Woodforest promotes Julie Mayrant to lead huge retail branch division

Woodforest National Bank said Monday Julie Mayrant has been promoted to president of the retail division at the bank.

Collin Eaton^[1]

Reporter- Houston Business Journal

This email address is being protected from spambots. You need JavaScript enabled to view it.^[2]  | Twitter^[3]

Woodforest National Bank^[4], a $3.7 billion-asset financial institution based in The Woodlands, said Monday Julie Mayrant^[5] has been promoted to president of the retail division at the bank.

While banks are shutting down branches across the country, Woodforest has expanded its footprint and had the 17th-largest collection of retail branches among U.S. banks last year, with 757 offices in 17 states, according to Charlottesville, Va.-based SNL Financial LC^[6].

Woodforest’s branches usually populate large grocery stores, primarily Wal-Mart, and about 93 percent of Woodforest’s branches had below $10 million in assets in 2012, according to SNL.

Prior to her new role, Mayrant served as executive vice president of retail at Woodforest, and she has 19 years of experience in the banking industry, Woodforest said in a statement.

Woodforest was the 25th-largest bank in Houston in 2012 with 26 offices and $387 million in deposits, up 2 percent from the previous year, according to SNL.

Collin Eaton covers banking, finance and securities.

References

1. ^{^} Collin Eaton (feeds.bizjournals.com)
2. ^{^} This email address is being protected from spambots. You need JavaScript enabled to view it. (feeds.bizjournals.com)
3. ^{^} Twitter (twitter.com)
4. ^{^} Woodforest National Bank (www.bizjournals.com)
5. ^{^} Julie Mayrant (feeds.bizjournals.com)
6. ^{^} SNL Financial LC (www.bizjournals.com)