CORUS BANK, N.A. Failed 2009
What happened
CORUS BANK, N.A. of CHICAGO, IL was closed on 2009-09-11. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to MB FINANCIAL, N.A. (CHICAGO, IL). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3683
- FDIC Certificate
- 13693
- FDIC FIN
- 10117
- Bank name
- CORUS BANK, N.A.
- Location
- CHICAGO, IL
- Failure date
- 2009-09-11
- FDIC resolution date
- 2009-09-11
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $7,061M
- Assets at failure
- $7,003M
- Acquiring bank
- MB FINANCIAL, N.A. (CHICAGO, IL)
Other banks MB FINANCIAL, N.A. acquired in FDIC resolutions