Bank Watch List » Colonial Bank http://www.bankwatchlist.com How Safe Is Your Bank? Fri, 21 May 2010 22:20:37 +0000 en hourly 1 http://wordpress.org/?v=3.0 Colonial Bank http://www.bankwatchlist.com/bankfailures/colonial-bank/ http://www.bankwatchlist.com/bankfailures/colonial-bank/#comments Sat, 15 Aug 2009 13:47:32 +0000 admin http://www.bankwatchlist.com/?p=179 a

]]> Colonial Bank of Montgomery, Alabama was closed by the Alabama State Banking Department.

All of the banks assets were aquired by Winston Salem, NC based BB&T.

This is significant in that this is the largest bank failure since Washington Mutual.

Read the FDIC Press Release for more information.

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