BNET Industries

Colonial BancGroup Inc.

(CNB) is in the Financial Services Industry

Last Fiscal Year Sales:$1.5B
  • Public
  • US
Dow Jones Description

The Colonial BancGroup, Inc., is a $26 billion financial services company headquartered in Montgomery, Ala. Its common stock is traded on the New York Stock Exchange under the symbol CNB. In 1981, Colonial was organized as a bank-holding company with $166 million in assets. More than 27 years later, Colonial has strategically expanded its presence as part of a long-term strategy of sustained, controlled growth. Colonial provides the strength and stability of a Top 30 commercial bank with $26 billion in assets and a network of more than 353 banking offices in Alabama, Florida, Georgia, Nevada and Texas. In 2005, The Wall Street Journal ranked Colonial No. 1 among southeastern banks for the best one-, three-, and five-year average shareholder returns. In 2007, The Colonial BancGroup, Inc., received significant recognition when it was included on Forbes Magazine's Platinum 400 list of best publicly traded companies in America. Forbes included only 18 banks in the U.S. in its selection. In addition, The Colonial BancGroup, Inc. was named for the first time ever to Fortune Magazine's 2007 Fortune Global 1000 list, which ranks international businesses based on revenue. Colonial Bank, a subsidiary of The Colonial BancGroup, Inc., offers a broad line of retail and commercial banking products and services including checking and savings accounts, personal, mortgage and commercial loans, online banking, credit card, and treasury management services. ...

President & CEO
Lewis Beville
Number of Employees 4,808
Contact Information

100 Colonial Bank Blvd

Montgomery, Alabama 36117

colonialbank.co...

(334) 676-5000

NAICS Code Commercial Banking: 522110

Recent Events

  • Death of the big bank deal

    11/13/09 - Merger / Acquisition - View Story

  • U.S. Bancorp's Buying Shows No Signs of Slowing

    10/21/09 - Merger / Acquisition - View Story

  • Notice of Order Imposing Restrictions on Certain Transfers of Interests in the Colonial BancGroup, Inc.

