BREAKING NEWS: Colonial Bank to be acquired by BB&T

Published 11:51 pm Friday, August 14, 2009

By Staff
The Alabama State Banking Department announced Friday that it has taken possession of Colonial Bank, the Montgomery-based bank that has a branch in Brewton.
The banking department announced that North Carolina-based BB&T Corporation will acquire Colonial Bank through an agreement with FDIC.
For more information, see Saturday's edition of The Brewton Standard.