Colonial BancGroup Reviews | Glassdoor

Colonial BancGroup Reviews

2 reviews

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3.0
Star Star Star Star Star
Recommend to a friend
Approve of CEO
(no image)
Bobby Lowder
2 Ratings

2 Employee Reviews

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  1. "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.


  2. "Good company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Banker in Birmingham, AL
    Former Employee - Banker in Birmingham, AL
    Recommends
    Negative Outlook
    Approves of CEO

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

    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


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