TellerScore

Bank failure · IL

Corus Bank, N.A. (Chicago, IL) — failed September 11, 2009

Corus Bank, N.A. of Chicago, Illinois was closed on September 11, 2009 and resolved through a purchase and assumption. Mb Financial, N.A. (IL) took over its insured deposits. At failure it held $7.0B in assets and $7.1B in deposits.

Closing date
September 11, 2009
FDIC certificate #
13693
Resolution
Purchase and assumption (failure)
Acquiring institution
Mb Financial, N.A.
Insurance fund
DIF
Pre-failure filings
Last reported financials

Other failures in 2009

What happens when a bank fails