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  ==>  " Corus Bank Best CD Rates with FDIC "   <==
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A survey of current CD rates and terms at Corus Bank. You can often get higher than advertised rates at your local branch if you do your homework. Print out our "Highest CD Rate Survey" and bring it in with you. Print out some of the advertisement of rates advertised on your bank's competing web sites so you have proof.

Bottom line: It never hurts to ask the teller if better rates are available when you do your homework! 
==>  " Corus Bank Certificate of Deposit Accounts as of 5/23/09  <==
Term Minimum Deposit Rate APY
6 month $10,000.00 2.18% 2.20%
12 month $10,000.00 2.68% 2.71%
6 month $100,000.00 2.18% 2.20%
12 month $100,000.00 2.68% 2.71%

Make sure you read the article: Beware of Annuities

Corus Bankshares, Inc. was incorporated in Minnesota in 1958 and is headquartered in Chicago, Illinois. Corus provides consumer and corporate banking products and services through its wholly-owned banking subsidiary, Corus Bank, N.A. As of December 31, 2008, Corus Bankshares had $8.4 billion in total assets. Corus Bankshares' stock is traded on the NASDAQ Global Select Market tier of the NASDAQ Stock Market under the symbol "CORS".

Corus Bank, N.A., focuses on two main business activities - commercial real estate lending and deposit gathering. Corus Bank, N.A., is an active lender nationwide, specializing in condominium construction, conversion, and inventory loans. Corus also provides financing for hotel, office, and apartment projects. With respect to deposit gathering, Corus has eleven banking branches in the Chicago area, which offer a wide range of deposit products to customers.

Contact Info
Calumet City - Burnham
925 Burnham Avenue
Calumet City, Illinois 60409
(708) 862-1000
Calumet City - Torrence
Teller Operations only
530 Torrence Avenue
Calumet City, Illinois 60409
(708) 862-1000

Chicago - Downtown
10 South Riverside Plaza
Chicago, Illinois 60606
(312) 454-1200
Chicago - Lakeview
3179 North Clark Street
Chicago, Illinois 60657
(773) 880-7900

Chicago - Lincoln Park
2401 N. Halsted Street
Chicago, Illinois 60614
(773) 935-6000
Chicago - Lincoln Square
4800 North Western
Chicago, Illinois 60625
(773) 989-5100
Chicago - North Center
Corporate Office
3959 North Lincoln Avenue
Chicago, Illinois 60613
(773) 549-7100

Chicago - Wrigleyville
3604 North Southport Street
Chicago, Illinois 60613
(773) 832-5100
9190 West Golf Road
Niles, Illinois 60714
(847) 299-2900
River Forest
7727 West Lake Street
River Forest, Illinois 60305
(708) 771-2500
125 McHenry Road
Wheeling, Illinois 60090
(847) 459-4000

Rates and terms may change so read the fine print and make sure you get FDIC insurance!!!! 

It costs money to get new accounts so Banks often give you a deal if you are ready to walk out the door with a chashier's check after you close your CD.  

*APY = Annual Percentage Yield

A Certificate of Deposit or CD is certificate from a bank stating that the named party has a specified sum on deposit, usually for a given period of time at a fixed rate of interest.  Often there is a penalty for early withdrawal (taking your money out before the specified period of time.)

Definition:  A Liquid Certificate of Deposit gives you a CD rate that is usually better than most checking accounts while allowing more fluid access to your money.  That is you can take money out of the CD before it matures.  They usually pay higher rates than the offering bank's money market account but not the top rates of CDs held to the full term.  They are sort of "half and half" and thus offer rates that are inbetween the two.

Rates and terms may change at any time.  Contact the  bank for their current rates.

ArticleHow to Get the Best CD Rates


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