If you want the comprehensive one-stop-shop banking services of a traditional bank, but with the convenience and tech-driven innovation of an online bank, LendingClub is worth considering. 617-439-3118 One Harbor Street, Suite 102 Boston, MA 02210 LendingClub is headquartered in LEHI and is the 12 th largest bank in the state of Utah. In this review, learn the pros and cons of LendingClub Bank, including extra features, fees, and how it compares to the big banks. Some financial products mentioned on this site are from companies that are partners with APRfinder. For Apple Devices: In this LendingClub high-yield savings account review: 4 Things You Must Do Before The Next Recession, Boost your savings with a rare 4.80% APY - FDIC insured, Up to $2 million in FDIC insurance for individual accounts and high APY, National Debt Relief vs Freedom Debt Relief, LendingClub High-Yield Savings account basics, What we like about the LendingClub High-Yield Savings account, Compare earnings with LendingClub vs. a traditional savings account, How to open a LendingClub High-Yield Savings account, How to withdraw money from a LendingClub High-Yield Savings account, Other LendingClub High-Yield Savings account fees, Do Not Sell or Share My Personal Information, Yes, free of fees at ATMs displaying the SUM logo, Up to six transfers per month; no limitations on ATM withdrawals, $25 per item, then $5 a day beginning on the fifth calendar day after first overdraft item, 4.85% APY high-yield savings account, 13.1x higher than national average, Interest is compounded daily and posted to your account monthly, Trusted, award-winning financial institution with experienced bankers who put you first, FDIC insured, no fees, $1 minimum deposit. LendingClub Bank, N.A.All rights reserved.Routing # 211075086. You're just three quick steps away from enjoying the features of your new account and all of our convenient digital banking solutionsenroll in Online and Mobile Banking now! The routing number for LendingClub is 211075086. Contact the team you are looking for. The Best Online Bank of 2020 and Americas #1 Online Marketplace for Personal Loans are now under one brand. The banks Rewards Checking account, which earns cash back and interest, is possibly the banks most interesting feature. Please see https://www.sipc.org/. No monthly service fee for balances over $500, Set transaction restrictions and spending caps, Earn up to $2,000 cash bonus when you open a new eligible Citi Priority Checking Account with required activities. Bonus will be paid within 30 days after you successfully complete all required activities. The minimum deposit required to open a CD is $2,500. Enter your name as it appears on your bank account. Find out the unique features it offers and how it compares. The bank does not have any offices outside Utah. LendingClub is not responsible for and cannot control or guarantee the content, privacy policy or security of the following site. Select Manage the app you want to update. This site is not run by, endorsed, or associated with LendingClub Bank, National Association in any way. Contact us by phone. Bank routing number is a 9 digit code which is necessary to process Fedwire funds transfers, process direct deposits, bill payments, and other such automated transfers. You only need $100 to open the account and you'll get unlimited transactions. If youre looking for an online bank with a full array of offerings, as well as some interesting features and perks (such as 1.00% cash back rewards on everyday purchases with your debit card), use this review to see how LendingClub Bank may support your financial goals. Carefully consider a fund's investment objectives, risks, charges and expenses, as described in the applicable mutual funds prospectus. A list of partner banks is available at https://www.brex.com/legal. ET and Saturday through Sunday from 8:00 a.m. to 8:00 p.m ET. Customers also can reach out via email or. At LendingClub, we put our customers at the center of everything we do. Use of Brex's user data access application programming interfaces is subject to the Brex Access Agreement. To learn how to update your browser, 8 to 40 characters with at least one digit and one special character, Special characters may not include <,>,=, or , May not include your username or email address. We may receive compensation from the products and services mentioned in this story, but the opinions are the author's own. Security We use 256-bit encryption to ensure that data is protected with the highest level of security. Offer is limited to one per customer and is not available for existing BMO Harris personal checking customers (including signers on joint accounts) or those who have closed a BMO Harris personal checking account within the past 12 months. FDIC Insurance Please visit the Deposit Sweep Program Disclosure Statement for important legal disclosures. Our mailing address is: LendingClub, PO Box 55063, Boston, MA 02205-5063 How do I turn on automatic updates for the my mobile app? The bank has received industry recognition for its innovations. LendingClub reserves the right to modify or discontinue the rebate program at any time. At the top right, tap the profile icon. Contact the team you are looking for. FinanceBuzz and CardRatings may receive a commission from card issuers. 