Colonial BancGroup Reviews

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2.7
Recommend to a friend
Approve of CEO
(no image)
Bobby Lowder
3 Ratings

3 Employee Reviews

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  1. Good company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Banker in Birmingham, AL
    Former Employee - Banker in Birmingham, AL

    I worked at Colonial BancGroup full-time (More than 5 years)

    Recommends
    Negative Outlook
    Approves of CEO
    Recommends
    Negative Outlook
    Approves of CEO

    Pros

    The company was good when it was in existince...a few greedy people made some bad decisions that led to its collapse. Was a fun place to work.

    Cons

    There was little room for growth, the company did grow into some successful areas in Florida and really helped the BB&T franchise. It should have slowed growth


  2. Typical for a bank

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President/Branch Manager in Las Vegas, NV
    Former Employee - Vice President/Branch Manager in Las Vegas, NV

    I worked at Colonial BancGroup full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Benefits comparable to most banks, pay was slightly better but bonus was not as good.

    Cons

    Constant turnover in management presented many challenges. Goals were changed quarter to quarter so it was nearly impossible to gain momentum with sales as the focus was constantly shifting.


  3. dont work here.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Colonial BancGroup

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    people i worked with were very nice

    Cons

    if you arent senior managment, you dont exist.

    Advice to Management

    treat everyone as equals.



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