Members of the U.S. Office of the Comptroller of the Currency arrived in River Forest on Friday night to close Corus Bank, 7727 Lake, and to appoint the Federal Deposit Insurance Corporation as receiver.
When the branch reopened at 9 a.m. Saturday morning, it was as MB Financial, the Chicago bank that acquired $2 billion in Corus deposits in a transaction Friday that the FDIC helped arrange.
The FDIC is retaining Corus’s commercial real estate loans, and loans and real estate related to Corus’s construction lending.
If you have questions about the transaction, call the FDIC toll-free at 1-800-823-5017. You can also check this page on the FDIC’s Web site: www.fdic.gov/bank/individual/failed/corus.html.
Corus Bank had been the River Forest State Bank and Trust Co.