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
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
COPE CARYN D
   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 Credit Officer
(Last)
(First)
(Middle)
2508 GUNSTER ROAD		 3. Date of Earliest Transaction (Month/Day/Year)
06/06/2008
(Street)

MONTGOMERY, AL 36111		 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               170,283 D  
Preferred Securities, Colonial Capital Trust IV               600 D  
Common Stock 06/06/2008   P   5,400 A $ 5.0199 7,700 I by Spouse
Common Stock 06/06/2008   P   100 A $ 5.02 7,800 I by Spouse

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

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) $ 11.75             12/30/2004 12/30/2012 Common Stock 3,200   3,200 D  
Non-Qualified Stock Option (right to buy) $ 11.75             12/30/2003 12/30/2012 Common Stock 3,540   3,540 D  
Incentive Stock Option (right to buy) $ 17.28             12/23/2004(1) 12/23/2013 Common Stock 8,534   6,534 D  
Non-Qualified Stock Option (right to buy) $ 17.28             12/23/2004 12/23/2013 Common Stock 1,466   1,466 D  
Incentive Stock Option (right to buy) $ 21.45             12/28/2005(2) 12/28/2014 Common Stock 6,460   2,460 D  
Non-Qualified Stock Option (right to buy) $ 21.45             12/28/2005(3) 12/28/2014 Common Stock 3,540   3,540 D  
Incentive Stock Option (right to buy) $ 25.4             04/18/2007(4) 04/18/2016 Common Stock 11,013   891 D  
Non-Qualified Stock Option (right to buy) $ 25.4             04/18/2007(5) 04/18/2016 Common Stock 25,367   13,661 D  
Non-Qualified Stock Option (right to buy) $ 25.81             01/16/2008(6) 01/16/2017 Common Stock 25,090   5,018 D  
Non-Qualified Stock Option (right to buy) $ 11.29             01/15/2009(7) 01/15/2018 Common Stock 63,825   0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
COPE CARYN D
2508 GUNSTER ROAD
MONTGOMERY, AL 36111		       Chief Credit Officer  

Signatures

 /s/ Caryn D. Cope   06/10/2008
**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) 534 options vest on year from the date of grant. The remaining 8,000 options vest in four equal installments, annually, on 12/23/2005, 12/23/2006, 12/23/2007, and 12/23/2008.
(2) 588 option vest on 12/28/2005 and 12/28/2006. 1,284 options vest on 12/28/2007. The remaining 4,000 options vest in two equal installments, annually, on 12/28/2008 and 12/28/2009.
(3) 1,412 options vest on 12/28/2005 and 12/28/2006. 716 options vest on 12/28/2007.
(4) 4 options vest one year from the date of grant. 887 options vest on the second anniversary of the grant date. 2,248 options vest on the third anniversary of the grant date. The remaining 7,874 options vest in equal installments, annually, beginning on the fourth anniversary of the grant date.
(5) 7,272 options vest on the first anniversary of the grant date. 6,389 options vest on the second anniversary of the grant date. 5,028 options vest on the third anniversary of the grant date. The remaining 6,678 options vest in two equal installments, annually, beginning on the fourth anniversary of the grant date.
(6) Options vest in 5 equal installments, 20% annually beginning one year from the date of grant. (20% vested)
(7) Options vest in 5 equal installments, 20% annually beginning one year from the date of grant.(0% vested)

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.