's online banking platform. LendingClub Bank, National Association Branch Location: Branch Name: MOTOR PARKWAY BRANCH Address: 270 Motor Parkway Hauppauge, New York 11788 Phone Number: (631) 300-0140 Quickly get directions to the bank location on this page (270 Motor Parkway in Hauppauge) Get mobile directions from current location: or enter a starting address: Linking your new bank account Before you begin, make sure you have the routing number and account number of your new bank account, then follow these steps: Go to your Account Summary and click the Bank Account link in the top navigation bar. The full address of bank headquarters is 2701 N Thanksgiving Way, Lehi, UT 84043. If you sign-up for a product or service through a link published on this site we may receive financial compensation for it. It provides personal loans that can be used for a variety of purposes, auto refinancing loans, small business loans, patient services, investing opportunities, and more. These account details can be used to complete tasks such as initiating an inbound wire or ACH transfer or paying recurring bills and charges. But LendingClub offers a more extensive list of products and services that can suit a broader range of financial goals. You can also make free internal and external transfers with online and mobile banking. For checking accounts, these are at the bottom of your checks: Once you link your new bank account, we'll send a test deposit and debit within four business days. A LendingClub savings account might be what you need to grow your wealth. You also can reach the team by sending a secure message via online or mobile banking, by email and even by regular U.S. mail or fax. To earn interest on your balances, you'll have to keep a certain balance in your LendingClub High-Yield savings account. 2023 Brex Inc. (Brex) and the Brex logo are registered trademarks. If you prefer to bank online and can take advantage of the high interest rates, then opening an online savings account with LendingClub might be beneficial. No, LendingClub does not originate new mortgages at this time. As an account holder of an FDIC-insured bank, you are protected for up to $250,000 per depositor, for each account ownership category, in the event of a bank failure. FinanceBuzz is not a financial institution and does not provide credit cards or any other financial products. This is not an offer, solicitation of an offer, recommendation or advice to buy or sell any security, financial product, instrument or to open a brokerage account in any jurisdiction where Brex Treasury is not registered. Commercial is defined as our Commercial, Institutional, Municipality, API Banking, Escrow, and Cannabis Banking business clients. Wells Fargo Bank. Once you've opened the account, there is no minimum balance to maintain. Additionally, your deposits are insured by the FDIC (Federal Deposit Insurance Corporation). FinanceBuzz.com does not make any credit decisions. OTHER BANKS IN UTAH. Deposit must be posted to account within 30 days of account open date. Youre now a LendingClub bank customer. - How can I get . The first is the check routing number used to identify your bank. Click Change Account. 3 Credit Bureau Phone Numbers - Equifax, Experian, TransUnion, Home Equity Loan Options for Mobile Homes, How to Remove a Security Freeze from Credit Report - Experian, Equifax, TransUnion, How to Speak to Live Person at Experian, Equifax, TransUnion, How Much Money Kids Can Make From a Lemonade Stand, First Progress Secured Credit Card Review for 2023. The LendingClub Bank customer service team is available by live chat or phone MonFri, 8:30 a.m. to 12 a.m. Deposit into your account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Changed Bank Class to National Bank, member of the Federal Reserve System (FRS). She has worked as a personal finance editor, writer, and content strategist covering banking, credit cards, insurance and investing. It takes about 3 minutes and you'll just need your Social Security number and a $100 opening deposit. We publish data-driven analysis to help you save money & make savvy decisions. We currently have no ratings or reviews for this bank location. At the top right, tap the profile icon. Total Branches: 1 Offices. The banks primary checking account is its Rewards Checking. As you look for the best place to grow your savings, LendingClub previously known as Radius Bank is hoping its product depth, fintech capabilities, and personalized attention will put a stop to your search. However, these customers may still be eligible for Essential Checking, which is available on a select basis. Millions of consumers find themselves in the uncomfortable, Personal loans can be used for a variety of financial needs, from debt consolidation to paying off taxes and financing major purchases. Customer Service Phone: 888-596-3157 TOLL-FREE: 888-596-3157 Website Branch Locations Mailing Address: LendingClub Dept. