Experience a better way to grow your money

Live Oak Bank makes it easier to save with secure, high-yield savings products — choose an FDIC-insured1 Online Savings Account or a Certificate of Deposit (CD) for worry-free returns.

Compare our high-yield savings products

Online Savings

Save for financial security
1.35%APY 3
Account Details

Features

  • No monthly maintenance fees, no minimum balance requirements
  • Interest compounded daily
  • FDIC insured1
  • Earn x the National Average2
  • Friendly customer support
  • Manage your account online or access it through our mobile app

Certificate of Deposit

  • 6 Mo.
  • 1 Year
  • 18 Mo.
  • 2 Year
  • 3 Year
  • 4 Year
  • 5 Year
6 Month CD
1.00%APY 4
Lock in your rate for predictable returns Account Details
1 Year CD
1.25%APY 4
Lock in your rate for predictable returns Account Details
18 Month CD
1.25%APY 4
Lock in your rate for predictable returns Account Details
2 Year CD
1.25%APY 4
Lock in your rate for predictable returns Account Details
3 Year CD
1.20%APY 4
Lock in your rate for predictable returns Account Details
4 Year CD
1.20%APY 4
Lock in your rate for predictable returns Account Details
5 Year CD
1.20%APY 4
Lock in your rate for predictable returns Account Details

Features

  • No monthly maintenance fees
  • Interest can be automatically disbursed monthly
  • FDIC insured1
  • Manage your renewal preference online
  • Friendly customer support
  • Manage your account online or access it through our mobile app

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. National savings average rate courtesy of the FDIC’s Weekly National Rates and Rate Caps, as of ; average rate used is for deposits under $100,000.

3. 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.

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.

See Disclosures for details.

Learn about your California consumer privacy rights & submit a personal information request.