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Colonial Group Net Worth is 5.46e $Billion.

Colonial Group Net Worth is 5.46e $Billion. Colonial BancGroup Inc. was a $26 billion bank holding company headquartered in Montgomery, Alabama, USA. Colonial BancGroup, Inc. was a financi Colonial BancGroup Inc. was a $26 billion bank holding company headquartered in Montgomery, Alabama, USA. Colonial BancGroup, Inc. was a financial services company that, through its subsidiaries, provided diversified services, including retail and commercial banking, wealth management services, mortgage banking and insurance.
The company ran into problems after it was revealed that it had bought $1 billion in mortgages from Taylor, Bean & Whitaker that Taylor Bean had forged, in one of the biggest fraud cases in history.
The principal activity of the BancGroup was to supervise and coordinate the business of its subsidiaries, and to provide them with capital and services. The BancGroup derived substantially all of its income from dividends received from Colonial Bank, it's banking subsidiary. The BancGroup's subsidiary Colonial Brokerage, Inc. provided full service and discount brokerage services and investment advice. The BancGroup had interests in several residential...
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Colonial Group Latest News

Colonial Group International Chooses Send Word Now® For Emergency Communications, Better Business Resilience

NEW YORK, Dec. 17, 2014 /PRNewswire/ -- Send Word Now, the worldwide leader in enterprise-class critical communications, including emergency notification, announced today its selection by Bermuda-based insurance and pension provider, Colonial Group ...
Posted: December 17, 2014, 4:00 pm

First Colonial Group has record first-quarter profit

First Colonial Group, parent company of Nazareth National Bank, said Wednesday its first-quarter profit hit a record high, fueled in large part by an expanding deposit base. Nazareth National Bank had net income of $811,000, up 0.76 percent over the $ ...
Posted: April 18, 2002, 5:00 pm

Colonial Group Inc. reports earnings for Qtr to Dec 31

Year-ago fourth quarter included a pretax charge of $1,800,000 and the 1988 full year results included a pretax charge of $2,550,000.
Posted: February 7, 1990, 4:00 pm

Colonial Group up for sale

Savannah-based Colonial Group Inc. this year began testing the waters for a ... Among its subsidiaries are: Colonial Oil Industries Inc., one of the largest independent oil companies in the Southeast United States, with ocean terminals in Savannah ...
Posted: December 28, 2007, 11:50 pm

Colonial Group unveils new subsidiary

Savannah’s Colonial Group Inc. has announced the launch of its new, wholly owned subsidiary, MaschioPack North America LLC, which will manufacture and sell what it calls Composite Intermediate Bulk Containers — or IBCs — in the North American market.
Posted: March 25, 2014, 5:00 pm
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