Exclusive high-yield savings account for our Notes investors

Coming Soon! A way to grow your savings with the new Founder Savings account

As we close one chapter with the retirement of the Notes platform, we’re working hard to begin the next chapter as a one-of-a-kind marketplace bank*. As a sincere thank you for your dedication to the LendingClub platform, we’re excited to offer our Notes investors our very first product—the Founder Savings account.

When available, the Founder Savings account will offer a competitive Annual Percentage Yield (APY), along with an auto-save feature, which will enable investors to automatically transfer their available cash in their Notes investment account to the new Founder Savings account on a weekly basis so they can continue to grow their savings.

You can count on:

LendingClub was founded on the idea that a community of people helping people could make a difference in the lives of our members. We are so grateful to our investors—our founding members—who have powered the platform that's enabled millions of borrowers to receive loans and improve their financial health.

We expect to launch the new Founder Savings account in the coming months—check back soon for more information.

Bank on the go with the Radius mobile app

Send us an email if you have any questions about the upcoming Founder Savings account.

*Subject to regulatory approval.

FDIC insurance up to $250,000 per depositor for each ownership category.

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Some of the statements above, including statements regarding the development of future product offerings are "forward-looking statements." Factors that could cause actual results to differ materially from those contemplated by these forward-looking statements those factors set forth in the section titled "Risk Factors" in our most recent Quarterly Report on Form 10-Q and Annual Report on Form 10-K, each as filed with the Securities and Exchange Commission, as well as our subsequent reports on Form 10-Q and 10-K each as filed with the Securities and Exchange Commission. We may not actually achieve the plans, intentions or expectations disclosed in forward-looking statements, and you should not place undue reliance on forward-looking statements. We do not assume any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.