Colony Bankcorp Inc (CBAN)

Overview

Colony Bankcorp, Inc., established in 1975 and headquartered in Fitzgerald, Georgia, functions as the holding company for Colony Bank. This institution serves both commercial and consumer customers, offering an extensive range of banking products and services. By focusing on the needs of small and medium-sized businesses, as well as individual consumers, Colony Bankcorp, Inc. plays a crucial role in its community's economic development and stability.

Products and Services

• Deposit Products: Offers a variety of deposit options including demand deposits (checking accounts), savings accounts, and time deposits (certificates of deposit). These products are tailored to meet the needs of both individuals and businesses, providing a secure way to save money while earning interest.
• Loans: Extends a broad spectrum of loan services catering to different sectors:
  • Small and Medium-Sized Business Loans: Offers financial support to businesses for expansion, capital improvement, and other operational needs.
  • Residential and Commercial Construction and Land Development Loans: Provides funding for the construction of houses and commercial properties, as well as the development of land.
  • Commercial Real Estate Loans: Tailored for businesses looking to purchase or refinance commercial properties.
  • Agri-business and Production Loans: Supports the agricultural sector with loans for production, machinery, and land acquisitions.
  • Residential Mortgage Loans: Facilitates homeownership with various mortgage financing options.
  • Home Equity Loans: Allows homeowners to borrow against the equity of their homes.
  • Consumer Loans: Includes personal loans, auto loans, and other forms of consumer credit.
• Internet Banking Services: Enables customers to conduct a variety of banking transactions online, offering convenience and 24/7 access to account information.
• Electronic Bill Payment Services: Provides a secure and convenient way for customers to pay their bills electronically, eliminating the need for paper checks.
• Safe Deposit Box Rentals: Offers a secure environment for the storage of valuable personal documents and items.
• Telephone Banking: Allows customers to perform select banking transactions over the phone, offering an alternative to in-person and online banking.
• Credit and Debit Card Services: Offers a range of card options for making purchases, transactions, or accessing cash from ATMs.
• Remote Deposit Products: Enables business customers to deposit checks remotely, saving time and enhancing cash flow management.
• ATM Network: Provides customers with access to cash through a network of ATMs, increasing the convenience and accessibility of banking services.