(1888PressRelease)
April 30, 2009 - Colonial Bank announced the promotion of Robert A. Loftin to senior area president responsible for the bank’s retail banking initiatives in the West Coast Florida region.
Loftin joined the company in 2007 as Polk County president following the acquisition of Citrus & Chemical Bank where he served as chief operating officer. He has held a number of management roles in his 29-year banking career including commercial lending and retail area manager for Barnett Bank; Financial Center manager for BB&T Bank; and senior voce president of commercial lending at Platinum Bank.
“Robert has a proven track record of driving performance through strong execution and consistency of our retail strategies,” said Brian Nicholas, president and CEO of Commercial Lending, Florida West Coast region. “I know he will be successful in continuing to build our business in our Florida West Coast market.”
Loftin received his undergraduate business degree from the University of Arkansas. He also is a 2008 graduate from the American Bankers Association Stonier Graduate School of Banking at the University of Pennsylvania. Loftin has been active in the Polk County community for many years, currently serving as vice chairman of the Advisory Board of Directors for the Salvation Army and a long-term member of the Lakeland South Rotary Club where he is a past president.
About Colonial Bank
Colonial Bank is a division of the Montgomery, Alabama-based Colonial BancGroup, Inc., a $26 billion bank-holding company with more than 340 offices in Alabama, Florida, Georgia, Nevada and Texas. The Colonial BancGroup, Inc., is traded on the New York Stock Exchange under the symbol CNB, and is located online at www.colonialbank.com. The company has received a number of prestigious accolades such as inclusion on Forbes Magazine’s 2007 Best Big Companies in America and the publication’s Global 1000 lists.
For More Information Contact:
Merrie Betbeze Tolbert, Senior Vice President
Communications Manager
(334) 676-5546
merrie_tolbert ( @ ) colonialbank dot com
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