Lotus Bank Names Chief Lending Officer


NOVI — Lotus Bank, a state-chartered commercial bank based in Novi, has named Gerald (Jerry) Wasen its chief lending officer. 

Prior to joining Lotus Bank, Wasen served as president and CEO of a northern Michigan community bank. He also served as an executive managing director and as an executive vice president of two metro Detroit-area banks.

Wasen is a longtime Farmington area resident with a history of civic involvement, including membership and leadership roles with the Farmington Downtown Development Authority, the Farmington-Farmington Hills Optimist Club, and the City of Farmington Employees Retirement Board.