Woodforest?

Does anyone know anything about this bank?Â* I am in Chexsystems (I still owe balances to two banks but i'm paying them off comfortably).Â* I need a checking account in order to do anything these days and I heard they are a good option...any advice appreciated.

I just called a friend that has an account with them.Â* He says he has had no problems banking with them.Â* He also says that when you go into the bank they have signs everywhere letting you know that they will open an account if your name appears on chexsystems.
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I hope that helps.
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I use to bank with them, they were fair enough, they call them self "second chance banking".

Thanks MCA, it's GREAT to see you again!

I have been to a couple of places saying they would not accept checks from that bank. Why would someone say that? I have not seen very many, but just a few places.

I have no idea, it is just a regular bank..most locations are inside grocery stores.

That is what I thought. I have only seen the sign in maybe 2 places, but it says do not accept checks written off of Woodforest. One day, maybe I will ask. Doubt that they will really tell me, but I may ask anyway.

I've never seen any of those signs so far but I use my debit card more than I do any checks. I have had an account with Woodforest for almost a month now and I have to say I love them. I've not had a bit of problems.

Maybe one reason that some companies don't take checks from woodforest though is because one of the representatives said that the branch can hold a check for a bit if they need to.

She explained to me that if I didn't have funds and made arrangements to make a deposit the day that they received the check, they would hold the check until I made a deposit, and then cash the check.

I don't know how true it is, but that's what I was told.
I was actually in the branch signing up for an account when a lady called and set up an arrangement to make a deposit before her check came out. And they told her to be there by the end of the day and she would be fine.

My account was finally reported to Chexsystems and my second account (which was in good standing) closed because of it. What a headache! I'm going to go to Woodforest because I have to and because it's convenient, but the complaints I've read about them seem no different than any other financial institution.

I use woodforest bank its good bank ive had then for past 2 yes..i got $500.00 od with them. So yes i never had any of store say no to me about checks.. I love this bank its better then most ..

I know this is an old thread but I thought I would add a little insight from a company stand point. As far as checks from Woodforest not being accepted it is probably because of so many rejected checks that occur due to hot checks. Sadly, because we do off second chance checking, many fraudulent check writers do take advantage of that. The dept I work in deals with those type of accounts and we see it way too often.

Quote:

Woodforest National Bank is owned by Woodforest Financial Group, Inc., headquartered in The Woodlands, TX.There are 142 full service branches currently serving a lot of customers across the state of Texas, It illustrates a commitment in delivering premium banking products and services through friendly hometown bankers and is dedicated to each and every community it serves. Woodforest proudly supports many community and charitable organizations, through both financial and employee volunteer contributions. As far as checks from Woodforest not being accepted, it is probably because it is valid only in the state of Texas.

From 'indeed.com/cmp/Woodforest-Bank'

there free checking is really 5.95 a month and they didnt tell anyone.
They signed us up for totally free checking. They do what they want like
other banks and they dont notify their customers. I do like the emails of balances and they forwarning of a check about to clear. Deposits are instant nice also. I just thought their new billing was sneaky!

i agree their new billing was sneaky, and because of that i am closing my accout with them because of that and because of the over draft fee i got charged for. i signed a piece of paper stating that if the money was not in my act my card would be rejected. well being they take days to take debit payments out your acct i over drew and got no help at all and no reply to my emails. personally this bank sucks.

That is why I opt out of banks! I now use a prepaid debit card just to pay bills which they are very few. or when i want buy something online or rent a movie. since I had problems controlling myself from writing checks I couldn't keep up with, I closed the account with Wells Fargo for good. I receive my check in paper, pay bills with cash and the rest I put it in a prepaid debit and my child's credit union saving account. I am on the chexs system but i have no intent of getting an account with another bank and I am curretnly on a payment plan with Wells Fargo. If you think you don't really need a bank for right now, don't get one! you never know what might happen!!!

That happened to me too...I called ChexSystems and they said it was up to the store and if they get enough bad checks from a certain bank they block checks from that bank...Enough said...Woodforest has a bad rep for check writters...