Is Radius bank legit?

Written by Editorial Team | Last Updated: August 2026

Radius Bank operated as a fully authentic, federally insured digital banking institution before its official acquisition and integration into LendingClub. During its independent years and subsequent transition, it maintained complete regulatory legitimacy, strict compliance with federal banking laws, and full deposit insurance coverage through the Federal Deposit Insurance Corporation. Customers interacting with legacy accounts or transition services experienced secure, regulated financial operations backed by standard institutional protections.

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