Lotus Bank - Michigan Bank and Online Bank Information
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Lotus Bank
45650 Grand River Avenue
Novi, Michigan 48374
Primary Internet Web Address: http://www.lotusbank.net:80/
FDIC Certificate #: 58340
Active: Yes
Bank Charter Class: NM - commercial bank, state charter and Fed nonmember, supervised by the FDIC.
Structural event relating to an institution: New Institution
Lotus Bank Established Date: 2/28/2007
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Secondary Insurance Fund:
About Lotus Bank as of 9/6/2007 (MI Bank):
- County: Oakland
- 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.
- Bank Holding Company Type: Detroit
- Regulator: FDIC
- Metropolitan Statistical Area (MSA): Detroit, MI
- Office of Thrift Supervision Region: Central
- FDIC Supervisory Region: Chicago
- Federal Reserve District: Chicago
- Bank Holding Company (Regulatory Top Holder): Lotus Bancorp, Inc.
- Regulatory holding company state location: MI
*Data by The Federal Deposit Insurance Corporation (FDIC)