Failed bank: Colonial Bank4 of 12Failed bank: Colonial BankBank headquarters: Montgomery, Ala.Assets: $25,000,000,000Number of branches: 346Date closed: 8/14/2009Bank assuming deposits: BB&T, Winston-Salem, N.C. Related Articles:Mortgage MattersHousing market recovery?Interest Rate RoundupRate Trend Index4 steps to refi mortgageRelated Links:Calculate your mortgage30-year or 15-year mortgage?Balloon mortgage calculatorCalculate your mortgage paymentHow much paint will you need
Bankrate wants to hear from you and encourages thoughtful and constructive comments. We ask that you stay focused on the story topic, respect other people's opinions, and avoid profanity, offensive statements, illegal contents and advertisement posts. Comments are not reviewed before they are posted. Bankrate reserves the right (but is not obligated) to edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused.
By submitting a post, you agree to be bound by Bankrate's terms of use. Please refer to Bankrate's privacy policy for more information regarding Bankrate's privacy practices.