bank rates

Corus Bank 5.72% APY 12-Month CD

Corus Bank, a highly reputable and stable bank, is offering 5.72% APY on their 12-month CD accounts. The minimum deposit is $10,000.

Corus Bank was incorporated in 1958 in the state of Minnesota. Corus Bank currently has a base and headquarters in Illinois and the bank is a subsidiary of Corus Bank N.A. Since 2007, Corus Bank has nearly 10 billion dollars in assets and the Corus Bankshares has stock that is traded on NASDAQ. The stock market ticker symbol for Corus Bank is CORS.

Corus Bank has two focuses: deposit collection and handling and commercial lending opportunities. Currently, the Corus Bank has eleven operating branches, all located in Chicago. Corus Bank supplies loans for redevelopment and construction of commercial ventures, customized loans to meet the needs of clients, loans for condominium construction, loans for condominium conversions, and more. Meanwhile, the retail banking options offered by Corus Bank include checking accounts, money market accounts, saving accounts, certificates of deposit, and retirement accounts.

Corus Bank currently offers eight different types of retail checking, certificates of deposit with a minimum balance of 10,000 dollars, and Internet banking which allows consumers to perform banking transactions at their convenience. Customers using the Internet banking options offered by Corus Bank can transfer funds from one account to another and can utilize automatic bill pay options.

Corus bank offers identity protection and customers can take advantage of the other services offered by Corus Bank like Corus Check Cards, Direct deposit options, safety deposit boxes, and tellerphone services. The Tellerphone services allow customers to active ATM cards via phone, to cancel debit cards, to review account information, to place stop payment orders and more.

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Comments (18)
1 Star2 Stars3 Stars4 Stars5 Stars (6 votes, average: 3.17 out of 5)
18 Existing Comments
  1. Kari Marx said:
    on October 12th at 10:42 pm

    Looking for a money market account and would like to know you rates of return

  2. Karen said:
    on April 3rd at 06:24 pm

    I would like to know where there is a Corus Bank in the Northwest suburbs of Chicago. I want to transfer a Retirement Certificate of Deposit.

    Thank you for your prompt response. I need to do it before April 6, 2007.

  3. don said:
    on April 21st at 04:48 pm

    I live in ft lauderdale, fl – do you have a branch near here? I have a $50k cd I need to roll over next week. What will your rates be next week?

  4. loew, martin said:
    on May 7th at 11:44 pm

    any banks on west coast?.

  5. loew, martin said:
    on May 7th at 11:45 pm

    how would i buy a CD from your bank

  6. Antoinette Macchia said:
    on July 28th at 12:37 am

    I have a cd due 7-29-07 with your bank would be interested in a 1 year cd at the rate posted 5.72% would add $50,000 more to the original amount.

  7. said:
    on July 29th at 01:53 am

    We are not a bank, please contact Corus Bank to renegotiate your Certificate of Deposit account.

  8. Larry D French said:
    on September 1st at 11:27 am

    MAY I please hvAe a BANK phone number to discuss CD’s with a live staff?

  9. TRAM NGUYEN said:
    on September 12th at 10:52 pm

    Hi ,
    How do I buy this CD online? Is it insured by FDIC? thank you. Tram

  10. Edward J. Haas said:
    on May 21st at 01:13 pm

    Need a phone number to discuss CD rates and procedures on how to process a request.

  11. Grady Wilson said:
    on August 4th at 05:17 pm

    Corus Bank is not stable. It did not pay out dividends last quarter and has a lot of real estate holdings in South Florida, which are doomed.

  12. arthur miller said:
    on September 8th at 04:39 pm

    WE are getting out of our annuitys, we were told that we would be getting 6% interst but instead they are taking the 6% from our investment. We have $200,000 to invest in cds are your cds governent gurantteed? and what is best int. for one year? please call me at 847 541 8750 I am not happy what Grady Wilson wrote whats thus akk about? thanks Arthur Miller

  13. arthur miller said:
    on September 8th at 04:40 pm

    sorry ,,, correction,, whats this all about

  14. kate coleman said:
    on September 30th at 02:45 pm

    Please provide arthur miller’s email or mine to him. What does he have in data to back up his comments regarding Corus being unstable. I am invested in Corus. Kate Coleman

  15. John Defig said:
    on October 10th at 10:15 pm

    Please let me know: How do I buy this CD on line?
    Is it insured by FDIC?

  16. jennifer blake said:
    on October 19th at 09:08 pm

    please send me your FDIC number
    thank you

  17. Joe D. said:
    on July 24th at 10:30 am

    To whom it may concern,

    I had (4) CD’s totaling approx 80k sent back to me stating that MB Financial saying that wanted to cancel my CD’s because I was getting to much interest and that they wanted to service the surrounding area instead of out of Stater’s. I think it was rotten because I agreed to a fixed term. Had I canceled it would have been a Penalty for me But thay canceled me. They did not want the liabily of paying approx 5% interest which was in the contract. I think its a lousy way of doing bussiness.

    Joe D.

  18. said:
    on January 7th at 10:37 am

    The minimum deposit is $10,000.That-s a BIG tone of money…