*Lending Club's preferred IRA custodian is Self Directed IRA Services, Inc., a subsidiary of Horizon Bank. Self Directed IRA Services, Inc. charges an annual account fee of $100 at account opening and then annually on the anniversary of account opening.
Lending Club will pay the $100 annual account fee at account opening on your behalf if you have an initial minimum balance of $5,000 or more that you invest in Lending Club Notes and maintain this minimum invested balance for the first 12 months. For subsequent years, Lending Club will pay the annual account fee of $100 annually on the anniversary of account opening on your behalf if you maintain an invested balance of $10,000 or more in Lending Club Notes after the first year.
All account balances are determined as of the last business day immediately prior to the anniversary date of the opening of your account. An annual account fee of $100 applies to accounts that don't meet these requirements. Lending Club reserves the right to modify or discontinue this offer at any time. See the Self Directed IRA Services, Inc. IRA Fee Schedule for a description of the Basic IRA asset type limitations on your Lending Club Self-Directed IRA Account.
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San Francisco, CA 94105, USA