Small Business Checking

Banking for the self-employed
- No account opening or maintenance fees
- Pay bills, make deposits and transfer funds online
- Human-powered support
- Simple, safe, secure
Please come back to open your new account on Monday, August 23.
At Live Oak Bank, we remove monthly account fees, offer competitive interest rates, and put small business customers at the center of every decision we make.
Service
Our North Carolina-based customer success team is dedicated to providing you personalized support.
FDIC insurance1
Funds deposited with Live Oak Bank are insured up to the maximum allowed by law, which is currently $250,000.
Learn why FDIC insurance matters.
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 Savings Annual Percentage Yield (APY) is valid as of . 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. You may make up to 6 withdrawals from your Live Oak Bank Savings account per statement cycle, including preauthorized, automatic and telephone transfers. Fees may reduce earnings. APY may change at any time before or after account is open.
3. National savings average rate courtesy of the FDIC’s Weekly National Rates and Rate Caps, as of ; average rate used is for deposits under $2,500.
4. Live Oak Bank Certificate of Deposit Annual Percentage Yield (APY) is valid as of and subject to change at any time without prior notice. The minimum deposit required to open an account is $2,500 and the maximum amount is $250,000 per account. Penalties may apply to early withdrawals. Fees may reduce earnings.
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.
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