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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 Group updates SEDA board on progress of Savannah Yacht Center

With the passage of legislation earlier this year giving yacht owners the same tax incentives for repair and service work in Georgia that they already get in Florida, Colonial Group’s Savannah Yacht Center on Lathrop Avenue is beginning to take shape ...
Posted: May 8, 2017, 9:36 pm

Colonial Group Appoints Naz Farrow As CEO

On behalf of the Board of Directors of Colonial Group International, Chairman Dr. Grant Gibbons announced that Naz Farrow, COO – Health, has been appointed Designate Chief Executive Officer of Colonial Group International [CGI] effective June 1st 2017.
Posted: May 30, 2017, 12:32 pm

Colonial Gas Pipeline May Reopen Saturday After Fatal Alabama Explosion

Ryan Chandler, vice president at Colonial Group, which is not connected to Colonial Pipeline, said he has been fielding calls from the pipeline's customers seeking access to its Charleston and Savannah marine terminals. Chandler's company manages three ...
Posted: November 2, 2016, 2:13 am

It's in York County's Budget: $422,810 for Colonial Group Home Commission

As part of judicial services related to its courts, York County has allocated $422,810 this fiscal year for the Colonial Group Home Commission. That is a decrease from $451,869 budgeted the previous year. The decrease in funding was based on projected ...
Posted: September 14, 2015, 4:53 pm

Enova announces Port Agreement with Colonial Group

ATLANTA, Dec. 10, 2012 /PRNewswire/ -- Enova Wood Pellet Group, LLC, a subsidiary of Enova Energy Group, LLC, has entered into a long term port agreement with Georgia Kaolin Terminals, Inc. (GKT) a subsidiary of Colonial Group, Inc. The agreement ...
Posted: December 10, 2012, 12:06 pm
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