Rates may change at any time without prior notice before or after the account is opened.
Live oak bank savings account.
No minimum opening balance or deposit required to open.
No minimum opening balance or deposit required to open.
To open a business savings account we will ask for the personal information of the authorized signers business information and bank account information.
Live oak bank savings annual percentage yield apy is valid as of 9 10 2020.
Open a bank account learn more.
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.
National savings average rate courtesy of the fdic s weekly national rates and rate caps as of.
No minimum balance to open but customers must have a balance of 0 01 to earn interest.
Live oak bank savings annual percentage yield apy is valid as of 9 10 2020.
Live oak bank does not currently offer business savings accounts for trusts.
Average rate used is for deposits under 100 000.
Rates may change at any time without prior notice before or after the account is opened.
At live oak bank there s no monthly maintenance fee for savings accounts.
Brick and mortar banks by comparison can charge between 3 and 10 a month for a basic savings account.
With live oak you re doing more than simply saving money your investments power progress in communities across the country.