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. About CreditDonkey CreditDonkey is a bank comparison website. Compensation may impact where offers appear. Itschecking accountalso earns interest. Routing Number: 021414125: Bank: LENDINGCLUB BANK, NA: Address: 1 HARBOR ST. STE 201: City: BOSTON The bank operates as a subsidiary of Lendingclub Corp. LendingClub Bank, N.A.All rights reserved.Routing # 211075086. The company is one of the pioneers in the disruption of conventional bank lending, as it is committed to providing transparent and efficient borrowing through the use of innovative technologies and crowdfunding. Past performance is not indicative of future results. Learn more about how we make money and our editorial policies. One way to pass the time, If youve struggled with poor management of your finances in the past and now have less than stellar credit, you arent alone. 02-01-2021Changed Bank Class to National Bank, member of the Federal Reserve System (FRS). LendingClub is an FDIC-insured financial institution. Box 39000 San Francisco, CA 94139 Corporate Address: LendingClub Corporation 595 Market Street, Suite 200 San Francisco, CA 94105 Fax Number: 415-276-6323 Routing Number: 211075086 Email Addres: support@lendingclub.com Yes, LendingClub Bank, National Association is FDIC insured (FDIC# 32551). Earn 0.15% APY on balances of $100,000 & up. Money Management ToolsLendingClub Bank partners with several companies on their Marketplace to help you better manage your money. Check Routing Number; Widgets; Rankings; Home > LendingClub Bank. Something went wrong. LendingClub bank routing number: 211075086 LendingClub Bank Account Options LendingClub Bank rivals the big traditional banks when it comes to their variety of products, features, and services. New recurring stream of net interest income grew 27% sequentially to $83.1 million, as the bank's loan portfolio (excluding PPP loans and including $248.9 million of yacht loans transferred to held . LendingClub Bank is an online bank. Passwords must: 8 to 40 characters with at least one digit and one special character. To get your $150 or $200 Bonus: What to do: Apply for your first Discover Online Savings Account, online, in the Discover App or by phone. Need help? Commercial is defined as our Commercial, Institutional, Municipality, API Banking, Escrow, and Cannabis Banking business clients. But is it right for you? Whether for summer vacations with the family, to live in, or the desire to make road trips feel more like home, an RV is a great thing to have when, Spring break and summertime are often busy seasons for kids and their parents, with camps and other non-school activities that fill the long days. How To Find The Cheapest Travel Insurance, Best Savings Accounts For Automated Saving, Best Savings Accounts For Digital Banking, Best Savings Accounts For Customer Experience, Fintech Trends Likely To Stick Around After The Pandemic, How To Protect Your Online Banking Information, Fintech Tools To Help You Master Money Mindfulness, Ability to earn interest: Rewards Checking account earns 0.10% APY on balances of $2,500 to $99,999.99 and 0.15% APY on balances of $100,000 and up, Daily limit of $500 on debit card transactions, Mobile check deposit limit of $1,000 per day and $2,000 per 10 days. LendingClub Bank, National Association Corporate Headquarter's Address: Get mobile directions from current location: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC). If you want to open a savings account with LendingClub, it can be done in just a few minutes, and the process is as simple and straightforward as you could imagine. Our mailing address is: LendingClub, PO Box 55063, Boston, MA 02205-5063 How do I turn on automatic updates for the my mobile app? U.S. Bank. Once you're approved, you'll receive a free business debit card and have access to free bill pay. LendingClub makes its best effort to identify ATM fees eligible for rebate. You might see these institutions referenced when you initiate a wire or ACH, or send a check. NA - Not listed as a child of a larger bank. To fund your new account, you