Radius is now LendingClub
On February 1st, 2021, LendingClub Bank N.A. acquired Radius Bank. The acquisition combines the strengths of two digital innovators with complementary businesses and a digital-first, branchless approach to banking.
Then, can LendingClub Be Trusted?
LendingClub has become one of the more reputable destinations for online personal loans, usually an ideal method to borrow for a special need or credit card debt consolidation. … The typical LendingClub client has a good credit score and a lengthy credit history (an average of 17 years).
People also ask, does Lending Club have a bank?
LendingClub Bank is the only full-spectrum financial technology (fintech) marketplace bank and the first public US neobank. … For more details, read about LendingClub’s acquisition of Radius Bank.
Does radius bank have Zelle?
No Zelle. Radius bank does not use Zelle.
How many customers does radius bank have?
Between 2010 and 2016, the bank said its number of retail customers rose from 2,600 to 70,000 nationally.
Is Radius a good bank?
Radius Bank is a good choice for someone looking for an online bank account with low fees and competitive interest rates. If you get paid via direct deposit and don’t use much cash, this bank could be perfect for your needs.
Is Radius Bank a real bank?
Radius Bank is a Boston-based online bank with full-service banking solutions for individuals and businesses. Founded in 1987, Radius Bank offers an array of interest-earning deposit accounts that are accessible online and through mobile access.
What bank is lending club associated with?
LendingClub Corporation (NYSE: LC) is the parent company of LendingClub Bank, National Association, Member FDIC. It is the only full-spectrum fintech marketplace bank, and the first public U.S. neobank.
What is the minimum credit score for LendingClub?
When did Lending Club buy radius?
Where is Radius Bank located?
LendingClub Bank (formerly Radius Bank and First Trade Union Bank) is an online-focused community bank headquartered in Lehi, Utah.
Who is the number 1 bank in America?
| Rank | Bank name | Total assets |
|---|---|---|
| 1 | JPMorgan Chase & Co. | $3.19 trillion |
| 2 | Bank of America Corp. | $2.35 trillion |
| 3 | Wells Fargo & Co. | $1.78 trillion |
| 4 | Citigroup Inc. | $1.70 trillion |