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Earn $2001 and   APY2 when you open a high-yield savings account.

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Save Smarter
With us

Earn more than the national average APY.3

We’re committed to offering high-yield interest rates and reliable digital service so that your savings can grow strong.

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Business Savings Calculator

3.15% APY2

$1K
$1M

Bank

APY2

1-Year Est. Earnings

National Average3
0.39%
$0.00
Live Oak Bank
3.15%
$0.00
Open Account Explore Business Savings

Business CDs

Compare Our Rates

Term
APY4

Open 3-month CD

3.00%
Open Account

Open 6-month CD

3.90%
Open Account

Open 9-month CD

4.00%
Open Account

Open 1-Year CD

4.10%
Open Account

Open 18-Month CD

3.90%
Open Account

Open 2-Year CD

2.00%
Open Account

Open 3-Year CD

2.00%
Open Account

Open 4-Year CD

2.00%
Open Account

Open 5-Year CD

2.00%
Open Account
Explore Business CDs
Female business owner using her laptop to explore small business banking solutions

Business Solutions

We offer business owners personal guidance through the lending process and easy-to-use banking products.

  • Customized Loans
  • Checking with Treasury Services
  • High-Yield Savings
  • High-Yield Certificates of Deposit (CDs)
Explore Business SolutionsSign In
Male sitting at his desk in a home office searching for personal banking products on his laptop

Personal Banking

We get that individuals like you need great rates, FDIC insurance5 and no fees.

  • High-Yield Savings Accounts
  • High-Yield CDs
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Experience a different way of business lending

Our bankers connect directly with you to determine the right loan strategy for your business and offer a variety of lending options including: SBA, USDA, conventional and custom business loans tailored to your needs.

  • SBA Preferred Lender
  • America’s Premier SBA Lender
Contact Loan SpecialistExplore Business Loans
Small business loan customer, Dr. Manisha Geiger, owner of Optimum Vision and Eye Care

“I can’t thank you all enough for the help and support you have provided through this process. This, as you know, is our second SBA with Live Oak, and we couldn’t be happier. I feel we are truly a Live Oak success story.”

Dr. Manisha Geiger
Owner, Optimum Vision and Eye Care
Scottsdale, AZ

Small business loan customers Nikhil Dhawan and Reema Dutt

“Our experience with Live Oak Bank was extremely smooth, while maintaining a sense of detail and thoroughness. Thank you for your guidance, support, and patience throughout this acquisition.”

Nikhil Dhawan and Reema Dutt
Owners, Sweat Yoga
Playa Vista, CA

Small business loan customer, Tim Sheehy, Founder and CEO of Bridger Aerospace

“Live Oak enabled us to acquire our flagship aerial firefighting assets to protect lives, property and habitat. The bank’s innovation and dedication provided the means to secure ownership of our first two aircraft through two instrumental loans.”

Tim Sheehy
Owner, Bridger Aerospace
Belgrade, MT

Live Oak Bank mobile banking app and debit card products for small business banking customers

Excellent Rating on   ★Trustpilot

Our Approach
Sets Us Apart

A fully digital bank, we don’t have branches and don’t work on commission. This means our focus is entirely on you.

About Us

  1. Important Information about this Personal Savings Bonus Offer:
    Customers must meet all of the following requirements to be eligible for the $200 bonus:

    • New and Existing Customers:

      • The promotion begins on September 2nd, 2025.
    • Only one bonus is available per Tax Identification Number per promotional period.

    • Eligibility Requirements:

      • Only personal savings accounts are eligible for the bonus offer. Checking accounts, certificates of deposit (CD) accounts and fiduciary accounts (e.g., trusts) are not eligible.
      • Opening of a new account will be subject to approval by Live Oak Banking Company in its sole discretion.
      • A new account must be opened between September 2, 2025 and September 30, 2025 to be eligible.
      • A new Live Oak Bank personal savings account must be fully funded with at least $20,000 by 11:59 p.m. Eastern Time on 09/30/2025 to be eligible for the bonus. If the account is not fully funded by September 30th, then the account is not eligible for the bonus offer.
      • All funding of the new personal savings account must consist of funds originating from an external financial institution to qualify; deposits or transfers originating from an existing Live Oak Bank account (whether personal or business) via internal transfer, CD redemption, check, ACH transfer, wire, or loan proceeds do not qualify.
      • Beginning on the date in September 2025 that the new account attains a balance of at least $20,000, if the balance remains equal to or exceeding $20,000 for 60 consecutive days, then the account will be eligible for the bonus if all other conditions are met. If all criteria are met, the $200 cash bonus will be deposited to your open, eligible account within 45 days following the expiration of the 60-day period.
    • Your new account must not be closed or restricted at the time of payout in order to receive the bonus. Live Oak Bank reserves the right to withdraw or withhold the bonus offer from any customer, with or without notice, if fraud or other suspicious activity is suspected.
    • Any promotional amounts received may be subject to taxation.

    • Existing Customers:

      • In addition to the other requirements for the bonus offer, existing Live Oak Bank customers must maintain their existing account balances (not including interest accrued but not credited to the account) at or above the end-of-day balance as of September 1st, 2025, 11:59:59 p.m. (ET) across their existing personal savings in order to be eligible.
  2. Live Oak Bank Savings Annual Percentage Yield (APY) is valid as of . No minimum opening balance or deposit required. Rates may change at any time without prior notice. Customers must have a balance of $0.01 to earn interest. Fees may reduce earnings.
  3. National savings average rate courtesy of the FDIC’s Weekly National Rates and Rate Caps, as of ; average rate used is for deposits under $2,500.
  4. Live Oak Bank Certificate of Deposit Annual Percentage Yield (APY) is valid as of and subject to change. The minimum deposit required to open is $2,500 and the maximum is $250,000 per account. Penalties may apply to early withdrawals. Fees may reduce earnings.
  5. Live Oak Bank is a member of the Federal Deposit Insurance Corporation (FDIC). Your deposits are insured up to $250,000 per depositor, for each account ownership category.