| Colonial BancGroup, Inc. is a bank holding company whose principal subsidiary, Colonial Bank, conducts a general commercial banking business. As of December 31, 2000, Colonial Bank had a total of 239 branches, with 119 branches in Alabama, 85 branches in Florida, 22 branches in Georgia, three branches in Tennessee, two branches in Texas and eight branches in Nevada. Colonial Bank offers a variety of demand, savings and time deposit products, as well as extensions of credit through personal, commercial and mortgage loans, within each of its market areas. The Company also offers a complete line of commercial and retail banking products, as well as cash management services, electronic banking services, credit card and merchant services and wealth management services. The wealth management services include trust services and various investment products |
