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<P style="font-size: 14pt" align="center"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
<FONT
style="font-size: 12pt">Washington, D.C. 20549 </FONT></B>

<P style="font-size: 18pt" align="center"><B>FORM 8-K</B>

<P style="font-size: 12pt" align="center"><B>CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934</B>

<P style="font-size: 10pt" align="center"><B>Date of Report (Date of earliest event reported): March 16, 2009</B>

<P align="center">&nbsp;

<P style="font-size: 24pt" align="center"><B>Corus Bankshares, Inc.<BR>
</B><FONT style="font-size: 10pt">(Exact name
of registrant as specified in its charter) </FONT>
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  <TD style="border-bottom: #000000 1px solid"><B>Minnesota</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>0-06136</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>41-0823592</B></TD>
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 <TR valign="top">
  <TD>(State or other Jurisdiction of Incorporation)</TD>
  <TD>&nbsp;</TD>
  <TD>(Commission File Number)</TD>
  <TD>&nbsp;</TD>
  <TD>(IRS Employer Identification No.)</TD>
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  <TD style="border-bottom: #000000 1px solid"><B>3959 N. Lincoln Ave.<BR>
Chicago, Illinois <BR>
</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>60613</B></TD>
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  <TD>(Address of Principal Executive Offices)</TD>
  <TD>&nbsp;</TD>
  <TD>(Zip Code)</TD>
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<P style="font-size: 10pt" align="center">Registrant&#8217;s telephone number, including area code: <B>(773)
832-3088</B>
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  <TD nowrap>(Former name or former address if changed since last report.)</TD>
 </TR>

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<P style="font-size: 10pt" align="left">Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

<P style="font-size: 10pt" align="left"><FONT face="Wingdings">o</FONT> Written communications pursuant to Rule 425
under the Securities Act (17 CFR 230.425)<BR>
<BR>
<FONT face="Wingdings">o</FONT> Soliciting material pursuant to Rule
14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR>
<BR>
<FONT face="Wingdings">o</FONT> Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))<BR>


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<P style="font-size: 10pt" align="left"><B>ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers</B>

<P style="font-size: 10pt; text-indent: 4%" align="left">As previously disclosed in the Company&#8217;s Notification of
Late Filing filed with the SEC on March&nbsp;17, 2009, the Company&#8217;s Chief Financial Officer, Michael Dulberg,
has, at his request, taken a personal leave of absence effective March&nbsp;16, 2009. Mr.&nbsp;Dulberg&#8217;s decision
is not in connection with any known disagreement with the Company or its independent registered public accounting firm
on any matter relating to the Company&#8217;s operations, policies or practices.

<P style="font-size: 10pt; text-indent: 4%" align="left">On March&nbsp;19, 2009, the Company appointed Paula Manley as
its Chief Accounting Officer. Prior to joining Corus,
Ms.&nbsp;Manley, age 55, had worked as a consultant
with the Johnsson Group, Inc., a consulting firm focused on finance and business operations improvement, since
October&nbsp;2007, and also from June&nbsp;2006 through September&nbsp;2006. Ms.&nbsp;Manley was the Chief Financial
Officer of Newark, an electronics distributor and a subsidiary of Premier Farnell plc, from October 2006 through
October&nbsp;2007. Ms.&nbsp;Manley was a private investor from August&nbsp;2005 through May&nbsp;2006, and
Ms.&nbsp;Manley was the Chief Financial Officer of Enesco Group, Inc., a giftware distributor, from January&nbsp;2005
through July&nbsp;2005. Before that, Ms.&nbsp;Manley was the Chief Financial Officer of Follett Education Group, an
outsource provider for college bookstores, for five years. Ms.&nbsp;Manley&#8217;s annual salary is $200,000. There are
no family relationships among Ms. Manley and any directors or other executive officers of the Company. There are no
&#8220;related party&#8221; transactions between Ms.&nbsp;Manley and the Company as described in Item 404(a) of
Regulation&nbsp;SK.

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<P style="font-size: 10pt" align="center"><B>SIGNATURE</B>

<P style="font-size: 10pt" align="left">Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

<P style="font-size: 10pt; margin-left: 50%" align="left">CORUS BANKSHARES, INC. <BR>
(Registrant)

<P style="font-size: 10pt; margin-left: 50%"
align="left"><U>/s/ Richard J. Koretz&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</U>
<BR>
Richard J. Koretz <BR>
Executive Vice President and <BR>
Chief Operating Officer <BR>
(Duly Authorized Officer)

<P style="font-size: 10pt" align="left">Date: March&nbsp;20, 2009

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<P style="display: none; font-size: 10pt" align="center">3
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{"company-data": {"conformed-name": "CORUS BANKSHARES INC", "cik": "0000051939", "assigned-sic": "6021", "irs-number": "410823592", "state-of-incorporation": "MN", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-06136", "film-number": "09696941"}, "business-address": {"street1": "3959 N LINCOLN AVE", "street2": "LINCOLN NATIONAL BANK BLDG", "city": "CHICAGO", "state": "IL", "zip": "60613", "phone": "3125497100"}, "mail-address": {"street1": "3959 N LINCOLN AVE", "city": "CHICAGO", "state": "IL", "zip": "60613"}, "former-company": [{"former-conformed-name": "RIVER FOREST BANCORP INC", "date-changed": "19920703"}, {"former-conformed-name": "INVESTMENT CORP OF AMERICA INC", "date-changed": "19820422"}]}
8-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported): March 16, 2009
Corus Bankshares, Inc.
(Exact name
of registrant as specified in its charter)
Minnesota
0-06136
41-0823592
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
3959 N. Lincoln Ave.
Chicago, Illinois
60613
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including area code:
(773)
832-3088
(Former name or former address if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o
Written communications pursuant to Rule 425
under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule
14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
As previously disclosed in the Company's Notification of
Late Filing filed with the SEC on March 17, 2009, the Company's Chief Financial Officer, Michael Dulberg,
has, at his request, taken a personal leave of absence effective March 16, 2009. Mr. Dulberg's decision
is not in connection with any known disagreement with the Company or its independent registered public accounting firm
on any matter relating to the Company's operations, policies or practices.
On March 19, 2009, the Company appointed Paula Manley as
its Chief Accounting Officer. Prior to joining Corus,
Ms. Manley, age 55, had worked as a consultant
with the Johnsson Group, Inc., a consulting firm focused on finance and business operations improvement, since
October 2007, and also from June 2006 through September 2006. Ms. Manley was the Chief Financial
Officer of Newark, an electronics distributor and a subsidiary of Premier Farnell plc, from October 2006 through
October 2007. Ms. Manley was a private investor from August 2005 through May 2006, and
Ms. Manley was the Chief Financial Officer of Enesco Group, Inc., a giftware distributor, from January 2005
through July 2005. Before that, Ms. Manley was the Chief Financial Officer of Follett Education Group, an
outsource provider for college bookstores, for five years. Ms. Manley's annual salary is $200,000. There are
no family relationships among Ms. Manley and any directors or other executive officers of the Company. There are no
"related party" transactions between Ms. Manley and the Company as described in Item 404(a) of
Regulation SK.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
CORUS BANKSHARES, INC.
(Registrant)
/s/ Richard J. Koretz
Richard J. Koretz
Executive Vice President and
Chief Operating Officer
(Duly Authorized Officer)
Date: March 20, 2009