Distinguished Alumnus: Guy D. Colado ’66

Oct 19, 2020

by FSC Staff
Originally appeared in Southern News Magazine

A native of Winter Park, Guy D. Colado ’66 has had a long and distinguished career as an executive in the banking industry, and he has served his community and his nation with honor.

As a student, he was the recipient of the Florida Bankers Scholarship and president of Kappa Alpha Order. Upon graduation with a degree in business administration, Mr. Colado was commissioned as an officer in the U.S. Army. He served with the 173rd Airborne Brigade in Vietnam, earning the Combat Infantry Badge. He went on to serve in the U.S. Army Reserves for 28 years, retiring at the rank of colonel.

Mr. Colado earned his MBA degree from Rollins College in 1971 and began pursuing his passion for community banking with First National Bank of Orlando, now SunTrust. In 1986, he and other investors started National Bank of Commerce, which later was acquired by Wachovia. In 2003, with his son, Ray, and FSC classmate Jim France ’68, Mr. Colado organized Commerce National Bank & Trust, serving as the organizing president, CEO, and chairman of the board. He remains Chairman and CEO of Commerce National Bankshares of Florida, Inc., and serves as a member of the bank’s board of directors. The Orlando Business Journal describes him as “one of central Florida’s best-known bankers.”

Mr. Colado has shared his experience and expertise with a wide range of professional, civic, and charitable organizations. Among his many activities, he has been Chairman of the Board of Community Bankers of Florida, a member of the Board of Directors of the Edyth Bush Charitable Foundation, Treasurer of the Episcopal Diocese of Central Florida, and a member of the Winter Park Planning and Zoning Commission.

He and his wife, Donna, have a son, Ray, a daughter, Jeannette, and seven grandchildren.