Happen Bank
Legal institution: Happen Bank, National Association. Headquartered in Lehi, UT. Part of Lendingclub Corporation. FDIC certificate #32551 · Federal Reserve RSSD 264772.
Total assets
$11.8B
Deposits
$10.3B
Q1 2026
Active branches
3
Closings since Jan 2020
1
2 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$51M
Return on assets
1.75%
Return on equity
15.29%
Noncurrent loan rate
0.90%
Deposits by year (Summary of Deposits)
12019
12020
32021
52022
72023
82024
92025
Values in $ billions, June 30 of each year.
Closings by year
12021
Openings by year
22021
Other network changes since 2020
- 2 branch relocations
- June 24, 2026: legal name changed from “LendingClub Bank, National Association” to “Happen Bank, National Association”
- February 1, 2021: legal name changed from “First Trade Union Bank” to “LendingClub Bank, National Association”
Branches by state
Recent closings
- LendingClub Bank — Hauppauge, NYbank exits city270 MOTOR PARKWAY · closed February 2, 2021
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.happen.com.