Women business owner looking at her business cd account on her tablet

Small Business CD Accounts

Discover why Forbes Advisor named us the Best for Small Business Banking—and choose a stable, trusted way to grow your business savings in an uncertain market.

Forbes Advisor 2026 award: Best for Small Business Banking
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Why Choose Live Oak Business CDs

Built for small businesses looking to grow savings with confidence

  • Flexible terms to match your savings timeline
  • Monthly interest payouts to support cash flow
  • Competitive rates to help your savings grow faster
  • Fixed, predictable returns for your business
  • A simple, secure way to grow your business savings

Features and Benefits

Fixed, High-Yield Rate

Lock in a competitive fixed rate for the term of your CD, providing predictable returns regardless of market fluctuations.

No Monthly Maintenance Fees

Keep more of your earnings with an account that has no monthly maintenance fees.

FDIC-Insured Protection3

Your deposits are insured up to $250,000 per depositor, safeguarding your business from financial risks.

Online Renewal Preferences

Conveniently manage maturity and renewal preferences online, giving you greater control over your account.

Automatic Monthly Interest Payments

Earn interest throughout the term and receive automatic monthly interest disbursements.

Female business owner reviewing her business cd account on her tablet

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Business CD FAQ

Yes, Live Oak offers short-term business CDs. Businesses can choose from a range of term lengths starting at 3 months, along with longer-term options, allowing flexibility based on cash flow needs and investment timelines.

No, Live Oak does not specifically offer “jumbo” business CDs. Instead, Live Oak’s business CDs are designed to accommodate larger deposits across all available terms, rather than separating them into a distinct jumbo CD product category. Businesses can invest substantial amounts within the standard CD offerings, receiving competitive rates without needing a separate jumbo-tier product.

Yes, you may add up to four additional authorized signers for the Business CD (for a total of five authorized signers). Authorized signers must be a U.S. citizen or Permanent Resident and listed on the Entity Authorization provided at account opening.

To open a Business Certificate of Deposit, we will ask for the personal information of the authorized signers, business information, and bank account information. We will verify the information provided electronically.

Once this information is confirmed, you will enter an amount which will be transferred from the verified bank account into your new Business CD. You may add additional authorized signers after funding the account.

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