Business Savings

BETTER THAN
YOUR BIG BANK

Earn 4.00% APY1 

 

Start Saving Now
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THREE SIMPLE STEPS TO OPEN

1. Apply

Apply in minutes. We’ll request business & personal information to verify your identity.

2. Fund

To fund your account, simply link an existing bank account and transfer funds.

3. Finalize

Congratulations! You've opened a high-yield savings account for your business.

make the most of your money

At Live Oak, we reward you with remarkable service and some of the most competitive savings and CD rates. Plus, banking with us means your money fuels the growth of small businesses across the country. 

4.00

% APY

Annual Percentage Yield1

Open an Account
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No monthly fee

Our accounts have no online banking or monthly maintenance fees

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FDIC insurance2

Funds deposited are insured up to $250,000

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Online account opening

Open your account in minutes and manage it completely online

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Human-powered service

Our customer success team is dedicated to providing you personalized support

1. Live Oak Bank Savings Annual Percentage Yield (APY) is valid as of 3/23/2023. 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. Fees may reduce earnings.

2. 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.

See Disclosures for details