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Exclusive high-yield savings account for our Notes investors

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Start earning more with the Founder Savings account, which pays a market-leading 5.05% APY*.

Now that we’ve officially become a one-of-a-kind marketplace bank, we’re excited to announce that we’ve launched our very first bank product offering, just for our Notes investors**: a market-leading high-yield savings account.

The Founder Savings account*** offers you a market-leading 5.05% APY.

Founder Savings will also include a new auto-save feature, which will enable investors to automatically transfer available cash from their Notes investment account to their Founder Savings account on a weekly basis.

You can also 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.

Interested in opening an account? Log into your Notes investment account and select your exclusive Founder Savings offer. The process to open your account is easy and takes only a few minutes!


*Annual Percentage Yield (APY) accurate as of 1/25/24. Interest is earned at the rate applicable to the portion of the balance that falls within each tier. Rate tiers are as follows: 5.05% APY applies to balances between $0.00 and $19,999.99; 5.05% APY applies to balances between $20,000.00 and $49,999.99.99; and 5.05% APY applies to balances of $50,000.00 and greater. Rates are variable and subject to change at any time without notice, at the sole discretion of the bank. Fees may reduce earnings.

**The Founder Savings account and rates are only available to LendingClub Notes investors. Offer applies to personal accounts only and may be rescinded at any time without notice.

***LendingClub Bank, N.A., Member FDIC, offers Founder Savings as a free savings account with no monthly maintenance fee, no minimum balance requirement, and is FDIC-insured up to $250,000 per depositor, per ownership category.

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LendingClub Bank and its affiliates (collectively, "LendingClub") do not offer legal, financial, or other professional advice. The content on this page is for informational or advertising purposes only and is not a substitute for individualized professional advice. LendingClub is not affiliated with or making any representation as to the company(ies), services, and/or products referenced. LendingClub is not responsible for the content of third-party website(s), and links to those sites should not be viewed as an endorsement. By clicking links to third-party website(s), users are leaving LendingClub’s website. LendingClub does not represent any third party, including any website user, who enters into a transaction as a result of visiting a third-party website. Privacy and security policies of third-party websites may differ from those of the LendingClub website.

Savings are not guaranteed and depend upon various factors, including but not limited to interest rates, fees, and loan term length.

A representative example of payment terms for a Personal Loan is as follows: a borrower receives a loan of $19,584 for a term of 36 months, with an interest rate of 10.29% and a 6.00% origination fee of $1,190 for an APR of 14.60%. In this example, the borrower will receive $18,663 and will make 36 monthly payments of $643. Loan amounts range from $1,000 to $40,000 and loan term lengths range from 24 months to 60 months. Some amounts, rates, and term lengths may be unavailable in certain states.

For Personal Loans, APR ranges from 9.57% to 35.99% and origination fee ranges from 3.00% to 8.00% of the loan amount. APRs and origination fees are determined at the time of application. Lowest APR is available to borrowers with excellent credit. Advertised rates and fees are valid as of July 11, 2024 and are subject to change without notice.

Checking a rate through us generates a soft credit inquiry on a person’s credit report, which is visible only to that person. A hard credit inquiry, which is visible to that person and others, and which may affect that person’s credit score, only appears on the person’s credit report if and when a loan is issued to the person. Credit eligibility is not guaranteed. APR and other credit terms depend upon credit score and other key financing characteristics, including but not limited to the amount financed, loan term length, and credit usage and history.  

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. ​Deposit accounts are subject to approval. Only deposit products are FDIC insured.

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