Woodforest National Bank has nearly 800 branches in Alabama, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Mississippi, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia and West Virginia. It offers business checking accounts, loan products, cash management, merchant services and more. It has an A+ rating from the Better Business Bureau and a mix of positive and negative reviews online.
Woodforest National Bank Business Checking Rates & Fees
|Monthly Fee||$12 if balance falls below minimum requirement|
|Minimum Balance Requirement||Minimum daily balance of $5,000|
|Transaction Fee||No charge for 250 items per month; 25 cents per item thereafter|
|Wire Transfer Fee||Incoming (foreign and domestic): $20|
Outgoing (domestic): $35
Outgoing (foreign): $55-$85
|Cash Deposit Fee||Information not available|
|Overdraft Fee||$29 per item|
|ATM Fee||Non-Woodforest ATM transactions:|
$1.50 per balance inquiry
$2.50 per withdrawal
Woodforest National Bank Network
Woodforest National Bank has nearly 800 branches in 17 different states. You can use its branch locator to see which locations are closest to you.
Woodforest National Bank Additional Business Banking Services
Woodforest National Bank also offers the following business services: business money market accounts, credit cards and lines of credit and wealth management as well as business and commercial real estate loans. Although it has personal savings accounts, it currently doesn’t offer business savings accounts and Small Business Administration loans. Find out more about its small business offerings on its website.
|Online & Mobile Banking||✓|
|Money Market Accounts||✓|
|Business Line of Credit||✓|
|Business Credit Cards||✓|
|Commercial Real Estate Loans||✓|
Best Small Business Checking Account
Want to know what bank we named the best business checking account for small businesses? Read our business checking account buyer’s guide comparing the top 10 options.