It’s with great pride that I share with you that Lotus Bank has risen from 698th to 14th in the Nation for community banks under $100 million in assets. It’s been a wonderful journey over the past several years, watching the Bank blossom from a small and well-run company into the more mature, strong, stable “adult” that we are today.
How Did We Get Here?
Hard work and great customers – it’s as simple as that. We’re recognized by Bauer Financial with a 5-Star rating (their highest), negligible problem assets and solid earnings all are key components to our success. A cohesive Board of Directors that has worked tirelessly to promote and support improvement throughout the Bank. We’ve got the best employees any CEO could hope for and our customers are not shy about promoting the Bank with their friends and colleagues. These are just some of the reasons why I believe we made such significant improvement in a 12 month period.
And we aren’t satisfied with 14th! We have launched the next phase of Lotus Bank with our 1st branch in 2013. While it may set us back a pace as we build the business and achieve profitability in that location, it’s an important investment that we needed to make. And we will continue to expand in a strategic and deliberate manner in the coming years. More people need to know that Lotus Bank is Banking Redefinedtm
Please read the article below and pass along to those you think might like to hear more about Lotus Bank.
Neal Searle, President & CEO