Cape Bank history

The move to its new home was completed February 28, 1931 while the original building was purchased by M.L. Morris who would turn it into an antique shop.

The success continued for Bass River Savings Bank and in December 1937 they opened a second location in a prime spot at 338 Main Street in Hyannis.

In 1957 things were temporarily halted as the bank attempted to merge with the Wellfleet Savings Bank but it was denied.

From Cape Cod to New England and beyond, from present-day, to some classic 1980's nostalgia, to days long gone by.

Colonial Bank was established in 1981 as part of Colonial BancGroup's relocation to Montgomery from Mobile.

In the summer of 1982 rumors began to swirl of a possible merger between Bass River Savings Bank and Neworld Bank based out to Boston.

In 1987, Colonial intended to enter the Florida Panhandle by buying Liberty Bank of Pensacola on the first day a new Alabama interstate banking law took effect, but this never occurred.

Branches were added in Tennessee as part of its purchase of First AmFed of Huntsville in 1993; by this time, through a series of acquisitions of smaller banks, Colonial was the fifth-largest bank holding company in the state.

Colonial debuted in Georgia and Florida simultaneously in 1996 after purchasing Southern Bank of Orlando, the Atlanta-based Commercial Bank of Georgia, and Dothan Federal Savings Bank.

With a mortgage operation servicing customers in 45 states, Colonial also added assets outside the Southeast, such as the Las Vegas-based Commercial Bank and FirstBank of Dallas in 1998.