Home Equity Line of Credit from Colonial Bank
The Colonial BancGroup, Inc., headquartered in Montgomery, Alabama, is a $27 billion financial services company. Currently, 69% of Colonial’s deposits are in Florida, Georgia, and Nevada. The company also has a Top 5 market share in both Alabama and Florida, representing 83% of the franchise. The company’s Home Equity Lines of Credit features monthly billing statements and a low annual fee. It is accessible by writing a special Equity Line check.
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