Corus Bank - Bank Reviews & Ratings

Corus Bank is Chicago, Illinois based bank which offers a whole range of commercial products in the USA. Corus Bank is a wholly owned subsidiary of Corus Bakshares, Inc. which was established in the year 1958 in Minnesota. To provide the people of Minnesota with the unique and diversified commercial real estate lending and deposit products Corus Bank was incorporated. Though its lending business is spread in entire USA, the deposit products are available in the areas near Chicago. Since, the inception, the bank had been a leading name in the commercial lending. It offers lending for Hotel, offices and commercial projects. It some times provides inventory loans too. With a wide range of lending and deposit products it is one of the preferred banks among the individual and small business and commercial customers. It also offers exemplary customer services as well making it one step ahead than its competitors. With the help of the products and services the Corus Bakshares, Inc had $ 7.7 billion in assets. Let us review the bank’s products and method of working.

As the bank lends money for real estate needs, it has formed a four member banking committee. The procedure it follows is very simple. It has got a wide range of lending products tailor made for the specific borrowers. The lending offered for construction, conversion and inventory requirements. It also offers commercial loans secured by office, hotels or commercial apartments. The rates are competitive and charges very nominal fee for the proceeding the loan application. As soon as the loan application is made the loan committee comes in to the action and rakes faster decisions on the same. It offers large amount of loans depending upon the status of the borrower. One member of the loan committee is always involved from the time of the loan application so that the decision is taken at a faster speed. The committee members are highly experienced people in the lending field and are associated with the bank for more than 15 years. These are members are always accessible and are very responsive.

The bank also offers Consumer banking and business banking. Under Consumer banking the bank has six types of deposit accounts for different types of the consumers giving them the option to choose any of the products according to their needs. Under Business banking too it has got different business banking products. For the ease of the consumers these products are available online and are accessible round the clock. All the information regarding documentation and the service charges are also mentioned at the same place.

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Contact Information –

Website - http://www.corusbank.com/

Phone Number : http://www.corusbank.com/

Address : http://www.corusbank.com/

Minimum Balance : http://www.corusbank.com/

Interest : http://www.corusbank.com/

Current Savings Account Rates: http://www.corusbank.com/

Current CD Rates : http://www.corusbank.com/

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Posted on 14th August 2009 by admin in Bank Reviews and Ratings

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