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Colonial Group
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. (BancGroup) was a financi. Colonial BancGroup Inc. was a $26 billion bank holding company headquartered i...

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

Neighbors speak out against proposed Palmetto Pipeline

“But they offer no support needed to make an evaluation of whether or not that’s even a potential,” said the Vice President of The Colonial Group, Ryan Chandler. Chandler has several questions for Kinder Morgan. He wants them to put all of their ...
Posted: May 4, 2015, 7:44 pm

Colonial Group Pledges Support For Earth Hour

The Colonial Group will turn off all its lights for an hour at its Reid Street offices in the run-up to Earth Hour on Saturday, March 29. Colonial Group CEO Alan Peacock said, “As an insurance firm we are well aware of how changes in the environment can ...
Posted: March 6, 2014, 12:00 am

Colonial supports Toys for Tots

The Colonial Group will be lending a hand with this year’s Toys for Tots campaign to collect Christmas toys for needy children. The annual campaign, organised by Coldwell Banker Bermuda Realty and the Coalition for the Protection of the Children ...
Posted: November 24, 2014, 10:49 am

Colonial Group Expands Chemical Solutions' Reach With Acquisition Of Acme Southern

Leading independent chemical distributor, Colonial Chemical Solutions, Inc., a subsidiary of Savannah-based Colonial Group, Inc., is pleased to announce that on Thursday, Sept. 4, the company acquired Acme Southern, Inc. based out of Pineville, NC.
Posted: September 15, 2014, 5:00 pm

Company Overview of Colonial Group, Inc.

In March 1995, The Colonial Group, Inc. was acquired by Liberty Financial Companies, Inc. Previously, The Colonial Group, Inc. operated as an investment manager or sub-adviser for open-end and closed-end investment companies included in the Colonial family ...
Posted: April 29, 2015, 8:50 pm
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