SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(RULE 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. _____)*
E-Loan, Inc.
________________________________________________________________________________
(Name of Issuer)
Common Stock ($0.001 par value)
________________________________________________________________________________
(Title of Class of Securities)
26861P 10 7
________________________________________________________________________________
(CUSIP Number)
June 15, 2000
________________________________________________________________________________
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ X ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
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CUSIP No. 26861P 10 7 13G Page 2 of 7 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Charles Schwab Corporation
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
_
(a) |_|
_
(b) |_|
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, USA
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5 SOLE VOTING POWER 0
NUMBER OF ________________________________________________________________
SHARES 6 SHARED VOTING POWER 9,266,666
BENEFICIALLY
OWNED BY ________________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER 0
REPORTING
PERSON ________________________________________________________________
WITH 8 SHARED DISPOSITIVE POWER 9,266,666
________________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,266,666
________________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not applicable
________________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
15.6%
________________________________________________________________________________
12 TYPE OF REPORTING PERSON*
HC
________________________________________________________________________________
<PAGE>
________________________________________________________________________________
CUSIP No. 26861P 10 7 13G Page 3 of 7 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Charles Schwab & Co., Inc.
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
_
(a) |_|
_
(b) |_|
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California, USA
________________________________________________________________________________
5 SOLE VOTING POWER 0
NUMBER OF ________________________________________________________________
SHARES 6 SHARED VOTING POWER 9,266,666
BENEFICIALLY
OWNED BY ________________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER 0
REPORTING
PERSON ________________________________________________________________
WITH 8 SHARED DISPOSITIVE POWER 9,266,666
________________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,266,666
________________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not applicable
________________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
15.6%
________________________________________________________________________________
12 TYPE OF REPORTING PERSON*
BD
________________________________________________________________________________
<PAGE>
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Page 4 of 7 Pages
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SCHEDULE 13G
Item 1(a). Name of Issuer:
E-Loan, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
5875 Arnold Road, Suite 100
Dublin, California 94568
Item 2(a). Names of Persons Filing:
The Charles Schwab Corporation ("TCSC")
Charles Schwab & Co., Inc. ("CS&Co")
Item 2(b). Address of Principal Business Offices:
The address for each of the reporting persons is:
101 Montgomery Street, San Francisco, CA 94104
Item 2(c). Citizenship:
TCSC: Delaware, USA
CS&Co: California, USA
Item 2(d). Title of Class of Securities:
E-Loan, Inc. Common Stock ($0.001 Par Value) ("Common Stock")
Item 2(e). CUSIP Number:
26861P 10 7
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b)
or (c), check whether the person filing is a:
Not Applicable
Item 4. Ownership.
(a) Amount beneficially owned:
9,266,666
(b) Percent of Class:
15.6%
<PAGE>
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Page 5 of 7 Pages
________________________________________________________________________________
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote:
9,266,666, of which TCSC owns 2,666,666 shares of
Common Stock, and CS&Co. has warrants for 6,600,000
shares of Common Stock exercisable at a price of
$15.00 per share.
(iii) Sole power to dispose or to direct the disposition: 0
(iv) Shared power to dispose or to direct the disposition:
9,266,666, of which TCSC owns 2,666,666 shares of
Common Stock, and CS&Co. has warrants for 6,600,000
shares of Common Stock exercisable at a price of
$15.00 per share.
Item 5. Ownership of Five Percent or Less of a Class.
Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not Applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company.
CS&Co. is a wholly owned subsidiary of TCSC.
Item 8. Identification and Classification of Members of the Group.
Not Applicable
Item 9. Notice of Dissolution of Group.
Not Applicable
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were not acquired and are not held for the purpose
of or with the effect of changing or influencing the control of the issuer of
the securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
<PAGE>
________________________________________________________________________________
Page 6 of 7 Pages
________________________________________________________________________________
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Dated: June 23, 2000 THE CHARLES SCHWAB CORPORATION
By: /s/ STEVEN L. SCHEID
------------------------
Steven L. Scheid
Vice Chairman and
Executive Vice President
CHARLES SCHWAB & CO., INC.
By: /s/ STEVEN L. SCHEID
------------------------
Steven L. Scheid
Vice Chairman and
Enterprise President
INDEX TO EXHIBITS
Exhibit Exhibit Description
------- -------------------
A Agreement of joint filing
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Page 7 of 7 Pages
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Exhibit A
AGREEMENT OF JOINT FILING
The undersigned agree that a single Schedule 13G and any amendment thereto
relating to the common stock of E-Loan, Inc., $0.001 par value, shall be filed
on behalf of each of the undersigned.
Dated: June 23, 2000 THE CHARLES SCHWAB CORPORATION
By: /s/ STEVEN L. SCHEID
------------------------
Steven L. Scheid
Vice Chairman and
Executive Vice President
CHARLES SCHWAB & CO., INC.
By: /s/ STEVEN L. SCHEID
------------------------
Steven L. Scheid
Vice Chairman and
Enterprise President
