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Woodforest Bank is a dedicated community institution offering personal, business, and wealth management services across several states including Alabama, Florida, Georgia, and more. With enticing Woodforest Bank promotions and offers, they aim to attract new clients while enhancing banking experiences.
Understanding Woodforest Bank’s Promotion Landscape
Currently, Woodforest Bank does not provide cash bonuses for new accounts. However, this can change, and the bank often updates its promotions. Here’s a glimpse at their ongoing offerings.
| Account | Cash Value of Bonus | Expiration Date |
|---|---|---|
| Refer a Friend | $25 | June 30, 2025 |
Explore Current Woodforest Bank Promotions
Woodforest Bank’s promotions span various services like mortgages and savings accounts. Here’s a deep dive into their Refer a Friend program.
Discovering the Woodforest Bank Refer a Friend Program
Inviting friends to join Woodforest National Bank can reward you with up to $100. The process includes:
- Bonus value: Potentially $100
- Minimum deposit: Initiate with a $25 checking account deposit
- Expiration date: Valid until June 30, 2025
- Claim process: Present your completed Refer a Friend form at account opening, allowing both parties to gain $25. Up to $100 is possible with multiple referrals.
- Receive your bonus: Bonus credited within 90 business days post-requirement fulfillment
- Terms: Friend must keep the account open with a positive balance and meet several transaction criteria. Bonuses are staggered with initial and additional rewards.
- Account fees: Maintenance fees range from $6.95 to $25, waivable by meeting specific balance criteria.
Find more details on the Refer a Friend program here.
Considering Woodforest Bank Promotional Certificates of Deposit
Apart from the Refer a Friend initiative, Woodforest offers attractive Certificate of Deposit (CD) promotions. By placing your funds in these CDs, you can enjoy competitive Annual Percentage Yields (APYs). Explore their CD offerings with terms as short as one month or as long as five years, requiring a minimum $500 deposit.
Steps to Open a Woodforest Bank Account
To initiate an account at Woodforest Bank, visit a branch, providing manageable personal details, valid ID, Social Security number, and the opening deposit via debit or bank transfer.
Qualifying for Woodforest’s Latest Promotions
Meeting specific conditions is necessary for availing Woodforest Bank promotions. For instance, certain promotions may demand favorable credit ratings or substantial deposit amounts for high-yield savings. Keep an eye on GOBankingRates for ongoing updates on top bank account deals.
Further Information on Woodforest
This report features contributions by Melanie Grafil and Cynthia Bowman.
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Note: Rates may fluctuate; the information herein is current as of April 23, 2025.
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