Corus, Minn. bank busts bring failures to 91

Marketwatch, Sept. 11, 2009

Corus, Minn. bank busts bring '09 failures to 91

By John Letzing

SAN FRANCISCO (MarketWatch) -- Regulators closed Chicago-based Corus Bank N.A. /quotes/comstock/15*!cors/quotes/nls/cors (CORS 0.26, -0.07, -21.26%) and Woodbury, Minn.-based Brickwell Community Bank on Friday, bringing the number of U.S. bank failures this year to 91. Corus had $7 billion in assets and $7 billion in deposits as of June 30, the Federal Deposit Insurance Corp. said in a statement. Corus' deposits have been assumed by MB Financial Bank /quotes/comstock/15*!mbfi/quotes/nls/mbfi (MBFI 17.03, +0.52, +3.15%) , the FDIC said. Brickwell Community Bank had $63 million in deposits as of July 24, the regulator said.