Bank Index

Happen Bank, National Association

Digital bank · Lehi, United States

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Happen Bank, National Association is a nationwide digital bank with about 12.5 billion dollars in assets as of June 2026. The FDIC records its main office at 2701 N Thanksgiving Way in Lehi, Utah, while its parent Happen, Inc. files from 88 Kearny Street in San Francisco. It is the rebrand, completed in June 2026, of LendingClub Bank, which itself was the peer-to-peer lender LendingClub's 2021 acquisition of the Boston-based Radius Bank charter. The bank offers personal loans up to 75,000 dollars, high-yield savings, CDs and checking to consumers, and a Tailored Checking account plus SBA 7(a) and 504 loans starting at 400,000 dollars to small businesses, all through its app and website rather than physical branches. Its parent, Happen, Inc., trades on Nasdaq under the ticker HAPN.

Legal name
Happen Bank, National Association
Regulated by
OCC, FDIC (deposit insurance), SEC (Happen, Inc. as a listed company)
Licence confirmed
yes, on a regulator's own list
Established
1987
Website
www.happen.com

Scores, 0 to 10

8.0Customer satisfaction
Trustpilot rating of 4.7 out of 5 from 14,618 reviews, with 88 percent five-star, ranked number one of 26 companies in the Bank category as of September 2026. · source
7.0Fast digital onboarding
Fully digital application through the Happen app and website with no branch visit required, consistent with its history as an online-only lender turned bank. · source
6.0United States
OCC-chartered national bank, Member FDIC, serving customers nationwide through its app and website with 12.5 billion dollars in assets, though only 3 physical offices. · source
5.5Lowest fees
Business Tailored Checking has a 10 dollar monthly fee waived at a 500 dollar balance and opens with just 100 dollars, though personal loan origination fees run up to 8 percent. · source
5.0On-ramp: buy crypto with fiat
Evidence is thin: the business Tailored Checking terms only exclude cryptocurrency purchases from debit card cash back rather than blocking them, and no rule on payments to exchanges or reports of blocked transfers were found, checked September 2026. · source
5.0Off-ramp: crypto to fiat in a business account
Evidence is thin: no source-of-funds process for crypto proceeds is published and no reports of returned exchange wires at Happen Bank or LendingClub were found, checked September 2026. · source
4.5Best interest on business balances
Offers high-yield savings and CD products for deposits, but no specific business-balance treasury yield or sweep product is published. · source
4.5Financial strength & stability
Unrated by major credit agencies; a Nasdaq-listed bank (HAPN) with 12.5 billion dollars in assets and only recently completed its rebrand and charter consolidation from LendingClub Bank. · source
4.5Business cards (Visa, Mastercard)
Business Tailored Checking includes a cash-back debit card earning 1 percent on purchases, but no business credit card or virtual-card programme is published. · source
4.0Startups & VC-backed companies
Business lending is centered on SBA 7(a)/504 loans starting at 400,000 dollars, which favor established small businesses over pre-revenue startups; no venture-debt product is published. · source
3.0Crypto-friendly bank
No published policy on onboarding crypto exchanges, brokers or VASP-licensed firms was found. · source
3.0High-risk verticals (iGaming, cannabis, adult, forex)
The bank publishes no policy on gambling, cannabis, adult or forex-broker clients on its website. · source
2.5Fintech companies that need a partner bank
No published safeguarding, BaaS or agency-banking programme for EMIs or payment firms was found. · source
2.5Online businesses: e-commerce and SaaS
No acquiring or marketplace-payout product is published; the business suite is limited to checking and SBA loans. No API access, accounting integrations or software-company-specific banking product is published. · source
2.0Cross-border payments, FX and multi-currency accounts
No multi-currency accounts, international wires or FX product are published; the bank serves the US market only. No multi-currency treasury, cash pooling or host-to-host API product is published; offerings are limited to standard checking, savings and SBA loans. · source
2.0Foreign-owned & non-resident companies
No published policy on onboarding foreign-owned companies or non-resident business owners was found; products are aimed at US-resident borrowers. · source
1.5Trade, manufacturing & import-export
No letters of credit, guarantees or trade-finance products are published. · source
1.0Crypto wallet and custody for a business
Happen Bank, which LendingClub became in June 2026, offers loans, savings and checking but no crypto custody or wallet, and its SEC filings since 2025 never mention stablecoins, bitcoin or digital assets, checked September 2026. · source
1.0Accept crypto payments
No crypto acceptance for merchants is offered; the bank has no merchant acquiring and its product pages show only lending and deposit accounts, checked September 2026. · source
1.0Bitcoin
No bitcoin buying, custody or funds are offered, and no SEC filing of the bank's parent since 2025 mentions bitcoin, checked September 2026. · source
1.0Ethereum
No ether product of any kind is offered on Happen Bank pages, checked September 2026. · source
1.0Stablecoins (USDC, USDT and others)
No stablecoin accounts, payouts or settlement network membership, and no SEC filing of the parent since 2025 mentions stablecoins, checked September 2026. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.