Lotus Bank - Michigan Bank
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Lotus Bank
45650 Grand River Avenue
Novi, Michigan 48374
Bank Web Address: http://www.lotusbank.net:80/
Active: Yes
FDIC Certificate #: 58340
Lotus Bank Established Date: 2/28/2007
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Secondary Insurance Fund:
Structural event relating to an institution: New Institution
Bank Charter Class: NM - commercial bank, state charter and Fed nonmember, supervised by the FDIC.
Information about Lotus Bank as of 9/6/2007 (MI Bank):
- Oakland, Michigan
- Lotus Bank is NOT being operated in government conservatorship.
- Includes commercial banks insured by the FDIC. These institutions are regulated by one of the three Federal commercial bank regulators (FDIC, Federal Reserve Board, or Office of the Comptroller of the Currency). They submit financial reports to the Federal Reserve (state member banks) or the FDIC (state non-member banks and national banks).
- Includes institutions insured by the FDIC.
- Lotus Bank is state chartered.
- Regulator: FDIC
- Bank Holding Company Type: Detroit
- Metropolitan Statistical Area (MSA): Detroit, MI
- FDIC Supervisory Region: Chicago
- Office of Thrift Supervision Region: Central
- Federal Reserve District: Chicago
- Regulatory holding company state location: MI
- Bank Holding Company (Regulatory Top Holder): Lotus Bancorp, Inc.
*Data by FDIC
