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Home > Company Index > Banking > Banking - Southeast > The Colonial BancGroup, Inc.
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The Colonial BancGroup, Inc. |
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PROFILE |
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The Colonial BancGroup owns Colonial Bank, which operates some 250 branches in Alabama, Florida, Georgia, Tennessee, Texas, and Nevada. Services include checking and savings accounts, CDs, and credit cards; investment products are also available. Lending activities primarily consist of residential and commercial mortgages, each accounting for about 30% of its loan portfolio; the bank also writes commercial, installment, and consumer loans. Subsidiaries of the company and the bank provide trust services and asset management, sell insurance and annuities, and offer other services. The company plans to buy Tampa's Manufacturers Bank of Florida and about a dozen branches in Alabama and Florida from Union Planters.
COMPETITION |
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Bank of America Corporation (BAC)
SouthTrust Corporation (SOTR)
SunTrust Banks, Inc. (STI)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 973.10
1-Yr. Sales Growth: 6.0%
Employees: 3,212
Revenue per employee: $302,957.66
KEY PEOPLE |
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Robert E. Lowder
CEO
W. Flake Oakley
CFO
CONTACT INFO |
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1 Commerce St.
Montgomery, AL 36101
US
Phone: 334-240-5000
Fax: 334-240-5395
Online: Web Site
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Copyright © 2001, Hoover's Inc. Austin, Texas.
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