Abstract
AbstractCommercial Banking (MIC: 8.1 SIC: 6022 NAIC: 522110)Colonial BancGroup is a bank holding company. Through its subsidiary, Colonial Bank, Co. conducts a general commercial banking business and provides various demand, savings and time deposit products as well as extensions of credit via personal, commercial and mortgage loans. Co. also provides treasury management services, electronic banking services and credit card and merchant services. Further, Co., through its Colonial Brokerage, Inc. subsidiary, provides full service and discount brokerage services and investment advice. As of Dec 31 2007, Co. had total assets of $25.98 billion and total deposits of $18.54 billion.
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