Woodforest National Bank Review: The Services They Offer

Woodforest accountsWoodforest National Bank is based in Houston, Texas and is currently the largest corporate partner of Walmart, with branches located in most Walmart and Sam’s Club stores, as well as many Kroger supermarkets. They offer generous second-chance banking for customers with problematic credit, and online reviews for Woodforest are mixed but generally favorable. The services they offer include online banking, mobile banking, overdraft protection, investment services, retirement plans, personal financial planning and corporate benefits for employees. Their card services include MasterCard debit services, fraud protection, Visa Bonus Rewards cards, Platinum cards and secured credit cards.

Financial, Credit and Debit Services

Like other major banks, Woodforest offers investment services, such as money market accounts, certificates of deposit, savings accounts, rewards checking accounts, retirement plans, 401K savings for employees, payment benefits for business executives and personal financial planning. Since Woodforest is privately held rather than publicly traded, they aren’t as large as banks such as Wells Fargo or Chase, but their financial planning services are available for anyone who walks into a branch. When it comes to card services, Woodforest offers zero-liability protection against unauthorized use of debit and credit cards as well as 24-hour fraud monitoring. These services are also generally offered by larger corporate competitors of Woodforest, but depending on the time of year, the smaller bank may offer better interest rates on credit cards, savings accounts, CDs or money market accounts.

Many Woodforest customers open second-chance checking accounts due to credit problems. There is a monthly fee to have one of these provisional accounts, and they can help reestablish credit after several months of on-time bill payment. Ordering paper checks costs an additional fee, and checking accounts must have at least $100 in them to avoid a service charge. Woodforest’s second-chance banking has higher surcharges and a longer period of probation than competing banks that also offer this service, such as PNC Bank.

Online and Mobile Banking

Online and mobile banking are included with every account, and customers who sign up for new Woodforest accounts receive a link to their online accounts in a welcome email. Registering for an online bank account requires a checking account, credit or debit card number, the customer’s mother’s maiden name and the customer’s birth date. The Woodforest mobile app connects customers to the same secure banking portal as the website and provides 24-hour access to account information as well as transfers between accounts. These services are standard for most banks, and Woodforest customers report that they don’t usually have problems using the online banking services. However, many customers report that deposits sometimes take a long time to go through and that Woodforest employees are not always helpful when resolving problems.

Banking Locations, Hours and Phone Number

Woodforest is headquartered in Houston, Texas, and branches are located throughout 17 states, including Texas, West Virginia, Virginia, Alabama, Florida, Kentucky, Georgia, Indiana, Illinois, Louisiana, Mississippi, Maryland, North Carolina, New York, Pennsylvania, Ohio and South Carolina. There are 788 locations in total, and several branches are open 24 hours a day and only closed on Christmas. Most Walmart stores in the above-mentioned states have Woodforest branches, and Kroger stores in major cities in these states also have them.

Banking hours vary between locations, and aside from the 24-hour branches, most Woodforest locations are open from 9 am to 5 pm, Monday through Friday. Branches that are open on Saturday close at 2 pm. To find out the business hours of the nearest Woodforest branch, use the branch locator on the website. The main phone number of their headquarters is 832-375-2000, and their central toll-free number is 1-877-968-7962. The toll-free number is open 24 hours a day, but most services are only available during banking hours.

The bottom line about using Woodforest is that it’s a convenient bank for Walmart shoppers and a pretty good service for customers with poor credit. Checking account holders should make sure they always have $100 in their accounts, and customers should allow ample time for deposits to become available.

Informative And Enlightening Details About Woodforest Login

Woodforest accountsWoodforest is a community online bank which provides various financial services to the members. This means that instead of having the conventional offices, the customers are able to get the various financial services through the internet. This online bank provides an assortment of services including personal banking, business banking and loans amongst others. The bank is also fully licensed which means that it has the authority to provide the various financial services. It also provides the users with electronic cards which can be used in various ATMs. This allows the users to access their money easily regardless of where they are provided they use an ATM that is supported by the bank. Let me show you how to Woodforest login.

To join Woodfortest login, one just needs to sign up. The enrollment process is simple and can be done from almost anywhere provided one has internet connection. To sign up one needs to start by going to the bank’s official website. On the top left side of the website there is an icon which is written enroll’. Upon clicking on this particular icon one is taken into a page with spaces where one is required to provide various details. Amongst the required details include; names, date of birth, mother’s maiden name and the account number which was issued upon opening an account.

While enrolling one needs to select the primary identification which was presented while opening an account. This identity can be the social security number, state identification card, driver’s license, passport and military identification. After entering all the details one is then required to enter the welcome token which is usually sent via email upon opening an account. This welcome token is means to confirm that the person enrolling is the same person who had opened an account. While enrolling one also gets an opportunity to select whether the bank should be sending eStatements. Upon accepting this option one get PDF documents from the bank containing information about new products and other changes that the bank might be making. But one can choose to decline this option.

After verifying one is required to enter the primary email address which is required to be entered twice to confirm. A verification email is sent to the primary email provided to verify that the person enrolling is genuine. One is then required to enter a unique username which should be more then three character and select a password which should be a minimum of eight characters. The last step is to answer four unique questions which are supposed to have unique answers for security purposes. Within twenty four hours one is able to access the services provided by this bank.

For Woodforest login one just needs to get into the company’s official website and choose the Woodforest login option. One is directed to a page where one is required to enter the chosen username and password. If the username and password are correct one gains access to the bank’s website.

In case one loses or forgets the password the company can help recover or get a new password. One just needs to contact the bank and inform them about the lost password. One is then required to provide various personal details about the account. One also needs to answer the four security questions that one chooses while enrolling. If all the details are correct a new password is sent to the primary email provided while enrolling.