Colony Bank — Consumer Response Profile

How this company responds to consumer inquiries (CFPB data) • Period: 2023-present • Last verified: 2026-05-04

Resolution Rate
89.4%

Consumer inquiries resolved successfully

Timely Response
82.0%

Responded within 15-day window

Total Interactions
2,756

Consumer interactions on record

Services Used by Consumers

Debt collection 36.7%
Credit reporting, credit repair services, or other personal consumer reports 24.4%
Credit reporting or other personal consumer reports 18.0%
Credit card 9.3%
Credit card or prepaid card 8.4%

Consumer Feedback Categories

Incorrect information on your report 25.2%
Attempts to collect debt not owed 16.9%
Improper use of your report 8.0%
Problem with a credit reporting company's investigation into an existing problem 6.8%
Written notification about debt 6.6%

Response Breakdown

Closed with explanation 2413 (87.6%)
Untimely response 219 (7.9%)
Closed 74 (2.7%)
Closed with monetary relief 25 (0.9%)
Closed with non-monetary relief 21 (0.8%)
In progress 4 (0.1%)

Understanding This Data

The Consumer Financial Protection Bureau (CFPB) tracks how financial companies respond to consumer inquiries. This profile shows Colony Bank's responsiveness and resolution track record.

  • Resolution Rate — How often the company resolves consumer inquiries with a satisfactory outcome (monetary or non-monetary relief).
  • Timely Response Rate — How consistently the company responds within the required 15-day window — a sign of operational responsiveness.
  • Services Used — Which product categories consumers interact with most frequently.
  • Feedback Categories — The types of inquiries consumers submit most often.

Higher resolution and timely response rates indicate strong consumer service operations. Volume of interactions is not a quality indicator — larger, more established companies naturally handle more consumer inquiries.

Want the Full Picture?

See Colony Bank's complete profile including pricing, services, BBB rating, and user reviews on CreditDoc.