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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

Best Affirms Colonial Group and Subs Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of the life/health and property/casualty operating subsidiaries of Colonial Group International Limited. The outlook for all ...
Posted: September 28, 2012, 3:55 am

Colonial group family gives to relief efforts

Colonial Group International through its local member companies—Atlantic Medical, Colonial Pensions International, Security & General and Nassau Insurance Agents & Brokers have made sizable donations to three of the organizations, which are leading the ...
Posted: November 27, 2015, 4:10 am

Colonial Group’s A- rating affirmed

Colonial Group International Ltd’s life/health and property/casualty operating subsidiaries have been affirmed the financial strength ratings of A- (excellent) and issuer credit ratings of “a-” by AM Best Co. The outlook for all ratings is stable.
Posted: September 15, 2011, 2:15 am

Key Executives for First Colonial Group Inc.

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Posted: June 24, 2016, 1:59 am

Colonial Group Sponsoring “Relay For Life”

Colonial Group International is sponsoring Relay For Life of Bermuda – the second time it has been a platinum sponsor. Naz Farrow, Colonial Group International’s Chief Operating Officer for Health, said: “I attended the event last year and was blown ...
Posted: March 2, 2016, 6:28 am
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