New Minimum Initial Deposit for Retail Investor Accounts

May 17, 2017

To help investors towards a positive experience on the platform, we have implemented a minimum initial deposit of $1,000 for all new retail investors making their first investment through Lending Club.

Our main goal is to deliver a better investing experience. Data shows that Lending Club investors who are able to diversify their accounts have generally experienced less volatility than investors with more concentrated holdings. This is in part because investors are able to purchase multiple Notes, reducing their exposure to any single Note.

We’ve written previously about the impact of diversification on a Lending Club portfolio. Our data and insights show that LendingClub investors who hold multiple Notes have generally experienced less volatility than investors with more concentrated holdings. In fact, 98% of accounts with over 100 Notes of similar size have seen positive returns.1

LendingClub is dedicated to constantly improving on – and delivering – the best investor experience possible.

To learn more, click here or contact our Investor Services team at

1As of March 31, 2017. Based on adjusted net annualized return (Adjusted NAR) of current retail investors with a portfolio containing 100+ Notes, none of which have been purchased or sold on the Folio Investing Note Trading Platform*, where the portfolio concentration is one percent or less (i.e. no Note constitutes greater than one percent of the total portfolio value) and the portfolio has a weighted average age of at least 12 months (weighted based on the dollar value of each Note relative to the total dollar value of the portfolio, where the age of each Note is measured as of the purchase date of such Note). Adjusted NAR is calculated using the formula described here. This information is not intended to be investment advice. Historical performance is not a guarantee of future results. Actual results may differ materially from historical data. Lending Club Notes are not guaranteed or insured, and investors may lose some or all of the principal invested. Individual portfolio results may be impacted by, among other things, the size and diversity of the portfolio, exposure to any single Note, Borrower, or group of Notes or Borrowers, as well as macroeconomic conditions. *Folio Investments, Inc. (“Folio Investing”) is a registered broker-dealer and member of FINRA and SIPC and operates the Note Trading Platform. Folio Investing is based in McLean, VA and is not affiliated with Lending Club. Folio Investing has no role in the original issuance of the Notes and is not responsible for and does not approve, endorse, review, recommend or guarantee the Notes or the accuracy, reliability, or completeness of any data or information about the Notes. See the Important Disclosures page for additional important information. More information about Folio Investing is available at

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