    10/05/09 - Bankruptcy Filings - View Story

  • BOBBY LOWDER: How Colonial Bank's fall affects former leader

    9/11/09 - Financial Announcement - View Story

  • Bankers do more T&R (turnaround & restructuring), less M&A

    9/01/09 - Bankruptcy Filings - View Story

  • U.S. home lender Taylor Bean files for bankruptcy

    8/24/09 - New Investment - View Story

  • Major Bank Fails in South

    8/16/09 - New Investment - View Story

  • Fla. failures led to the fall of Colonial

    8/16/09 - Financial Announcement - View Story

  • Review

    8/15/09 - Merger / Acquisition - View Story

  • BB&T to buy Colonial assets in FDIC-backed deal: reports

    8/14/09 - Lawsuit Filed - View Story

  • Colonial Bank fails, new owner in place

    8/15/09 - Joint Venture / Alliance - View Story

  • Notable Mergers and Acquisitions of the Day 7/14: NOVN, MON, CNB/GHC

    7/14/09 - Joint Venture / Alliance - View Story

  • MBA Losing Yet Another Lobbyist

    6/13/09 - New Investment - View Story

  • Colonial BancGroup names new execs to replace Lowder

    6/03/09 - Mgmt. Change Entering - Other - View Story

  • Colonial looks to board to fill top jobs

    6/03/09 - Mgmt. Change Entering - CEO - View Story

  • Colonial names Lowder replacements

    6/04/09 - Mgmt. Change Entering - President - View Story

  • Lowder To Retire From Colonial BancGroup

    5/29/09 - Board Member - Leaving - View Story

News & Analysis

colonial bancgroup inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Lewis Beville President & CEO
Milton E. McGregor President and CEO, Macon County Greyhound Park, Inc. Montgomery, Alabama
Joe D. Mussafer President, Montgomery Beverage Company, Montgomery, Alabama
Robert S. Craft President, Craft Farms, Gulf Shores, Alabama
B David Jr Chief Legal Officer
Patti G. Hill Senior Executive Vice President, Chief Operating Officer
Sandra W. Jansky Senior Executive Vice President, Chief Credit Officer & Chief Risk Officer
Sarah H. Moore Senior Executive Vice President, Chief Financial Officer
T. Brent Hicks Senior Vice President & Chief Accounting Officer
David B. Byrne General Counsel, Secretary & Executive Vice President
Helena Duncan Executive Vice President
Linda L. Green Executive Vice President
Michelle Condon Executive Vice President
Rana Sanders Executive Vice President
Young J. Boozer III Executive Vice President, Risk Management
Dorothy Moseley Senior Vice President, Cash Management, Deposit Services
Sally Hudson Senior Vice President, IT, Item Processing
Teresa Griswold Senior Vice President, Loan Operations
Dave Reimer Vice President & Manager, Tax
Kamal S. Hosein Vice President & Treasurer
Lisa Free First Vice President & Controller, Regulatory Reporting
Rhonda Dunn Vice President, Marketing
Valenda Phillips Vice President, Telecomm
Augustus K. Clements Managing Partner, New England Financial, Montgomery, Alabama
John C.H. Miller Jr. Attorney, Partner: Miller, Hamilton, Snider & Odom, Llc, Mobile, Alabama
Glenda Allred Director of Investor Relations
Harlan C. Parrish Senior Executive Vice President, Retail Banking Director
Jane Rea Senior Vice President and Director of Marketing
John Ed Mathison Director, Bancgroup
Judy Mills Senior Vice President & Manager Retail Operations
Cory Shipman

Board of Directors

Name (plus bio) Position
Simuel Sippial Chairman
Harold D. King Board of Directors
Hubert L. Harris Board of Directors
Jimmy Rane Board of Directors
John Ed Mathison Board of Directors
Patrick F. Dye Board of Directors
Robert C. Craft Board of Directors
William Britton Board of Directors

Organization Position Status
The Colonial BancGroup, Inc. President & CEO Current
The Colonial BancGroup, Inc. Board of Directors Current
The Colonial BancGroup, Inc. Vice President, Thames Batre Mattei Beville & Ison, Mobile, Alabama Former

Organization Position Status
The Colonial BancGroup, Inc. President and CEO, Macon County Greyhound Park, Inc. Montgomery, Alabama Current
The Colonial BancGroup, Inc. Board of Directors Current

Organization Position Status
The Colonial BancGroup, Inc. President, Montgomery Beverage Company, Montgomery, Alabama Current
The Colonial BancGroup, Inc. Board of Directors Current

Organization Position Status
The Colonial BancGroup, Inc. President, Craft Farms, Gulf Shores, Alabama Current
The Colonial BancGroup, Inc. Board of Directors Current

Organization Position Status
The Colonial BancGroup, Inc. Chief Legal Officer Current

Organization Position Status
The Colonial BancGroup, Inc. Senior Executive Vice President, Chief Operating Officer Current
The Colonial BancGroup, Inc. Chief Executive Officer Former

Organization Position Status
The Colonial BancGroup, Inc. Senior Executive Vice President, Chief Credit Officer & Chief Risk Officer Current

Organization Position Status
Colonial Bank, N.A. CFO & Senior Executive Vice President Current
The Colonial BancGroup, Inc. Senior Executive Vice President, Chief Financial Officer Current
The Colonial BancGroup, Inc. Board of Directors Current

Organization Position Status
The Colonial BancGroup, Inc. Senior Vice President & Chief Accounting Officer Current

Organization Position Status
The Colonial BancGroup, Inc. General Counsel, Secretary & Executive Vice President Current
The Colonial BancGroup, Inc. Board of Directors Current

Organization Position Status
The Colonial BancGroup, Inc. Executive Vice President Current

Organization Position Status
The Colonial BancGroup, Inc. Executive Vice President Current

Organization Position Status
The Colonial BancGroup, Inc. Executive Vice President Current

Organization Position Status
The Colonial BancGroup, Inc. Executive Vice President Current

