Woodforest News

News and Press Releases

March, 2020

A Message from President and CEO James “Jay” Dreibelbis

This is an unprecedented time for our country and around the globe as we work together to combat the spread of the coronavirus (COVID-19). Our team is working diligently to ensure we’re here when you need us to meet your banking needs. Be assured, Woodforest remains financially strong and committed to providing the very best in financial services regardless of the challenges our nation may face.

Our bankers are ready in our branches, by phone and online to help you make the best financial decisions. By continuing to deliver the same great service you’ve come to expect from us over the last 40 years, we want to alleviate any worry about your banking needs. Our branches, Customer Experience Center, drive-thrus, ATMs; and online and mobile banking channels remain available to you. Customers sholid also visit our website at woodforest.com for the latest news. Please check back frequently as things are changing quickly

Woodforest's community service gold winning entry, Woodforest Foundry, is facilitated by entrepreneurs, for entrepreneurs, as mentors to enhance local entrepreneurial ecosystems, which revitalizes underserved communities and helps grow businesses. With the Woodforest Foundry, entrepreneurs find a community of mentors and trusted guidance from peers, Woodforest employees and community partners.

Our employees are the lifeline to our Bank’s success, therefore, we are following the guidance from the Center for Disease Control (CDC) for enhanced cleaning procedures at all of our locations to protect our team and our customers who visit us at one of our 750+ branches. We have also encouraged our employees who can work from home to do so when possible.

We are also monitoring the needs for our community partners and local communities to determine the best way our team can help our neighbors.

Woodforest will continue to closely monitor and follow guidance from the CDC and other state and federal agencies as the situation develops and will be at the ready to respond.

Thank you for your continued confidence in Woodforest and for your business.

Jay Dreibelbis
President and CEO
Woodforest National Bank

Here are a few key facts about Woodforest National Bank’s safety and soundness:

  • Woodforest National Bank has stood among the strongest community banks in the nation, proudly offering outstanding customer service since 1980.
  • Woodforest currently operates over 750 branches in 17 states across the United States and is an Outstanding CRA rated institution. For more information about Woodforest National Bank, please visit www.woodforest.com.
  • Woodforest is well-capitalized with over $6.0 billion in total assets.
  • Woodforest National Bank is an FDIC-insured bank. Your deposits are insured up to at least $250,000. Depositors may qualify for more coverage if they have funds in different ownership categories and all other FDIC requirements are met.
  • Woodforest has strong earnings, capital and liquidity alongside superior bank ratings:
    • 5-Star Superior Rating (BauerFinancial.com, based on December 31, 2019 data)
    • A+ Rating from the Better Business Bureau® Rating System (BBB accredited business since 2016)
    • 5-star Bankrate Safe and Sound® (Bankrate.com, December 2017)
    • A Rating (MyBankTracker.com)

January 20, 2020

Woodforest National Bank To Open New Location in Woodforest

Woodforest National Bank® (“Woodforest”) announces its newest location coming to Montgomery County in The Woodforest Development Community.

Anticipated to open this year at 895 Fish Creek Thoroughfare, the bank will offer a range of banking services for consumer and commercial customers and will also include Woodforest Wealth Strategies. This new location will be approximately 20,000 square feet of bank and tenant space.

Open New Fishcreek Location

“We are happy to invest in our hometown and appreciate our Montgomery County customers,” said Jay Dreibelbis, Woodforest’s President and CEO. “This new 29th location will allow us to continue to support those who make Woodforest their hometown bank. ”It’s also a very proud moment for us to celebrate 40 years of service in 2020 as one of the area’s largest employers, and our employees as the bank’s largest shareholders.”

Founded in 1980, with an asset size of $6 billion, Woodforest has more than 700 locations across the United States. In 2020, to celebrate its 40th anniversary, Woodforest will host a series of celebration events such as a groundbreaking ceremony and a grand opening to the public. Details on these events will be shared as they become available.

The bank is part of the growing retail and service options in the community of Woodforest, located seven miles west of Interstate 45 between Conroe and The Woodlands. Pricing in the community is from the $190,000s and residents enjoy generous amenities, an on-site school, on-site church and more. Woodforest is once again ranked as one of the nation’s top-selling master-planned communities.

Woodforest National Bank

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