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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

Open Houses this weekend from The Higgins Group REALTORS!

Open Houses this weekend -- Saturday, July 19 & Sunday, July 20: 2 Birchwood Drive BEDFORD | $675,000 | 5 Bed, 2.5 Bath, Colonial | www.2BirchwoodDrive.com | Agent: Debbie Spencer - DebbieSpencerHomes@gmail.com | Open House: Sunday, 1-3pm 25 Blackwood ...
Posted: July 18, 2014, 3:01 pm

Harahan Colonial development still work in progress

The Harahan City Council is trying to hammer out a development agreement with Georges' company, the J.W. Colonial Group. It would cover such things as hours of operation for construction crews, what type of lighting can be used and how trash and debris ...
Posted: July 15, 2014, 8:15 pm

Colonial Hills Church rebuilding 1 year after bus crash

Moritz estimated a new bus will cost the church about $100,000. He said the Colonial Hills youth group has already raised $20,000 toward the cause by selling bracelets. The church will remember the one-year anniversary of the crash next Sunday in a special ...
Posted: July 19, 2014, 6:34 pm

Harahan City Council discussion of Colonial property betrays frustration

Huete also noted that they had seen no updates from the land owners, J.W. Colonial Group, as to progress made on securing a park. "Eight, nine months have gone by," she said, "We haven't gotten a good update...We haven't really worked together as a ...
Posted: July 17, 2014, 10:56 pm

Colonial Group up for sale

Savannah-based Colonial Group Inc. this year began testing the waters for a possible sale, attracting significant interest and a number of inquiries from both domestic and offshore buyers. "We've had some reasonably attractive numbers pop up," said Rob ...
Posted: December 28, 2007, 4:00 pm
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