can use a debit card or transfer from an existing bank account; this only takes a few minutes to complete. The figure shown here is an estimate of the annualized yield based on the average performance of the past seven days. Were here to help you make this decision in this LendingClub savings account review. Routing Number: N/A. Main Office moved to 2701 N Thanksgiving Way. ET and Sat-Sun, 8 a.m. to 8 p.m. Save smart and earn 4.50% APY at CIT Bank, a CreditDonkey recommended partner. Performance information may have changed since the time of publication. By selecting "Continue", you acknowledge that you are leaving bank.lendingclub.com and will be directed to a partner's website. Opinions expressed here are author's alone, and have not been reviewed, approved or otherwise endorsed by the companies. SIPC currently protects the assets in each of your securities accounts at Brex Treasury up to $500,000 (including $250,000 for claims for cash). Get jargon-free money news delivered to your inbox. Below is a list of some important events in banks history, including mergers and acquisitions. - How do I verify a check from LENDINGCLUB BANK, NA ? LendingClub Bank is a great online bank offering several high-yielding accounts for you to choose from. Note: This website is made possible through financial relationships with some of the products and services mentioned on this site. Brex does not provide, nor does it guarantee, any third-party product, service, information, or recommendation and may pay third parties and/or be paid by them for customer referrals. It can be hard to find a truly free checking account nowadays, let alone one that pays interest and offers cash back rewards: 0.10% to 0.15% APY, based on account balance, plus 1.00% to 1.50% cash back rewards on everyday debit card purchases, after meeting minimum balance or direct deposit requirements. Tap Manage apps & device. For Android Devices: Open the Google Play Store app . LendingClub Bank was founded in August 1987 and is based in Lehi, Utah. Basic Info Reviews History Routing Numbers Locations. LendingClub High-Yield Savings Account's APY of 4.25% is far above the national average and is also one . Final thoughts Member FDIC. You can choose from several term options, from 3 months to 5 years. Open a new BMO Harris Smart Advantage Account online and get a $200 cash bonus when you have a total of at least $4,000 in qualifying direct deposits within the first 90 days of account opening. Available online nationwide except in Alaska, Hawaii and Puerto Rico. Support hours for phone and live chat on lendingclub.com are Monday through Friday from 8:30 a.m. to 1:00 a.m. Another interesting feature is the LendingClubMarketplace, a tool built into the mobile app that lets customers connect with LendingClub partners to get financial products and services such as homeowners insurance, life insurance, personal loans and more. Unsubscribe anytime. Bonus is interest and subject to reporting on Form 1099-INT. They have my bank routing number and account number. If you sign up to have your paycheck direct deposited into your LendingClub Bank checking accountdepending on when your employer makes the funds availableyou may be able to get your money up to two days earlier than your scheduled payday. Investing in securities products involves risk and you could lose money. Earn 0.10% APY on balances of $2,500$99,999.99. Do I need to make sure my paycheck, automatic pension, or Social Security direct deposits continue? Below you will find ratings, reviews, corporate information, directions, ABA routing numbers, office hours, their phone number, online banking website, and branch locations. Manage your finances: set budgets, see your spending, track trends, Pay bills to businesses or make payments to friends, No ATM fees, plus fee rebates for out-of-network ATM use. Bonus will be credited to the account within 60 days of the account qualifying for the bonus. If approved, you'll have a credit limit that you can automatically tap into if your checking account balance falls below zero.[4]. LendingClub Bank operates with 1 branches in 1 different cities and towns in the state of Utah. Aside from transferring money online from another bank, you deposit a check through the LendingClub mobile app, mail deposits to LendingClub, or if youve got cash you want to sock away make a deposit surcharge-free at a MoneyPass or SUM network ATM. The routing number for LendingClub is 215466598. Their corporate headquarter's address is listed as: 2701 N Thanksgiving Way in Lehi Utah. Turn on Enable auto update. Assuming you maintain a minimum balance of at least $2,500, LendingClub offers customers a very competitive interest rate on its high-yield savings account. Online Banking: lendingclub.com. 4.25% APY: APY is an