Lotus Bank Names Kenneth Alleman Senior Credit Administration Analyst

Online, July 1, 2014 (Newswire.com) - Alleman has more than 25 years of experience in banking and finance, with a background in auditing, tax analysis, cash flow analysis, documentation, financial statement analysis, sampling and fraud prevention.

“We are pleased to announce Ken’s appointment,” said Neal Searle, president and CEO of Lotus Bank. “His decades of experience will allow Lotus Bank to continue to serve the community and grow as one of the premier commercial banks in the region.” 

Senior Vice President and Chief Lending Officer of Lotus Bank, John Westerheide added, “Ken’s addition to our team will further enhance our ability to provide outstanding customer service.”

Located at 44350 W. 12 Mile Rd. in Novi, Lotus Bank was established in 2007 to serve the business and personal finance needs of Southeast Michigan, with a special focus within the Indian community. It has been recognized by the American Bankers Association as one of the top 100 banks and thrifts in the country, and is one of the most well capitalized banks in Michigan, with approximately $102 million in total assets.

For the third consecutive year, Lotus Bank has been awarded a 5 Star Rating from Bauer Financial, an independent rating service for financial institution safety and soundness. 

Lotus Bank customers can manage their accounts anywhere, anytime, with online tools.  Customers can make transactions, payments, transfer funds and more at http://www.lotusbank.com 

Prior to joining Lotus Bank, Alleman served as an administration manager, auditor and analyst at prominent regional and national financial institutions. Alleman is a resident of New Hudson, Michigan.