We’re all saving for someone or something

Live Oak Bank makes it easier with safe, secure, high-yield savings products — choose an FDIC-insured1 Savings Account or a Certificate of Deposit (CD) for worry-free returns.

Compare our high-yield savings products

Business Online Savings

Interest Rate
Annual Percentage Yield (APY) 3
 
1.09%
1.10%
 

Features

  • Earn x the National Average2
  • FDIC Insurance Up to Maximum Allowed by Law
  • No Monthly Maintenance Fees
  • Interest Compounded Daily
  • Secure Electronic Statements

Business CD Rates

 
Interest Rate
Annual Percentage Yield (APY) 4
6 Month CD
2.32%
2.35%
1 Year CD
2.81%
2.85%
18 Month CD
2.86%
2.90%
2 Year CD
2.96%
3.00%
3 Year CD
3.00%
3.05%
4 Year CD
3.05%
3.10%
5 Year CD
3.10%
3.15%

Features

  • FDIC Insurance Up to Maximum Allowed by Law
  • No Monthly Maintenance Fees
  • Competitive Rates at a Variety of Terms
  • Bankrate Safe & Sound 5-Star Rating

1. Live Oak Bank is a member of the Federal Deposit Insurance Corporation (FDIC). As a Live Oak Bank customer, your Live Oak Bank deposits are insured by the FDIC up to $250,000 per depositor, for each account ownership category.

2. National savings average rate courtesy of the FDIC’s Weekly National Rates and Rate Caps, as of ; average rate used is for deposits under $100,000.

3. Live Oak Bank Savings Annual Percentage Yield (APY) is valid as of . No minimum opening balance or deposit required to open. Rates may change at any time without prior notice, before or after the account is opened. No minimum balance to open, but customers must have a balance of $0.01 to earn interest. You may make up to 6 withdrawals from your Live Oak Bank Savings account per statement cycle, including preauthorized, automatic and telephone transfers. Fees may reduce earnings.

4. Live Oak Bank Certificate of Deposit Annual Percentage Yield (APY) is valid as of and subject to change at any time without prior notice. The minimum deposit required to open an account is $2,500 and the maximum amount is $250,000 per account. Penalties may apply to early withdrawals. Fees may reduce earnings.

See Disclosures for details.