important factor when choosing a high-yield savings account. Select the down arrow above for more options. You'll be charged $35.00. LendingClub customer service can be reachedby phone (800-242-0272) or via live chatMon-Fri, 8:30 a.m. to 12 a.m. You should consult your own professional advisors for such advice. While there isn't a minimum balance requirement, you will have a monthly service fee of $9.00. Deposit Sweep Program Disclosure Statement. assumes no liability for the products, services, content, policies, or security of third party sites. If youre mailing a deposit, send it here: To open a LendingClub savings account, youll need a minimum opening deposit of $100. The routing number for your Brex Cash account with Lending Club was 211075086 and Column Bank is 121145349. Changed Institution Name to LendingClub Bank, National Association. 02-01-2021Changed Institution Name to LendingClub Bank, National Association. Thats why we focus on providing products and services that are not only convenient but help to make life easier. You might be using an unsupported or outdated browser. Your privacy is important to us. Customers also can reach out via email or by secure online or mobile message. LendingClub Bank's rewards checking account not only earns interest on your balance, it also gives you cash back on purchases. CreditDonkey does not include all companies or all offers that may be available in the marketplace. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. Checking your rate generates a soft credit inquiry, which is visible only to you. Services may be provided by Brex Payments LLC (NMLS #2035354). You do not have to use our links, but you help support CreditDonkey if you do. Use of Brex Empower and other Brex products is subject to the Platform Agreement. Offer ends 6/15/2023, 11:59 PM ET. This review focuses on the personal banking services offered by LendingClub Bank. By submitting this form you agree to receive emails from FinanceBuzz and to the privacy We use 256-bit encryption to ensure that data is protected with the highest level of security. By checking the box and clicking Next, I acknowledge that I have received and . It is also the 193 rd largest bank in the nation. Some online banks simply provide a good place to stash your savings get a high APY. Submit your comment, review or complaint about LendingClub Bank. We have not included all available products or offers. Before opening a CD, make sure you can commit to the term length. Concentration: Consumer Lending Specialization: Established: 08/26/1987: FDIC Insurance: 08/26/1987: Business is defined as small business clients who do not have ACH origination, a Desktop Check Scanner, and / or Positive Pay services. LendingClub Bank, N.A. Some banks might use . Business is defined as small business clients who do not have ACH origination, a Desktop Check Scanner, and / or Positive Pay services. You'll be able to see all your LendingClub Bank accounts and you can link external accounts. Account details and annual percentage yields (APYs) are accurate as of July 15, 2021. For example, with a minimum balance of $500, you could get a one-year CD that would earn an APY of 0.10%. That means you won't pay penalties, upcharges, or fees for using the account. If LendingClub doesn't seem like a good fit for your needs, then be sure to check out our list of the best savings accountsand also our list of the best banks. So what's the catch? Please try again later. Eligibility is based on primary account owner. Tap More . Once your bank is linked up, go ahead and submit your application. Good free online bank with rewards, if you can maintain $2,500 balance. Shorter-term CDs, of nine months or less, have a minimum balance of $1,000. Select whether the bank account you're providing is for a checking or savings account. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). 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 833-536-3639. LendingClub describes it as a second chance checking accountto help customers rebuild their record and get a fresh start with their finances. Can you end your hunt for the best savings account right now or should you keep looking? https://legacy-bank.lendingclub.com/lendingclub/. On the plus side, the banks savings account has no monthly service fees, no minimum balance requirement and offers a free ATM card to access your savings accountwith no ATM fees. ET and SatSun, 8 a.m. to 8 p.m. Plus, you won't pay ATM fees worldwide. The acquisition was announced on February 18, 2020, and closed on February 1, 2021, allowing Radius, now LendingClub Bank, to expand its product and service offerings. Check out what they offer below to see if LendingClub Bank is right for you. LendingClub Bank offers a high-yield savings account with no monthly service fees. To set up your direct deposit, you will need your ABA account and routing number as well as your employer's name and address. Are you sure you want to rest your choices? Add your debit card to Apple Pay, Samsung Pay, or Google Pay accounts for faster and safer checkouts.