Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Hill Patti G
   2. Issuer Name and Ticker or Trading Symbol
COLONIAL BANCGROUP INC [CNB] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Operating Officer
(Last)
(First)
(Middle)
7257 BRISBANE PLACE		 3. Date of Earliest Transaction (Month/Day/Year)
08/25/2009
(Street)

MONTGOMERY, AL 36117		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/25/2009   D(5)   12,663 D $ 0 143,310 D  
Common Stock 08/25/2009   D(5)   12,663 D $ 0 130,647 D  
Common Stock 08/25/2009   D(5)   5,360 D $ 0 125,287 D  
Common Stock 08/25/2009   D(5)   5,360 D $ 0 119,927 D  
Common Stock 08/25/2009   D(5)   30,000 D $ 0 89,927 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (right to buy) $ 21.41             12/30/2005(1) 12/30/2014 Common Stock 10,000   8,000 D  
Incentive Stock Option (right to buy) $ 10.5             12/30/2000 12/30/2009 Common Stock 20,000   20,000 D  
Incentive Stock Option (right to buy) $ 12.54             06/18/2001 06/18/2011 Common Stock 20,000   20,000 D  
Incentive Stock Option (right to buy) $ 14.81             12/28/2002 12/28/2011 Common Stock 5,000   5,000 D  
Incentive Stock Option (right to buy) $ 11.75             12/30/2007 12/30/2012 Common Stock 1,000   1,000 D  
Non-Qualified Stock Option (right to buy) $ 11.75             12/30/2003(2) 12/30/2012 Common Stock 2,000   2,000 D  
Incentive Stock Option (right to buy) $ 17.28             12/23/2004 12/23/2013 Common Stock 5,000   5,000 D  
Incentive Stock Option (right to buy) $ 25.4             04/18/2007(3) 04/18/2016 Common Stock 12,800   4,926 D  
Non Qualified Stock Option (right to buy) $ 25.4             04/18/2007(4) 04/18/2016 Common Stock 23,580   16,902 D  
Non Qualified Stock Option (right to buy) $ 25.81             01/16/2008(1) 01/16/2017 Common Stock 25,090   10,036 D  
Non Qualified Stock Option (right to buy) $ 11.29             01/15/2009(1) 01/15/2018 Common Stock 63,825   12,765 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Hill Patti G
7257 BRISBANE PLACE
MONTGOMERY, AL 36117		       Chief Operating Officer  

Signatures

 /s/ Patti G. Hill   08/28/2009
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Options vest in 5 equal installments, 20% annually beginning one year from the date of grant.
(2) Options vest in 4 equal installments, 25% annually beginning one year from the date of grant.
(3) 1,105 options will vest on 4/18/2007. 1,570 options will vest on 4/18/2008. 2,251 options will vest on 4/18/2009. The remaining 7,874 options will vest in two equal installments annually beginning on the fourth anniversary of the grant date.
(4) 6,171 options will vest on 4/18/2007. 5,706 options will vest on 4/18/2008. 5,025 options will vest on 4/18/2009. The remaining 6,678 options will vest in two equal installments, annually, beginning on the fourth anniversary of the grant date.
(5) On August 14, 2009 the FDIC took Colonial Bank into receivership. The FDIC sold Colonial Bank and certain of its assets to BB&T. As a result, Ms. Hill ceased being an employee of an affiliate of Colonial BancGroup at the close of business on August 14th and began employment with BB&T immediately thereafter. On August 25th, 2009, Ms. Hill resigned from Colonial BancGroup, Inc. thereby causing the referenced restricted stock awards to cancel pursuant to the terms of the Colonial BancGroup, Inc. Stock Incentive Plan.

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