1 EXHIBIT 8.1 Mr. Flake Oakley Chief Financial Officer Colonial Bancgroup, Inc. P.O. Box 1109 Montgomery, AL 36101 Dear Mr. Oakley: For valid business reasons, First Central Bank (Acquired Bank) and The Colonial Bancgroup, Inc. (Bancgroup) have...Agreement and Plan of Merger • October 31st, 1997 • Colonial Bancgroup Inc • State commercial banks