[5]. Complete these steps within 90 days of opening your new Bank Smartly checking account online: Get updates on the latest deals and keep up with the best money moves. Reasonable efforts are made to maintain accurate information. Radius became a leading online bank and was acquired by LendingClub, a fintech company that issues personal loans online. The Essential Checking account has a few features that are different from the Rewards Checking: LendingClub offers its High-Yield Savings account, which currently delivers 0.15% APY on balances of $2,500$24,999.99 and 0.25% APY on balances of $25,000 or more, which is considerably below the leading online high-yield savings accounts. Home > Bank Reviews & Deals > LendingClub Bank > LendingClub Bank Review. The Forbes Advisor editorial team is independent and objective. ET. Checking Account FeesHere are some fees to be aware of for the checking accounts at LendingClub Bank:[3]. Is LendingClub FDIC-insured? Earn 1.00% cash back on purchases when you use your LendingClub debit card. It offers checking accounts, savings accounts, trusts, CDs, loans, credit cards, business checking accounts, and business loans. Routing Number: N/A Locations: 1 Branch in Utah Web Address: lendingclub.com Headquarters: 2701 N Thanksgiving Way, Lehi, Utah 84043 LENDINGCLUB BANK INFORMATION LendingClub Bank was founded in August 1987 and is based in Lehi, Utah. In 2020, LendingClub acquired Radius Bank, making it the first time a U.S. regulated bank was acquired by a fintech company. ET. LendingClub Bank, formerly Radius Bank, offers a variety of banking products and impressive features. In addition to their accounts, LendingClub provides several handy features for the full banking experience. For Android Devices: Open the Google Play Store app . Read on to see if this online bank is worth it. We may receive compensation if you shop through links in our content. Bank rating displayed here is the average value for all LendingClub Bank branches. A $100 minimum deposit is required to open a high-yield savings account. ET and SatSun, 8 a.m. to 8 p.m. If you decide to get a CD with LendingClub, beware of early withdrawal fees. They are the same thing and are both used for transferring money between banks. 1- 4 Family Residential Net Loans and Leases, Total Loans and Leases in Foreign Offices, Maturity & Repricing for Loans and Leases, Loans Restructured in Troubled Debt Restructurings, Deposits Based on the $100,000 Reporting Threshold, Deposits Based on the $250,000 Reporting Threshold, Total Assets and Liabilities in Foreign Offices, Past Due 30- 89 Days 1- 4 Family Residential, Past Due 90+ Days 1- 4 Family Residential, Past Due and Nonaccrual Loans Wholly or Partially US Gvmt Guaranteed, Number of Fiduciary and Related Asset Accounts, Total Managed Assets held in Fiduciary Accounts, Collective Investment & Common Trust Funds, Gross Fiduciary and Related Services Income, Fiduciary settlements, surcharges, and other losses, Carrying Amount of Assets Covered by FDIC Loss- Share Agreements, Maximum Amount of Credit Exposure Retained, Total Charge- offs 1- 4 Family Residential, Interest income and expense in foreign offices, Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC). Your deposits are FDIC-insured up to the highest possible amount allowed $250,000 per depositor for each ownership category. All information is provided as-is. It was established in 1987 and as of December of 2022, it had grown to 1,585 employees at 2 locations. After that, theres no minimum balance requirement except when it comes to getting one of the specified APYs. Brex Treasury LLC (Brex Treasury) is an affiliate of Brex and a member of FINRA and SIPC that provides Brex Cash, an account that allows customers to sweep uninvested cash balances into certain money market mutual funds or FDIC-insured bank accounts at Brexs partner banks, such as JPMorgan Chase Bank, Member FDIC. Select Manage the app you want to update. Here are a few companies you can expect to see: Financial DashboardLendingClub Bank's integrated financial dashboard gives you the best tools to manage your finances. Call us toll-free at 888-596-3157: Monday - Friday: 5 am - 5 pm PT. Ben Gran is a freelance writer who covers personal finance and financial services. For a list of all LendingClub Bank branches and detailed branch information like hours of operation, phone number and address; please refine your search by selecting a location from the map or list. Special characters may not include <,>,=, or -.