Are you looking for a new checking (business) account that offers great interest rates? If so, you may want to consider opening a Woodforest business account.
In this article, we will discuss the features of the Woodforest business account and how to open one. We will also compare the Woodforest business account with other popular savings accounts.
So, if you are interested in learning more about the Woodforest business (checking) account, keep reading!
What is Woodforest Checking Account?
A Woodforest checking account is a type of bank account that allows you to access your money easily and manage your finances with ease.
With a Woodforest checking account, you can enjoy a number of features and benefits, including no monthly maintenance fees, online banking and bill pay, mobile banking, and more.
To open a Woodforest checking account, all you need is an initial deposit of $50 and a valid ID. Visit the Woodforest website today to learn more about this convenient and affordable banking option.
Woodforest checking account fees
Woodforest National Bank charges different fees for checking accounts depending on their type as indicated below.
Business Simple Checking Account
There is no fee charged on business accounts that maintain a minimum daily balance of at least $5000.
The bank charges a $12 fee for business checking accounts that maintain a minimum daily balance of less than $5000.
Second Chance Business Checking Account
The bank charges a $15 fee for second-chance business checking accounts.
Advantage Business Checking Account
There is no fee charged on business accounts that maintain a minimum daily balance of at least $10,000.
The bank charges a $20 fee for business checking accounts that maintain a minimum daily balance of less than $10,000.
What is Woodforest Business Account?
A Woodforest Business Account is a type of business account that offers certain features and benefits not available with a personal checking account.
A Woodforest Business Account can help businesses manage their finances more effectively and efficiently. Some of the features and benefits of a Woodforest Business Account include the following:
- Access to over 16,000 ATMs nationwide
- No monthly service fees or minimum balance requirements
- Free online banking and bill pay
- Free eStatements
- Business Visa Debit Card with chip technology for added security.
Woodforest business account requirements
To open a business account with Woodforest National Bank, you’ll need to provide some documentation, including your business tax ID number, articles of incorporation or organization, and your driver’s license or state ID.
Once you have all the required documents, you can visit any Woodforest branch or call 1-800-966-3562 to speak with a representative about opening an account.
Woodforest Take Charge Checking Account
The Woodforest Take Charge Checking Account is a great way to manage your finances. With this account, you can enjoy several perks, including:
- No monthly maintenance fees
- Free online and mobile banking
- Unlimited check-writing privileges
- 1% cash back on all debit card purchases* (up to $20 per statement cycle)
Knowing these facts about the account, along with how it can benefit you, will help you determine if the Woodforest Take Charge Checking Account is right for you.
Monthly maintenance fees can add up, so it’s great that this account doesn’t have any. Being able to bank online or through a mobile app is also very convenient.
How to Check Checking Account Balance at Woodforest
To check your Checking Account Balance at Woodforest, you will need to log in to your account on their website. Once you are logged in, you will be able to view your account history and balance.
If you have any questions or concerns, you can contact Woodforest Customer Support at 1-800-925-6278.
READ MORE: What is a Woodforest bank savings account?
