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News and Press Releases

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

July 2015

6th Annual Woodforest Charity Run®

The 6th annual Woodforest Charity Run was held on Saturday, September 12, 2015 at Heritage Place Park in downtown Conroe, Texas. This year's event consisted of; 1 mile fun run, certified 5k, certified 10k and the Barkley Shoe Dash.

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

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