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News and Press Releases

August 28, 2016

Financial Strength Ratings as of June 2016

August 8, 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.

August 2016

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

August 5, 2016

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

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