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Mobile Payment Options You Should Know About

Wednesday, February 11, 2015

Mobile Payment InformationIf there’s one thing that gets easier each year, it’s spending money. There’s always something new and exciting to purchase, and for the first time, multiple ways to pay. Between Apply Pay, Google Wallet and other mobile payment systems, you can make secure, convenient payments from your store-bought electronic appendage: your mobile phone. 

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5 Digital Banking Myths - Debunked!

Friday, February 06, 2015

Digital Banking MythsIt’s hard to ignore the convenience of digital banking, especially when it comes to paying bills with a few simple clicks or getting an update of your real-time balance within seconds. Although digital banking provides an enhanced user experience, there are still many myths that persist. According to research from Digital Insight, there are five myths that are believed by many. It’s time to get the facts straight! 

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Ways to Improve Your Credit Score in 2015

Tuesday, January 20, 2015

Improve Your Credit ScoreWe're well on our way into 2015 and you may be finding out that you have some room for improvement is with your credit score. Good credit is essential, especially if you’re faced with an unexpected emergency or expense because your credit history is a major factor when obtaining a loan. Unless you have “money in the bank” and can pay for it with cash, chances are at some point in your life you’ll need a loan - and good credit makes the process a lot easier (and chances are, less expensive too).  

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FRIDAY is Battle of the Middle X - Announcing Some Great Raffle Prizes

Monday, December 01, 2014

Battle of the Middles XThe big event is just around the corner... This FRIDAY*, December 5th is the day for Battle of the Middles X. If you're not familiar with this great event, be sure to check out this blog post and learn about the game, how it's benefiting the community and how YOU can offer your support for those in need this holiday season. When you come to the game (which Lotus Bank is proud to sponsor, by the way), bring some extra money for raffle tickets and you can enter to win some amazing prizes. 

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Some Helpful Money Saving Tips for the Holidays

Wednesday, November 26, 2014

Holiday PresentNow that the holidays are here, you’re probably envisioning your bank account dropping and your credit card balances rising. There are extra costs associated with the holidays, but it doesn’t have to be the stressful, money-draining season that everyone thinks it is. With smart planning and creative gift giving, you don’t have to go into debt each holiday season - and feel guilty when the New Year rolls around. Feel good about the holiday season by practicing our helpful money-saving tips.  

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Message From the President: Questions About the Level One Bank/Lotus Bank Announcement

Friday, November 21, 2014

Level One Bank and Lotus BankLotus Bank has entered into a definitive agreement with Level One Bank under which Lotus will merge into Level One. The Boards of Directors of both financial institutions have unanimously approved the purchase, but final approval must be obtained from the shareholders of Lotus, the Federal Reserve Bank of Chicago, the Michigan Department of Insurance and Financial Services and the FDIC. We anticipate final approval in early 2015. 

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FREE MOVIES During HOLLY DAY in Downtown Farmington

Thursday, November 20, 2014

That's right, you can enjoy FREE MOVIES with a donation of new books, new toys, and/or canned/boxed foods for the 2014 Farmington Area Goodfellows Holiday Assistance Program. 

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Dinner Out and Supporting a Great Cause - Join Us Monday, November 24th.

Wednesday, November 19, 2014

Battle of the Middles Buffalo Wild Wings EventYou've hopefully already read about Lotus Bank's support of the upcoming Battle of the Middles X, a charity basketball game to support a great local cause. We're helping to raise money for Neighborhood House of Farmington/Farmington Hills, and help to make sure that we make this year's holidays a bit brighter for those in need.  

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Lotus Bank Excited to Sponsor Battle of the Middles X

Wednesday, November 05, 2014

Lotus Bank is not your ordinary bank. We are committed to the communities we serve, and we take every opportunity to be proactive participants in initiatives that provide hope and financial opportunity to our customers. To achieve our vision, we support our community through various partnerships and outreach programs. One event that we are excited to be sponsoring again this year is Battle of the Middles X coming up December 5 at 6:30 pm (North Farmington High School). 

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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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