Working at Colonial BancGroup | Glassdoor

Colonial BancGroup Overview

Work Here? Get a Free Employer Account
Montgomery, AL
1001 to 5000 employees
Unknown
Company - Public
Unknown
$500 million to $1 billion (USD) per year
Unknown
The Colonial BancGroup is colonizing the South. The company owns Colonial Bank, which operates about 340 branches mostly in Florida, but also in Alabama, Georgia, Nevada, and Texas. It offers such standard banking fare as checking and savings accounts, CDs, and credit cards, in ... Read more

Colonial BancGroup Reviews

2.7
Star Star Star Star Star
Recommend to a friend
Approve of CEO
(no image)
Bobby Lowder
3 Ratings
  • "Typical for a bank"

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

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

    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.

See All 3 Reviews

Colonial BancGroup Interviews

Interview Experience

Interview Experience
100%
0%
0%

Getting an Interview

Getting an Interview
100%

Interview Difficulty

3.0
Average

Interview Difficulty

Hard

Average

Easy
  1.  

    Investment Consultant Interview

    Anonymous Employee
    Accepted Offer
    Positive Experience
    Average Interview

    Application

    I applied in-person. The process took 2 weeks. I interviewed at Colonial BancGroup in July 2008.

    Interview

    I submitted resume to sales manager. He invited me in for one on one. There were other interviews with regional managers on the bank side and the whole process including background check took about 2 weeks before Ianded the position.

    Interview Questions

    • Why would you be a good fit for our company   1 Answer

    Negotiation

    Not much negotiation. I would advise others to meet with branch manager and inquire about turnover. That would be standard for any bank you interview with. Most important is that you click with the people you work alongside with like tellers, branch manager, and new accounts reps given those are the folks who refer business to you.

See All 1 Interviews

Colonial BancGroup Awards & Accolades

Let us know if we're missing any workplace or industry recognition – Add Awards

Work at Colonial BancGroup? Share Your Experiences

Colonial BancGroup
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or