodforest National Bank and Habitat Board Vice-President.

   

Reviewing renderings

Reviewing the construction blueprints of Habitat for Humanity of Montgomery County’s new ReStore building are (from left) Jay Dreibelbis, President and COO of Woodforest National Bank; Cathy Nash, President and CEO of Woodforest National Bank; Patricia Brown, Sr. Vice President of Woodforest National Bank and Habitat Board Vice-President; Larry Abston, Vice President of Corporate Audit for Anadarko Petroleum Company and Habitat Board President.

Habitat for Humanity Resale Shop

Habitat for Humanity of Montgomery County’s architectural ReStore rendering.

September 2015

Woodforest National Bank® Gives Back to its Communities

Just imagine you are standing in front of Mark Cuban, Barbara Corcoran, Robert Harjavec and Lori Griener on the set of the TV hit series “Shark Tank” pitching your business in 30 seconds or less and maintaining your cool. Now imagine you are one of eight non-profits pitching your business in front of a group of engaged bankers, community leaders and informed citizens. Hopefully the latter is a little less stressful. This spring, Woodforest National Bank presented two nonprofit organizations with grants of $10,000 each to aid with specific Woodforest Newsgoals and organizational needs following a “Shark Tank”-style competition. I was fortunate enough to attend one of the grant competitions in Raleigh and spoke with Matthew Clatworthy, vice president of Woodforest National Bank. Just imagine you are standing in front of Mark Cuban, Barbara Corcoran, Robert Harjavec and Lori Griener on the set of the TV hit series “Shark Tank” pitching your business in 30 seconds or less and maintaining your cool. Now imagine you are one of eight non-profits pitching your business in front of a group of engaged bankers, community leaders and informed citizens. Hopefully the latter is a little less stressful. This spring, Woodforest National Bank presented two nonprofit organizations with grants of $10,000 each to aid with specific goals and organizational needs following a “Shark Tank”-style competition. I was fortunate enough to attend one of the grant competitions in Raleigh and spoke with Matthew Clatworthy, vice president of Woodforest National Bank.

Read full article >>

Source: Kathleen Donnelly, Carolina Banker

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

Banking your way... EVERY DAY AND NIGHT!®

FDIC NEWS: Learn More
Woodforest National Bank

Messages go here

Close This Window

Customize Your Information

Please enter your zip code below so we can give you product information for your location.

Go

Please enter a valid zip code