Woodforest National Bank, 0870 SANFORD WALMART BRANCH

Name:Woodforest National Bank, 0870 SANFORD WALMART BRANCH
Full Service Retail Office
Review: 3.5star114 client reviews
Location:3310 Nc 87 S
Sanford, NC 27332

Lee County
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Phone:919-708-7078
Branch Deposit:$4,477,000
FDIC Cert:#23220
Established:08/13/2007


The Bank

Name:Woodforest National Bank
Concentration:Commercial Lending Specialization
Established:09/05/1980
FDIC Insurance:09/05/1980
Holden By:WOODFOREST FINL GROUP EMPLOYEE STK OWNERSHIP PLAN WITH 401 K PROVISIONS AMENDED&RESTATED EFF 01 01 16
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
# of Branches:770, view all, view on map
Website:www.woodforest.com
Total Assets:$9,081,050,000
Total Deposits:$8,088,098,000
Total Equity Capital:$814,483,000
Total Domestic Office Deposits:$8,088,098,000
Net Income:$147,808,000
Quarterly Net Income:$11,127,000
Return on Assets:2%
Return on Equity:19%
Quarterly Return on Equity:6%
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Client Review

114 client reviews of Woodforest National Bank scored 3.5 out of 5.

Horrible experience
 1star Overall Rating
 1star Other Services
by Koza, Jan. 27, 2015

I live in Sanford NC and recently I asked  my parents to transfer my money from Russia. Wood Forest is the only bank in this area that handles large Western Union transactions. The web site said the large transactions can be up to $5,000,  but in reality you cannot cash over $2,500. I had no idea, otherwise I would not tell my parents to use Western Union to make it easier for them. There was no note or any sign in the bank about their limits on transactions. The bank changed their limit without informing Western Union so they could update theit site. They offered to senders(my parents) to split one transaction, but  it didn't work and my parents got the money back. But they lost $161 for transferring money back and forth.

* this review was made on Woodforest National Bank, 0870 Sanford Walmart Branch at Sanford, NC
6 of 11 people found this review helpful. Was this review helpful to you? Yes, No   Report Abuse

1 comment. Add a comment

by Lily710 2015-09-26 23:38:22
You do know that Woodforest has no control over Western Union right? Woodforest only offers their services. If Western Union changes something, Woodforest has to abide by their rules just like Food Lion, Piggly Wiggly or any other business that offers the Western Union service. That would be like blaming a Pawn Shop for not giving you info on your power bill.

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