The regulatory framework for LendingClub is well established and has been in place since 2008. On the investor side, we've registered the offering of Notes with the Securities and Exchange Commission (SEC) and we file annual, quarterly, and other reports with the SEC. If you’d like, you can review our prospectus and see our SEC reports at www.sec.gov.

All loans are made by WebBank, which was organized under the laws of the State of Utah in 1997 and operates under federal banking law. WebBank is an FDIC-insured bank that is subject to consumer lending regulations, including the Truth in Lending Act, the Equal Credit Opportunity Act, and the Fair Credit Reporting Act.