Logo

How can I open a small business account?

Tailored Checking

You can apply online for a business checking account. Head to our Tailored Checking page and select the “Apply Online” button. Then, enter your personal and business information, verify your information, review and agree to disclosures, and fund your account. You will receive confirmation at the end of the application if your account has been approved. If not, you will receive an email notification.

Business High-Yield Savings

Our Business High-Yield Savings is available to small business customers who have an existing Tailored Checking account. To open an account, send us a secure message via online banking or contact Customer Service at 800-242-0272.  

LendingClub Resources

Related Resource Center
Top 4 Reasons to Get a Personal Loan
Want to consolidate high-interest debt, renovate your home, or manage an unexpected expense? A personal loan could help.
Personal Loan
Sep 25, 2023
Top 4 Reasons to Get a Personal Loan
Understanding Average American's Savings by Age
Find out how your savings stack up against other people your age—and what you can do to grow your savings at any stage of life.
Personal Savings
Sep 18, 2023
gethelp couple
6 Simple Ways to Rebuild Your Credit Score
There are several reasons your credit score may have dropped. Here are six solid ways to focus your efforts and start rebuilding your score.
Personal Finance
Sep 12, 2023
building-credit
Make These 6 Money Moves Before Quitting Your Job
Having a money plan in place before you turn in your resignation can make the transition smoother. Learn ways to prepare your finances before you go.
Personal Finance
Sep 4, 2023
Young man relaxing in an orange hammock by a misty lake holding a cup of coffee, looking at laptop on his lap.
What Are the Average Costs of Common Home Repairs?
Home repair costs have increased. Knowing upfront what you can expect to pay for certain types of improvements can help you prepare financially and save you a lot of stress.
Personal Loan
Aug 28, 2023
knowing common home repair costs can help you prepare for the future
Related Impact
Members Earn More Cash Back and Rewards With Stackit
From groceries and diapers to Halloween costumes for pets, nearly 60% of American consumers prefer to shop online for everyday items that make life more convenient, comfortable, and enjoyable. And with rising prices showing no signs of stopping anytime soon, we’re pleased to introduce StackitTM from LendingClub Bank—a new browser extension that automatically finds and rewards eligible members with coupons and cash back for extra savings at more than 15,000 favorite online retailers.
Company News
Nov 13, 2022
blog header stackit 765x430 v1-1
LendingClub Rewards Checking Nationally Certified as Trusted, Affordable
Even in today’s low-yield, high-inflation environment, it’s essential to keep a certain amount of money in an easy-to-access checking or savings account for things like daily household and emergency expenses, or to meet short-term financial goals.
Company News
Oct 2, 2022
LendingClub Rewards Checking Nationally Certified as Trusted, Afforda
LendingClub Surpasses 4 Million Members
Since 2007, LendingClub has been on a mission to deliver a world-class experience to all our members. This month we took a moment to reflect on the more than four million members who have chosen LendingClub as their partner to help them reach their financial goals.
Company News
Apr 19, 2022
Illustration of large number 4 and letter M made up of colorful, tiny illustrations of ethnically diverse people
LendingClub Celebrates One Year as a Digital Marketplace Bank
In March 2022, we hosted our first quarterly webinar where we celebrated our one-year anniversary as a digital marketplace bank. 
Company News
Mar 6, 2022
Blog-post
Changes to Our Business Model
LendingClub completed the acquisition of Radius Bank in February 2021. At that time, in addition to the direct-to-consumer deposit business, we inherited a fintech partner program, and several lending businesses. As we reach the one-year anniversary of the acquisition, and in conjunction with the conclusion of a strategic review of our business operations, we have made the decision to discontinue certain businesses that don’t fit our mission.  
Company News
Jan 2, 2022
Man in blue button up shirt and glasses smiling
Related FAQ's
How do I order checks?
To order checks, reach out to Customer Service via Secure Message within Online and Mobile Banking or by phone.
Small Business FAQ
Dec 31, 1969
How do I get started on Online Banking?
With Online Banking, you can get access to your account 24/7.
Small Business FAQ
Dec 31, 1969
Can I add additional users to my business checking account?
You can add additional users via Online and Mobile Banking.
Small Business FAQ
Dec 31, 1969
How do I fund my business checking account?
You can add additional funds to your account at a later time by signing into Online or Mobile Banking
Small Business FAQ
Dec 31, 1969
What do I need to start a business account application?
This account can only be applied online and takes only 7 minutes. To open an account, you must be 18 or older and a citizen or resident of the United States.
Small Business FAQ
Dec 31, 1969
Related Glossary
Revolving Credit
{noun} A type of credit that allows the borrower to make charges and payments against a set borrowing limit, paying interest only on outstanding balances.
R Letter Term
Sep 6, 2023
Accrued Interest
{noun} The amount of unpaid interest that has accumulated as of a specific date, either on a loan or an interest-bearing account or investment. 
A Letter Term
Mar 21, 2023
Annual Percentage Rate (APR)
{noun} The total annual cost to borrow money, including fees, expressed as a percentage.
A Letter Term
Mar 21, 2023
Charge-Off
A debt that is written off as a loss because the financial institution or creditor believes it is no longer collectible due to a substantial period of nonpayment.
C Letter Term
Feb 7, 2023
Fixed Interest Rate
{noun} An interest rate that remains the same for a set time, usually for the life of the loan.
F Letter Term
Feb 4, 2023

Financial well-being for everyone.

Everything we do is centered around empowering you to meet your personal financial goals by enabling access to a broad range of financial products, services, and educational resources, all designed to help you pay less when borrowing and earn more when saving.

Contact Us

WHAT WE OFFER

Personal LoansPersonal BankingAuto RefinancingPatient SolutionsBusiness LoansBusiness BankingCommercial BankingInstitutional InvestingLC NotesOther Types of LoansApply for a LoanApply for a bank account

RESOURCES

Borrower ResourcesInvestor ResourcesPersonal Loan Rates & FeesCustomer ReviewsResource CenterGlossarySafety & Privacy

LEGAL

Terms of UsePrivacy PolicyData Collection and UseAccessibilitySEC FilingBank Deposit DisclosuresLegal Requests

ABOUT US

CRA Public FileCompanyLeadershipCareersMedia CenterCorporate GovernanceInvestor RelationsContact

ACCOUNT

Sign InLendingClub MobileLendingClub CommercialHelpYour Privacy ChoicesYour Privacy Choices

DEVELOPERS

Powered by the LCTM platform

LC Logo
LC logo

595 Market Street, Suite 200

San Francisco, California 94105

Check Your Rate
If you have special access needs and are having problems accessing this website, please call 888-596-3157.
Equal Housing Lender
accredited-business
verify-sign

Unless otherwise specified, all credit and deposit products are provided by LendingClub Bank, N.A., Member FDIC, Equal Housing Lender (“LendingClub Bank”), a wholly-owned subsidiary of LendingClub Corporation, NMLS ID 167439. Credit products are subject to credit approval and may be subject to sufficient investor commitment. Credit union membership may be required. Deposit accounts are subject to approval. Deposit products are FDIC-insured up to $250,000 per depositor, per ownership category.

"LendingClub" and the "LC" symbol are trademarks of LendingClub Bank.

© 2023 LendingClub Bank. All rights reserved.