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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

Colonial School District hosts Summer String Fest camp

SUMMER STRINGS ... Colonial School District orchestra students take part in small group instruction during the Summer String Fest. The Colonial School District Summer String Fest played host to 35 young orchestra members during a weeklong camp from July 7 ...
Posted: July 23, 2014, 1:51 am

Beach group questions cost of school system

A newly formed group of Colonial Beach residents are voicing frustration about the town’s budget and school funding. While school supporters have asked the council to support the school system financially, Colonial Beach Concerned Citizens is asking the ...
Posted: July 12, 2014, 10:40 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 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

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 27, 2014, 6:03 am
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