Lotus Bank Recognized with 5-Stars from BauerFinancial, Inc.You Are Here: Lotus Bank Recognized with 5-Stars from BauerFinancial, Inc.
Lotus Bank, Novi, Michigan is proud to be recognized as a superior 5-Star rated bank by BAUERFINANCIAL, Inc., Coral Gables, Florida, the nation’s leading bank rating and research firm. To earn this rating Lotus Bank must not only report impressive capital levels, but also an enviable loan portfolio with negligible levels of delinquent loans.
That’s a combination that has been hard to come by the past couple of years. Yet, Lotus Bank has managed to do it. With that, BAUERFINANCIAL bestows its highest 5-Star Superior rating on Lotus Bank denoting the highest level of strength and performance that a bank can receive.
“Not only has Lotus Bank proven its efficacy yesterday and today, it is also primed for whatever tomorrow may bring,” observes Karen L. Dorway, president of BAUERFINANCIAL. “The past three years have put a considerable amount of pressure on our nation’s banks and we are pleased to see community banks, like Lotus Bank, still able to shine.”
Lotus Bank was established in 2007 and has been effectively meeting the needs of its local communities for over 5 years. It currently operates through conveniently located offices on West 12 Mile Road in Novi, and has opened a new office in Farmington Hills at Grand River and Halstead Rd. in February 2013. Lotus Bank can also be found online at www.lotusbank.com Lotus Bank: “Banking Redefined®.”
BAUERFINANCIAL, Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution pays BauerFinancial to rate it, nor can any choose to be excluded. Consumers may obtain star-ratings by visiting www.bauerfinancial.com.