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Wright Reports > Company Profile Report > C > Colonial Bancgroup, Inc (The)

Colonial Bancgroup, Inc (The) - Company Profile Snapshot

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Company Profile: Colonial Bancgroup, Inc (The)
Ticker: CBCGQ
Exchanges: OTC
2008 Sales: 1,589,700,000
Major Industry: Financial
Sub Industry: Commercial Banks
Country: UNITED STATES
Employees: 4808

Business Description
Colonial Bancgroup, Inc (The). The Group's principal activity is to provide general commercial banking services through its wholly owned subsidiary, Colonial Bank N.A. The Bank offers a variety of demand, savings and time deposit products as well as extensions of credit through personal, commercial and mortgage loans. The additional services include treasury management services, electronic banking services, credit card and merchant services and wealth management services. Wealth management services include the sale of various insurance products and annuities and the sales of various types of investment products. As of 31-Dec-2008, its branch network consisted of 347 offices in Florida, Alabama, Georgia, Nevada and Texas.

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