Woodforest?

Yup, the $5.95 a month on their "free" accounts is something new as of June 2010. I called and raised cane with them, took them three days but as a "courtesy" got them to waive the overdraft it ended up charging me. This was not a second chance checking account, the account I signed up for over a year ago was FREE. New rule is in order to qualify for the "free" account you must have direct deposit and a minimum average balance of $100. I don't understand how they can just start charging your account without some sort of authorization.
I have an account with a credit union also and any time they make changes they email me and when I log in to online banking there is a flag letting me know something's changed. Not sure why Woodforest could not do the same or even post signs in their branches to inform customers of this change. They were being sneaky that's for sure!

first of all i am a woodforest employee just to get that out of the way. The bank did fully disclose the new 5.95 on their checking accounts. It was included in your bank statmements for three consecutive months before implementation. That tells me someone doesnt balance their checkbook.... big shock.

Dont believe the hype.... woodforest is great!

Open 7 days a week and every holiday but Christmas and immediate posting of deposits with no 02:30 cutover like most banks!

What some people don't understand when they get stuck on this free checking thing is that at some point free checking is going to be a thing of the past. My guess is that in the next few years you will see most banks charging a monthly fee like it used to be.

I help people that are reported to chexsystems and I hear complaints about so many different banks all the time. WoodForest is generally not one of them other than an issue over some places not wanting to accept checks (still have not figured that one out) but I can tell you that WoodForest has allowed many people that were unbanked be able to open an account when no other bank would