SMALL BUSINESS CHECKING

  • Access over 55,000 free in-network ATMs

  • No account opening or monthly maintenance fees
  • Deposit checks, pay bills & initiate transfers online
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Small Business Checking, Simplified

Live Oak’s FDIC-insured1, hassle-free small business checking account brings banking to your fingertips.

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No Hidden Fees

No account opening or monthly maintenance fees, no balance requirements

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Move Money with Ease

Deposit checks, pay bills, initiate transfers online – whenever, wherever

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Free ATM Access

Access over 55,000 free in-network ATMs

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Onboarding Support

One-on-one guidance to take the guesswork out of maximizing your account

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Fraud Protection

You won't be held responsible for unauthorized debit card transactions, whether they’re made over the phone, online or in-person2

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Real-Time Transaction History

You can view transactions and access the funds deposited into your account in real-time

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"Live Oak exceeded my expectations of an online bank. I assumed it would be all self-service. That changed when my Onboarding Guide JT introduced himself and helped me navigate new account setup, wire transfers, and answered my questions. I'm excited to have JT on my team as my business banker."

Ron, Tidal Small Business Checking Customer

New Account Opening Checklist

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Spend more time on your business and less time opening a checking account. Here are the main documents and information you need to open your new small business checking account.

Check icon  Social Security Number

Check icon  External bank account number & routing number

Check icon  Articles of Organization document

Check icon  Business EIN

 

FAQs

Is my account FDIC insured?
Yes. 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.
How do I deposit money into my account?
At this time, Live Oak does not accept cash deposits. Through online banking or the mobile app, you can easily deposit funds into your account by linking to an external bank account. Depositing funds is done through online banking, not at ATMs.
Is there a Live Oak branch location?
Live Oak Bank is branchless and cashless, so all interactions with Live Oak will be done through online banking or by calling us at 866.518.0286, Monday – Friday 8:00 a.m. - 8:00 p.m. ET.
Can I withdraw cash from an ATM?

Yes - we have partnered with the AllPoint network to provide you the freedom to get cash where you want, when you want, where you are. With over 55,000 ATMs in the Allpoint Network, it's never been more convenient to find a free ATM near you. The Allpoint ATM finder makes it easy to find a free ATM nearby. Click here to search any location: https://www.allpointnetwork.com/locator.aspx

If you choose to use an out-of-network ATM, Live Oak Bank won't charge you a fee, but the ATM owner may.

You can withdraw up to $1,000.00 from an ATM per day (this resets at midnight Central Time). If you would like to increase this daily limit, please contact a Customer Success Manager at 866.518.0286, Monday through Friday, 8:00 a.m. – 8:00 p.m. ET.

How do I deposit checks?
You can use mobile deposit to snap a picture and deposit a check through the Live Oak Bank® mobile app.
Who can get a Tidal small business checking account?
Authorized Signers must be a United States citizen or Permanent Resident with a valid Social Security Number. People lawfully admitted to the United States on a temporary basis who have DHS authorization to work are not eligible to open an account. We may request supporting documentation for verification. The following business entity types may open an account:

Corporation
Limited Liability Corporation
Sole Proprietorship
Partnership
Limited Partnership
Professional Corporation
Association
Non-profit
Who should I contact if I have a question?

Our Customer Success Managers are available Monday through Friday 8:00 a.m – 8:00 p.m. ET. You can reach them by calling 866.518.0286.

You may also request account support or access helpful resources by visiting our support site.

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. Live Oak Bank won't hold you responsible for “unauthorized transactions.” As a Mastercard cardholder, Zero Liability applies to your purchases made in the store, over the telephone, online, or via a mobile device and ATM transactions. As a cardholder, you will not be held responsible for unauthorized transactions if:

  • You have used reasonable care in protecting your card from loss or theft; and
  • You promptly reported loss or theft to Live Oak Bank.

If you have questions regarding Zero Liability coverage or you suspect unauthorized use of your card, contact Live Oak Bank IMMEDIATELY.