FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Live Oak Banking Company
  • Business
    • Loans
      • SBABenefit from government-backed financing with options extending up to $5 million and beyond.
      • USDAWe are ready to help create change in rural America with REAP and B&I loans up to $25 million.
      • Live Oak® ExpressGet an SBA loan up to $350,000 with affordable monthly payments and quick access to capital.
    • Banking
      • CheckingSeamlessly manage your business’s day-to-day transactions with our robust checking accounts designed to power your cash flow.
      • SavingsSecure your financial future while earning competitive interest with our high-yield savings account.
      • CDsLock in predictable returns and watch your savings grow with a high-yield Certificate of Deposit (CD).
    Business Card Icon

    Business Essential Checking

    $200 Bonus2

    When all requirements are met.

    Open Account
    Quick Access
    • Business Resources
    • Contact Loan Specialist
    (866) 518-0286

    Customer Success Managers are available
    Monday – Friday 8:00 a.m. – 11:00 p.m. EST.

  • Commercial
    • Specialty FinanceStrategic financing solutions to fuel expansion and capitalize on opportunities for lower-middle market and middle market businesses nationwide.
    • Project FinanceThe capital and expertise to support your real estate, energy, and infrastructure development projects.
    • Wilmington Business BankingAchieve your goals in the Wilmington market with local expertise, personalized service, and a full range of banking solutions.
    Business Card Icon

    High-Yield Business Savings

    $200 Bonus2

    When all requirements are met.

    Open Account
    Quick Access
    • Business Resources
    • Contact Loan Specialist
    (866) 518-0286

    Customer Success Managers are available
    Monday – Friday 8:00 a.m. – 11:00 p.m. EST.

  • Personal
    • Banking
      • SavingsGet the service and rate you deserve at  APY1.
      • CDsA CD is a great savings tool for your long-term financial goals. When interest rates fluctuate, you can be confident that you have a guaranteed rate of return on the money.
    Personal Card Icon

    High-Yield Personal Savings

      APY1

    No minimum required to open.

    Open Account
    (866) 518-0286

    Customer Success Managers are available
    Monday – Friday 8:00 a.m. – 11:00 p.m. EST.

  • Get Started
  • Sign In

Important Disclosures

Important Disclosures

Business Banking Terms & Conditions

Business Plus Terms and Conditions

Consumer Terms and Conditions

E-SIGN Consent

Privacy Disclosure

Business Schedule of Fees/Schedule of Limitations

Consumer Schedule of Fees/Schedule of Limitations

Business Entity Authorization

Business Disclosures

Online Banking Minimum Requirements

Live Oak Banking Company

Phone:
(866) 518-0286

Personal & Business Accounts App For managing your Personal Savings & CDs, Business Savings & CDs opened before July 21, 2025, and Tidal Business Checking.
Download on the App Store Get It On Google Play
Commercial Banking App For managing your Business Savings & CDs opened on or after July 21, 2025, and all Business Checking accounts (Essential, Plus, and Plus Analysis).
Download on the App Store Get It On Google Play
Company
  • About Us
  • Board of Directors
  • Careers
  • Contact Us
  • Corporate Philanthropy
  • Live Oak Ventures
  • Media
  • Our Leadership Team
  • Veteran Financing
Resources
  • Accessibility Statement
  • Construction Loans
  • Disclosures
  • Live Oak Bank Impacts
  • Investors
  • Online Privacy Notice
  • Privacy and Security
  • BusinessPulse
  • Resource Center
  • Support
  • Your Privacy Choices

© 2026 Live Oak Banking Company. All rights reserved. Member FDIC. Equal Housing Lender. Member FDIC | Equal Housing Lender | Small Business Administration

Dedicated To The Doers®
YouTube Twitter/X Facebook LinkedIn

Disclosures:

