High-Yield Business Savings


Grow your savings & skip the fees with no minimum balance or monthly fees, a rate you'll love & support you can trust.

Open business savings

Introduce yourself to get started, then you'll be directed to our online application.

Already a Live Oak customer? Sign in to get started.


Features & benefits



Check icon  High-Yield Rate

Your account will grow because we stay competitive.

Check icon  FDIC Insured2

Funds are insured up to the maximum allowed by law.

Check icon  Online Account Opening

Easily manage your account and add authorized signers.

Check icon  Connect with QuickBooks

Manage your business finances by linking your account.

Check icon  No Monthly Maintenance Fees

We don’t require you to keep minimum balance to avoid fees.

Check icon  Superior Customer Support

Our U.S.-based Customer Success Managers are ready to help you.


Documents to Have Ready

During the account opening process, you'll need to have the following documents & information ready to submit with your application:

Driver’s License

EIN/Business Tax ID

Articles of Organization

1. Live Oak Bank Savings Annual Percentage Yield (APY) is valid as of 4/1/2024. 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.