September 04, 2007

Woodforest National Bank Extends Participation In PULSE(R) Network

Renewed ATM/Debit Agreement Supports Bank's Growth, Customer Service

THE WOODLANDS, Texas & HOUSTON--(BUSINESS WIRE)--Sept. 4, 2007--Woodforest National Bank and PULSE EFT Association have signed an agreement extending the bank's participation in the PULSE ATM/debit network. The agreement ensures that the bank's growing number of debit cardholders will continue to have access to PULSE's nearly 260,000 ATMs, as well as point-of-sale (POS) terminals across the U.S. PULSE will also continue to provide Woodforest with signature debit processing and gateway connections to other networks.

Woodforest National Bank is a $2.4 billion bank headquartered in The Woodlands, Texas. Woodforest National Bank currently has more than 350 branches located in Texas, Illinois, Indiana, Maryland, North Carolina, Ohio, Pennsylvania, Virginia and West Virginia. The bank's total assets grew by 23 percent during 2006, exceeding $2.2 billion by year-end.

In June, Woodforest National Bank was ranked No. 1 in customer satisfaction in the Southwest Region by the J.D. Power and Associates 2007 Retail Banking Satisfaction Study, and second in the nation. The bank also ranked third among U.S. bank holding companies in return on equity in 2006, achieving a 42 percent 5-year ROE, according to the American Banker newspaper.

"Customer service has been the key to Woodforest's tremendous success and growth in recent years, and the debit card is now one of our critical points of contact with our customers," said Robert E. Marling, Jr., chief executive officer of Woodforest National Bank. "Our relationship with PULSE, which dates back to 1982, is central to our ability to serve debit cardholders by providing them with reliable access to their deposits at ATMs and POS terminals."

"PULSE is pleased to extend its long-term relationship with Woodforest National Bank, one of the fastest growing financial institutions in the country," said Dave Schneider, PULSE president. "Our debit network services have supported the bank's impressive growth and award-winning customer service for 25 years, and we look forward to serving Woodforest's cardholders in the future."

About Woodforest National Bank

Woodforest National Bank is one of the largest employee-owned community banks and currently services more than 400,000 customers at more than 350 branches located throughout nine states. Woodforest National Bank is a subsidiary of Woodforest Financial Group, Inc. For more information, visit

About PULSE EFT Association LP

PULSE is one of the nation's leading ATM/debit networks, currently serving more than 4,400 banks, credit unions and savings institutions across the country. PULSE is owned by Discover Financial Services (NYSE:DFS). The network links cardholders with nearly 260,000 ATMs, as well as POS terminals at retail locations nationwide. The company is also a valued resource for consumer research related to electronic payments and is committed to providing its participants with education on evolving products, services and trends in the payments industry. For more information, visit

Anne Rhodes, 832-214-0234
Woodforest National Bank
Cindi Stewart, 832-375-2508