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 offers various demand, savings and time deposit products as well as extensions of credit via personal, commercial and mortgage loans, through 305 branches in Alabama, Florida, Georgia, Nevada and Texas. Co. also provides cash management services, electronic banking services and credit card and merchant services. Further, Co., through its Colonial Brokerage, Inc. subsidiary, offers full service and discount brokerage services and investment advice. As of Dec 31 2006, Co. had total assets of $22.78 billion and total deposits of $ 16.09 billion.
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