Colonial Bank: Difference between revisions

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[[Image:Colonial Bank logo.png|right]]
[[Image:Colonial Bank logo.png|right]]
'''Colonial Bank''' is a Montgomery-based regional bank and is listed on the New York Stock Exchange. Colonial has 300 branches in Alabama, Georgia, Florida, Nevada and Texas.
'''Colonial Bank''' is a Montgomery-based regional bank and is listed on the New York Stock Exchange. Colonial has 300 branches in Alabama, Georgia, Florida, Nevada and Texas.
The bank was founded in [[1981]] by [[Bobby Lowder]]. It has had a banking presence in Birmingham since it acquired [[Exchange National Bank of Birmingham]] in [[1982]].
The bank's CEO is Lewis Beville. The chairman of the board is Simuel Sippial, Jr. Both positions were held by Lowder until his retirement in [[2009]]. Lowder's departure coincided with a massive cash investment by Florida's Taylor Bean & Whitaker, making the bank eligible for the U. S. government's Troubled Asset Relief Program. The investment firm took a 75% interest in the bank.


==Birmingham locations==
==Birmingham locations==
Colonial Bank has been a banking presence in Birmingham since it acquired [[Exchange National Bank of Birmingham]] in [[1982]].  Colonial currently has 24 offices in the metropolitan Birmingham area:
Colonial currently has 26 offices in the metropolitan Birmingham area:


* [[Empire Building]], 1928 [[1st Avenue North]], [[Downtown Birmingham]]
* [[Empire Building]], 1928 [[1st Avenue North]], [[Downtown Birmingham]]
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* 415 2nd Avenue East, [[Oneonta]]
* 415 2nd Avenue East, [[Oneonta]]
* 255 5th Street, [[Ashville]]
* 255 5th Street, [[Ashville]]
==References==
* Jarvis, Crystal (June 3, 2009) "Colonial BancGroup names new execs to replace Lowder." ''Birmingham Business Journal''


== External Links ==
== External Links ==

Revision as of 08:28, 4 June 2009

Colonial Bank logo.png

Colonial Bank is a Montgomery-based regional bank and is listed on the New York Stock Exchange. Colonial has 300 branches in Alabama, Georgia, Florida, Nevada and Texas.

The bank was founded in 1981 by Bobby Lowder. It has had a banking presence in Birmingham since it acquired Exchange National Bank of Birmingham in 1982.

The bank's CEO is Lewis Beville. The chairman of the board is Simuel Sippial, Jr. Both positions were held by Lowder until his retirement in 2009. Lowder's departure coincided with a massive cash investment by Florida's Taylor Bean & Whitaker, making the bank eligible for the U. S. government's Troubled Asset Relief Program. The investment firm took a 75% interest in the bank.

Birmingham locations

Colonial currently has 26 offices in the metropolitan Birmingham area:

References

  • Jarvis, Crystal (June 3, 2009) "Colonial BancGroup names new execs to replace Lowder." Birmingham Business Journal

External Links