Corus Bank, headquartered in Chicago, was a subsidiary of Corus Bankshares (formerly NASDAQ: CORS), offering consumer and commercial banking products, primarily involving deposits and loans. These products included checking, savings, cds, money market accounts as well as mortgage and commercial loans. The company had a portfolio of commercial real estate loans focused geographically in California and Florida, Las Vegas, Atlanta, Washington, DC and New York City. The bank operates 11 retail branches in the Chicago area. Corus Bank failed during the subprime mortgage crisis, and it was sold to MB Financial Bank with the help of the Federal Deposit Insurance Corporation (FDIC) in 2009.
Today, MB Financial, another Chicago based bank, continues on Corus Bank's tradition of serving the Chicagoland community. Former Corus customers can find certificates of deposit, savings accounts, and more at MB Financial. The bank is also a mortgage lender and offers home equity loans.
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