PERSONAL BANKING

TRUST ACCOUNTS

Get peace of mind and plan for the future with a Trust Account

LendingClub offers deposit accounts that can be opened by a Trustee for a Trust if allowed by the Trust Agreement

Getting Started

Establish a Formal Trust
Work with a financial professional or estate attorney to establish the details of your trust
Gather Your Documents
We will need a copy of the title, signature, and notary pages of your trust document as well as a bank trust application
Open or Convert a Deposit Account
Select a high-yield savings account, checking account, or CD
Tax ID/SSN
Depending on the type of Trust, we will either require a Tax ID or SSN

Account Options

bank-high-yield-savings-free-transfers-png-version
High-Yield Savings Account
Earn one of the nation’s best rates.
Learn More
Certificate of Deposit FAQs
Rewards Checking Account
Interest checking account with cash back and unlimited ATM fee rebates1
Learn More
bank-high-yield-savings-free-atm-card-png-version
CD
Competitive Certificate of Deposit Rates
Learn More

We make it easy to open an account for your Trust!

LendingClub can help give you peace of mind and plan your future with deposit accounts for Trusts. When you open an account, you’ll have an expert team to guide you through the process.

Digital banking, made human.

At LendingClub, we put our customers at the center of everything we do. That’s why we focus on providing products and services that are not only convenient but help to make life easier.
interest_rate
Security
We use 256-bit encryption to ensure that data is protected with the highest level of security.
FDIC Insurance
FDIC Insurance
Your deposits are FDIC-insured up to the highest possible amount allowed – $250,000 per depositor for each ownership category.
laptop
Customer Support
Have a question? We're here to help. Reach us by phone or email.

Accounts subject to approval which may include credit approval. $100 opening deposit required. Please see Product Terms & Conditions for additional product details. FDIC-insured up to $250,000 per depositor for each ownership category. Visit our FAQ page for additional information.

  1. LendingClub does not charge a fee to use another bank’s ATM. Plus, get unlimited ATM surcharge rebates for ATM fees charged by other banks and ATM owners. ATM rebates apply to cash withdrawals from your Rewards Checking account using your Rewards Checking debit card. International exchange and service fees not included. ATM fees are rebated at the end of each statement cycle. LendingClub makes its best effort to identify ATM fees eligible for rebate. In the event you have not received a rebate for a fee you believe is eligible, please contact Customer Service at 800.242.0272. LendingClub reserves the right to modify or discontinue the rebate program at any time. Out-of-network ATM fees cost $2.50 on average — source: CNBC as of 01/26/2022. If someone were to use an out-of-network ATM 6 times per month at an average fee of $2.50 per withdrawal, they would spend $180 in ATM fees in 12 months.

Any reviews presented are individual experiences and results may vary. Reviews collected and authenticated by Bazaarvoice. All reviews can be accessed at https://www.lendingclub.com/company/reviews

Unless otherwise specified, all credit and deposit products are provided by LendingClub Bank, N.A., Member FDIC, Equal Housing Lender (“LendingClub Bank”), a wholly-owned subsidiary of LendingClub Corporation, NMLS ID 167439. Credit products are subject to credit approval and may be subject to sufficient investor commitment. Credit union membership may be required. Deposit accounts are subject to approval. Deposit products are FDIC-insured up to $250,000 per depositor, per ownership category.

"LendingClub" and the "LC" symbol are trademarks of LendingClub Bank.

© 2024 LendingClub Bank. All rights reserved.