Lotus Bank announces hiring of two employees
April 4, 2008

Lotus Bank, Novi, Michigan this week announced the addition of the following individuals to its banking team:

Chris Lucander, Executive Vice President and Chief Lending Officer. He is responsible for the development and monitoring of the bank’s loan portfolio, and managing the bank’s loan officers. Mr. Lucander was previously First Vice President and Senior Banker at JPMorgan Chase for over 20 years. A Michigan native, Mr. Lucander received an MBA from the University of Michigan, and a BS from Tufts University.

Mary Dunn, Assistant Vice President of Commercial Lending. She is responsible for developing loan relationships, underwriting and closing loans, along with managing and monitoring portfolios. Ms. Dunn was most recently Assistant Vice President of Commercial Lending with First of America, Plymouth, Michigan. A Michigan native, Ms. Dunn received a BBA in Finance from the University of Michigan-Dearborn. She currently resides in Livonia with her husband Jim and 3 children.

Lotus Bank is a community bank based in Novi, Michigan offering a full array of banking services to individuals, professionals, families and small businesses in the northwestern Detroit suburbs.

Lotus Bank is located at 44350 Twelve Mile Road, Novi, Michigan, 48377. Lotus Bank can be reached at (248) 735-1000, or on the web at www.lotusbank.net.