Woodforest National Bank® (Woodforest) recently received a 2019 Community Impact Award for its Woodforest Foundry℠ program from Wolters Kluwer's Compliance Solutions business at its annual CRA & Fair Lending Colloquium. The award honors financial institutions for the breadth and innovative application of community development programs to benefit low- and moderate-income communities in which they do business.
Founded in 2017, The Woodforest Foundry is facilitated by entrepreneurs to support other entrepreneurs, acting as mentors to activate local entrepreneurial ecosystems, which revitalizes underserved communities and helps grow businesses. With the Woodforest Foundry, entrepreneurs find trusted guidance from peers, Woodforest bankers and community partners.
"Thanks again to Wolters Kluwer for recognizing the Woodforest Foundry at this year's CRA & Fair Lending Colloquium," said Doug Schaeffer, EVP, CRA Executive Director at Woodforest National Bank. "The event was a great opportunity for Woodforest to gain additional awareness for our program and educate attendees on how they can join us to support entrepreneurship in our communities."
Read the full press release.