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Colonial Savings Bank

About us

Colonial Savings is a national provider of consumer and commercial financial services. Founded in 1952, the company has $1 Billion in assets and is privately held by choice to ensure our focus remains on our customers and not the expectations of Wall Street. Colonial Savings is rated “Five Stars – Highly Recommended” as one of the strongest banks in the country by Bauer Financial, a leading analyst. The Colonial Companies family of companies includes: Divisions Colonial Savings: Full service personal and commercial banking Colonial National Mortgage: Leading retail mortgage lender, with retained servicing on 99% of loans we make CU Members Mortgage: Provides mortgage origination and servicing to more than 1,100 credit unions nationwide Community Bankers Mortgage: Provides mortgage services and retained servicing to community banks Affiliates DuBose & Associates Insurance: Personal and commercial property and liability insurance Colonial Life Insurance Co. of Texas: Mortgage, Life and AD&D Insurance, specializes in Level Term Insurance and Mortgage Disability Colonial Lloyds: Dwelling fire and homeowner insurance coverage for Texas policyholders First Western Title: National residential and commercial title company

Business highlights

Emergency services offered
73 years of experience

Services we offer

Life and Title Insurance., Providing Personal Banking; Commercial Banking; Mortgage Origination and Servicing; and Property

Amenities

Emergency Services

Yes

Accepted Payment Methods

  • CreditCard
Reviews
4.68 Reviews
Number of StarsImage of DistributionNumber of Ratings
5
88%
4
0%
3
0%
2
13%
1
0%
Showing 1-8 of 8 reviews
Lisa M.
Jun 2015
5.0
Yes, I recommend this pro
.

Lisa M.
Jun 2015
5.0
Yes, I recommend this pro
.

Mary D.
Dec 2014
2.0
Terrible customer service.  My sister recommended them, as had used them years ago with a home purchase.  She saw all that I went through with Colonial and was so sorry that she recommended them.  A horrible experience overall.  I have excellent credit, and was treated like a hostile witness in my dealings over the year long process.  I will never use them for anything ever again.

Daniel S.
May 2013
5.0
Yes, I recommend this pro
$180,000
sThey are very friendly, and very financially stable, which is more than many Savings and Loans can say. My business bank has changed names and ownership 5 times over the years, but Colonial Savings and Loan stands steady and Texas friendly.

Beaufort L.
Oct 2008
5.0
Yes, I recommend this pro
$1,000
Mortgage service for about 20+ years; service is great; no problems with payments of insurance or taxes from escrow as required; accurate statements and accounting

MICHAEL S.
Oct 2006
5.0
Yes, I recommend this pro
$111,000
We actually used the branch in Lewisville, and our representative Deanna Adams took us around and introduced us to the team that was working on our mortgage. It really made us more comfortable to see the faces behind the voices on the phones. They went above and beyond to explain things to us and to alleviate our concerns and fears about our first home purchase.

Homeowner
Oct 2004
5.0
Yes, I recommend this pro
$67,051
THIS COMPANY HAD THE MORTGAGE ON MY HOUSE. I PAID IT OFF. THEY WERE VERY EASY TO WORK WITH. ALL OF THE PAPERWORK WENT VERY SMOOTHLY.

Homeowner
Oct 2004
5.0
Yes, I recommend this pro
OFFICERS OF COLONIAL SAVINGS WERE HELPFUL, RESPONSIVE AND EFFICIENT. WE ARE VERY PLEASED WITH THE LEVEL OF CONTACT THAT THEY EXHIBITED AND THE EFFORT PUT FORTH TO EXPEDITE OUR LOAN.

Licensing

State Contractor License Requirements

All statements concerning insurance, licenses, and bonds are informational only, and are self-reported. Since insurance, licenses and bonds can expire and can be cancelled, homeowners should always check such information for themselves. To find more licensing information for your state, visit our Find Licensing Requirements page.

*Contact business to see additional licenses.

FAQ

Colonial Savings Bank is currently rated 4.6 overall out of 5.

Colonial Savings Bank accepts the following forms of payment: CreditCard

No, Colonial Savings Bank does not offer free project estimates.

No, Colonial Savings Bank does not offer eco-friendly accreditations.

No, Colonial Savings Bank does not offer a senior discount.

Yes, Colonial Savings Bank offers emergency services.

No, Colonial Savings Bank does not offer warranties.