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  September 5, 2001
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Home > Company Index > Banking > Banking - Midwest > Corus Bankshares, Inc.

Corus Bankshares, Inc.
Nasdaq: CORS
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 PROFILE
Corus Bankshares is the parent of Corus Bank, which operates about a dozen branches in the Chicago metropolitan area. The bank offers such deposit products as checking and savings accounts, as well as NOW and money market accounts. Commercial real estate loans, its primary emphasis, make up more than 75% of its loan portfolio; the bank also writes residential mortgages and business and consumer loans. Corus Bank also provides trust services, retirement products, and insurance sales. The bank has settled claims over irregularities in its student loan program and has sold the majority of its student loans. Chairman Joseph Glickman and his family together own nearly half of the company.

 COMPETITION
Citigroup Inc. (C)
Citizens Banking Corporation (CBCF)
First Midwest Bancorp, Inc. (FMBI)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 270.90
1-Yr. Sales Growth: 25.7%
Employees: 579
Revenue per employee: $467,875.65

 KEY PEOPLE
• Robert J. Glickman
    CEO
• Timothy H. Taylor
    CFO

 CONTACT INFO
3959 N. Lincoln Ave.
Chicago, IL 60613
US
Phone: 773-549-7100
Fax: 773-832-3267
Online: Web Site

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