Abstract
AbstractCommercial Banking (MIC: SIC: 6022 NAIC: 522110)Colonial BancGroup is a bank holding company. Co. is engaged in providing various products and services that include retail and commercial banking, wealth management services, mortgage banking and insurance through its branch network, private banking offices, automated teller machines and the internet as well as through other distribution channels to consumers and businesses. As of Dec 31, 2007, Co. had 338 branches, with 196 branches in Florida, 90 branches in Alabama, 18 branches in Georgia, 18 branches in Texas and 16 branches in Nevada. As of Dec 31 2007, Co. had total assets of approximately $25.98 billion and total deposits of approximately $18.54 billion.
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