LendingClub Corporation is the parent company of LendingClub Bank (LC Bank). The Company operates most of its business through LC Bank, as a lender and originator of loans and as a regulated bank in the United States. LC Bank is the digital marketplace bank in the United States where members can access a range of financial products and services designed to help them pay less when borrowing and earn more when saving. LC Bank holds loans and funds those loans directly with its own capital and deposits. LC Bank’s primary loan products include unsecured personal loans, secured auto refinance loans, and patient and education finance loans (Consumer Loans). LC Bank’s commercial lending business is primarily focused on small businesses, and it participates in the United States small business administration (SBA) lending programs. LC Bank’s deposit business includes sourcing deposits directly from consumer and commercial customers and from third-party marketing channels and deposit brokers.