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What We Can Learn from the Home Depot Data Breach

Tuesday, October 28, 2014

Credit Card Data BreachThis past month Home Depot confirmed in a press release that a data breach had put 56 million payment cards at risk, more than Target’s massive breach that occurred last year. Home Depot reported that the criminals used a unique type of malware that was present during the months of April thru September. The malware was eliminated from the system in September, but the damage had already been done. 

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Data Breach: It’s time for changes to protect American consumers

Wednesday, October 01, 2014

These days, hardly a week goes by when we don’t hear about a major retailer reporting a data breach. The most recent, Jimmy John’s sandwich restaurant, affected 18 Michigan locations between June and September 2014. The restaurant reported that customer credit and debit card information was stolen. 

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Congratulations to our Detroit Tigers Gift Basket Winner!

Friday, September 12, 2014


Jeff Mangold of Southfield and his grandson Hudson, were the winners of the Lotus Bank Facebook Tigers Basket promotion. As you can see, both are serious Tiger Fans and Fans of Lotus Bank. They are looking forward to watching tonight’s game enjoying the basket of Detroit Tigers goodies. Congratulations guys! 

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There's Been A Change in The Detroit Tigers Facebook Basket Giveaway

Friday, August 29, 2014

Dear Facebook Fans of Lotus Bank,

First off, we’d like to thank everyone that has “liked” our Facebook page and participated in our Detroit Tigers promotion by letting us know who your favorite Tiger is. We have really enjoyed seeing the responses and there certainly are some great players out there that you all know and love! 

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Lotus Bank Names Gerald Wasen Chief Lending Officer

Wednesday, August 27, 2014

Gerald WasenLotus Bank is proud to announce the appointment of Gerald Wasen as the bank's Chief Lending Officer and will be overseeing the bank's personal as well as business and commercial lending activities. “His decades of leadership and banking expertise will enable us to continue providing outstanding service to our customers,” said Neal Searle, Lotus president and CEO. 

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You Have Until September 2nd to Win Detroit Tigers Tickets on Our Facebook Page

Thursday, August 07, 2014

That's right... Lotus Bank is giving away this awesome Tigers Gift Basket over on our Facebook Page and we want to make sure that you're entered to win. The basket includes four (4) tickets - right behind first base - and a ton of other great Tigers stuff (plus a gas and gift card). 

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Committed to the Financial Literacy of our Children

Monday, August 04, 2014

Making sure our children understand important aspects of banking and money management is a skill we don’t think can be taught too early in school. That’s why here at Lotus Bank we’re excited to be participating again at Village Oaks and Parkview elementary schools’ “meet and greet” orientation on August 27th. 

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Lotus Bank Supports Main Street League

Thursday, June 05, 2014

Community involvement is one of the cornerstones on which Lotus Bank has built its business. We routinely donate to local charities and our employees gladly volunteer their time to help with local causes. Recently, Lotus Bank showed its support for another community focused organization.  

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Sustainability and its Importance to Community Banking

Thursday, May 01, 2014

The word “sustainability” can be linked to a lot of our local activities these days—whether it’s reusing or recycling products that otherwise might be tossed out, shopping locally at our farmers markets and area small businesses right here in Oakland County, or making a commitment to buy American-made products. Needless to say, there are a lot of ways to go local and build a more sustainable world.  

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Proud to Support the 2014 ACC Golf Outing and Scholarship Awards Dinner

Friday, April 25, 2014

Lotus Bank is proud to be supporting the Arab American and Chaldean Council (ACC) 12th Annual Golf Outing and Scholarship Awards Dinner coming up on Tuesday, June 3 at Shenandoah Country Club in West Bloomfield. Money raised from the golf outing provides scholarships to Detroit area high school seniors of Arab American and Chaldean descent to help them offset the costs of college tuition. Lotus Bank is a $1,000 Scholarship Sponsor and our President Neal Searle is serving as one of the Honorary Chairs for the event (check out the press release for more information). 

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