We are pleased to announce that our securities filing has been cleared by the state of Missouri, giving Missourians the opportunity to invest in Lending Club notes starting today.

While researching fun facts about Missouri, I was startled to see several related to the food industry. And since I’m a foodie myself, I could not resist the temptation to include them here:

To start, you must know that the now ubiquitous ice cream cone was invented at the St. Louis World’s Fair in 1904 when an ice cream vendor ran out of cups and asked a waffle vendor to help by rolling up waffles to hold ice cream.

You must also know that barbeque cuisine started right here, in Kansas City, when Henry Perry, the “Father of Kansas City BBQ” started selling smoked meats in an alley stand in the Garment District of the city in 1908.

And finally, you may find interesting the fact that St. Louis is the home of the largest beer producing plant in the nation: Anheuser-Busch.

Now, I’m officially hungry (and thirsty).

Anyhow! We welcome Missourians to Lending Club, now available in 27 states: California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Louisiana, Maine, Minnesota, Missouri, Mississippi, Montana, New Hampshire, Nevada, New York, Rhode Island, South Carolina, South Dakota, Utah, Virginia, Washington, Wisconsin, West Virginia, and Wyoming.

Notes are offered by prospectus filed with the SEC.

We’re thrilled to share the news that, as of this morning, Lending Club has officially issued more than $50 million in personal loans to creditworthy individuals.

As always, our focus is on offering better rates, rewarding responsible and creditworthy borrowers. This has translated in better returns for investors because Lending Club eliminates the high cost and complexity of traditional banks: 9.64% net annualized returns since inception. Notes offered by prospectus.

Reaching this milestone could not have happened without our fantastic investor and borrower community. We thought we’d take this opportunity to share a few other interesting numbers with you. As of this morning, Lending Club has:

• 22,226 investor members,
• processed 46,800 payments from borrowers,
• distributed 2,627,146 payments to investors, and
• paid $3,470,391 in interest to investors.

Oh! And by the way, we will be welcoming our 25,000th investor sometime during the month of September. We are working on a promotion to celebrate this momentous milestone. Stay tuned!

Rob

Yesterday over 300 investors took part in our first ever “Beat the Average” webinar. Scott Langmack, the webinar’s guest star, has invested over half of million dollars and his entire IRA into Lending Club. Scott’s Lending Club notes are averaging over 12.5% returns since 2008. Lending Club notes are offered by prospectus filed with the SEC.

During the presentation and Q&A session Scott shares his research, insight, as well as his “4 Keys to Maximizing Returns.”

View Replay

For more information on Scott Langmack please visit

www.peerlendingwealth.com

Enjoy,
Sam

Join us for a free, online discussion with veteran Lending Club investor Scott Langmack. Scott has a track record of consistently beating the average—realizing 12.6% net annualized returns since 2007.

Register Now for “Beat the Average with Scott Langmack” (please note space is limited) >>>

Free, Online Round Table Discussion
Thursday, August 20th, 2009
7:00 pm EST (4:00 pm PST)

During this 30 minute event, Scott will share insights on his investing strategy and field your questions along with Patrick Gannon, Lending Club’s SVP of Investor Services. Mr. Langmack is currently CEO of Blue Chip Expert and author of PeerLendingWealth.com.

Lending Club notes average 9.61% net annualized returns. Notes are offered by prospectus filed with the SEC.

See you there,
Sam Kasle

Earlier today we had a great turn out for our monthly Investor Forum series: Get Smarter. Patrick Gannon and I walked the group through theory and facts about investing with Lending Club. The punch line was simply this: Lending Club has lower operating margins than traditional banks and passes along the opportunity for higher returns to our investors. Notes are offered by prospectus filed with the SEC. But that’s just the crib sheet version.

Want insider tips on getting the most from your investment? Follow the replay link below.

REPLAY: August 12th Get Smarter Investor Forum, not including Q&A, now >>>

Canned video not for you? No worries, the next Get Smarter Investor Forum is coming up soon, but register now as space is limited.

Get Smarter Investor Forum
Sep 3rd, 3:30 pm EST (12:30 pm PST)

Thanks,
Sam