  1. 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.
  2. Important Information about this Business Essential Checking Bonus offer:
    • The window to participate in this promotion begins on April 1, 2026 and ends on April 30, 2026.
    • Customers must meet all requirements listed below to receive the $200 bonus.
    • This offer cannot be combined with any other Live Oak Bank promotional offer.
    • Limit one bonus per promotional period per business and per Tax Identification Number (TIN).
    • If multiple accounts or multiple businesses share the same TIN, only one bonus will be paid.
    • Who Is Eligible?
      • You are eligible to participate in this promotion if:
        • You open a new Business Essential Checking account.
        • You are a new Live Oak Bank Customer; OR an existing Live Oak Bank customer who does not have an open Business Checking account at the time of account opening.
        • Your new Business Essential Checking account remains open and not restricted at the time the bonus is paid out.
          • Opening of a new account will be subject to approval by Live Oak Banking Company in its sole discretion.
          • Live Oak Bank may deny, withdraw, or withhold the bonus if fraud or suspicious activity is suspected.
      • The following account types do not qualify for this promotion: All other Business Checking accounts, Personal or Business Savings accounts, Certificates of Deposit (CDs), and fiduciary accounts such as trusts.
    • How Do I Qualify?
      • You are eligible to participate in this promotion if all the following requirements are met:
        • Account Opening Window
          • The new Business Essential Checking account must be opened between April 1, and April 30, 2026.
        • New Money Funding Requirement
          • The new Business Essential Checking account must be funded with at least $5,000 in New Money no later than 11:59:59 p.m. ET on April 30, 2026.
          • “New Money” means funds deposited from an external financial institution, including external ACH transfers, external wire transfers, mobile check deposits, and mailed checks. Transfers from any Live Oak Bank account — including internal transfers, CD redemptions, checks drawn on another Live Oak account, or proceeds of Live Oak Bank loans — do not qualify as New Money.
          • Multiple deposits may be used to reach the $5,000 New Money requirement. Balances may exceed $5,000; only the average daily balance requirement applies.
        • Balance Maintenance Requirement
          • Beginning May 1, 2026, you must maintain an average daily balance of $5,000 or more in the new Business Essential Checking account for 90 consecutive days.
            • Average daily balance’ is calculated by adding the account’s end-of-day balance for each day in the 90-day qualification period and dividing that total by the number of days in the period; account fees may reduce balances.
          • Failure to maintain required average balance during the 90-day hold period will disqualify the customer for receiving the bonus.
        • FOR EXISTING LIVE OAK BUSINESS SAVINGS CUSTOMERS
          • To confirm that the new Business Essential Checking account is funded with external funds, Customers with an existing Live Oak Business Savings account must maintain their Business Savings balances during the promotion.
          • Businesses with existing Business Savings accounts will have a Benchmark Balance established. The Benchmark Balance is defined as the end-of-day ledger balance in the Business Savings account(s) as of 11:59:59 p.m. ET on March 31, 2026.
          • To remain eligible for the promotion, your combined Business Savings balance must not fall below the benchmark balance from April 30, 2026, through July 28, 2026.
            • This requirement applies only to the Business Savings account(s) and does not affect your checking account activity. Transfers from Live Oak Business Savings into the new Business Essential Checking account do not qualify as New Money.
    • How Will I Get Paid?
      • Bonus Payment
        • If all eligibility criteria are met, Live Oak will deposit the $200 bonus into your Business Essential Checking account within 45-days after the qualification period ends – expected no later than September 12, 2026.
        • The account must be open and not restricted at the time of payout.
        • Any promotional payout amount received may be subject to taxation.
    • Additional Requirements:
      • Live Oak Bank reserves the right to modify or discontinue this offer at any time without notice.
      • Live Oak Bank may deny or withhold the cash bonus if fraud or suspicious activity is suspected.
Connect with us
Choose Your Sign In
Personal & Business Accounts
  • Business Savings & CDs
    Opened before July 21, 2025 For Business Savings or CD accounts opened before July 21, 2025, that do not have a Business Essential or Plus Checking account, this is your login.
  • Tidal Business Checking
  • Personal Savings & CDs
Sign In
Commercial Banking
  • Business Savings & CDs
    Opened on or after July 21, 2025 For Business Savings and CD accounts opened on or after July 21, 2025, or Business Savings and CD accounts opened with a Business Checking account, this is your login.
  • Business Checking Accounts
    • Business Essential Checking
    • Business Plus Checking
    • Business Plus Analysis Checking
Sign In
Business Loans
  • Manage Payments
  • Get Statements
  • Continue an Application
Contact a Loan Specialist

Sign In
Open a New Account
You are about to leave the Live Oak Bank website.

Disclaimer: This link will take you to a website outside of the Live Oak Bank site. The new site may offer a different privacy policy and level of security. Live Oak Bank is not responsible for the products or services that are offered or expressed on other websites.

Yes, I understand. Please continue.
We're excited to help you open a business savings account!

But why stop there—would you ike to pair your savings with a business checking account?

Earn a high return while effortlessly handling your day-to-day business operations, all in one place.

No, Continue to Savings Explore Checking Options