Organization Position Status
The Colonial BancGroup, Inc. Executive Vice President, Risk Management Current
Stanford University Board of Trustees Current

Organization Position Status
The Colonial BancGroup, Inc. Senior Vice President, Cash Management, Deposit Services Current
Alacha Board of Directors Current
The University of Tennessee M.S. In Mathematics Former
University of Wisconsin Former
The University of Alabama Former

Organization Position Status
The Colonial BancGroup, Inc. Senior Vice President, IT, Item Processing Current

Organization Position Status
The Colonial BancGroup, Inc. Senior Vice President, Loan Operations Current

Organization Position Status
The Colonial BancGroup, Inc. Vice President & Manager, Tax Current

Organization Position Status
The Colonial BancGroup, Inc. Vice President & Treasurer Current

Organization Position Status
The Colonial BancGroup, Inc. First Vice President & Controller, Regulatory Reporting Current
The Colonial BancGroup, Inc. Director of Investor Relations Current

Organization Position Status
The Colonial BancGroup, Inc. Vice President, Marketing Current

Organization Position Status
The Colonial BancGroup, Inc. Vice President, Telecomm Current

Organization Position Status
The Colonial BancGroup, Inc. Managing Partner, New England Financial, Montgomery, Alabama Current
The Colonial BancGroup, Inc. Board of Directors Current

Organization Position Status
The Colonial BancGroup, Inc. Attorney, Partner: Miller, Hamilton, Snider & Odom, Llc, Mobile, Alabama Current
Cpmy Current
Mhsolaw Current
The Colonial BancGroup, Inc. Vice Chairman Current
Superior Court of New Jersey Arbitrator Former
Alabama Law Case and Comment Editor Former
The Colonial BancGroup, Inc. Board of Directors Former
Trial Attorneys Board of Directors Former
Duke University Undergraduate Degree Former

Organization Position Status
The Colonial BancGroup, Inc. Director of Investor Relations Current

Organization Position Status
The Colonial BancGroup, Inc. Senior Executive Vice President, Retail Banking Director Current

Organization Position Status
The Colonial BancGroup, Inc. Senior Vice President and Director of Marketing Current

Organization Position Status
The Colonial BancGroup, Inc. Director, Bancgroup Current
Frazer Memorial Senior Minister Current
The Colonial BancGroup, Inc. Board of Directors Current
The Confessing Movement Within The United Methodist Church Board of Directors Current
John Ed Mathison Leadership Ministries Board of Directors Current
Huntingdon College Capt Former
Huntingdon College Doctorate Degrees Former
Birmingham-Southern College Doctorate Degrees Former
Asbury Seminary Doctorate Degrees Former
Huntingdon College Bachelor's Degree Former

Organization Position Status
The Colonial BancGroup, Inc. Senior Vice President & Manager Retail Operations Current

Organization Position Status
The Colonial BancGroup, Inc. Current

Organization Position Status
The Colonial BancGroup, Inc. Chairman Current
The Colonial BancGroup, Inc. President, Sippial Enterprises, Montgomery, Alabama Former

Organization Position Status
The Colonial BancGroup, Inc. Board of Directors Current

Organization Position Status
The Colonial BancGroup, Inc. Board of Directors Current

Organization Position Status
The Colonial BancGroup, Inc. Board of Directors Current
The Colonial BancGroup, Inc. President and CEO, Great Southern Wood Preserving, Abbeville, Alabama Former

Organization Position Status
The Colonial BancGroup, Inc. Board of Directors Current

Organization Position Status
The Colonial BancGroup, Inc. Board of Directors Current

Organization Position Status
The Colonial BancGroup, Inc. Board of Directors Current

Organization Position Status
The Colonial BancGroup, Inc. Board of Directors Current

Executive News

  • Teetering On Failure, But Meeting Standards

    New York Times - 8/13/09 - View Story

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Colonial BancGroup

CEO Rating

Bobby Lowder

Chairman, President, and CEO, Colonial BancGroup and Colonial Bank

100% Approve

Employer Rating
“Very Satisfied!” 5.0 3.0
Employee Reviews
IndustryTop Rated

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