Live Oak Bank Savings Account

Brick and mortar banks by comparison can charge between 3 and 10 a month for a basic savings account.

Live oak bank savings account.

Rates may change at any time without prior notice before or after the account is opened. No minimum opening balance or deposit required to open. Live oak bank does not currently offer business savings accounts for trusts. 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.

With live oak you re doing more than simply saving money your investments power progress in communities across the country. At live oak bank there s no monthly maintenance fee for savings accounts. Live oak bank savings annual percentage yield apy is valid as of 9 10 2020. You ll be rewarded with personalized support and some of the most competitive savings and cd rates on the market.

Average rate used is for deposits under 100 000. Live oak bank savings annual percentage yield apy is valid as of 9 10 2020. National savings average rate courtesy of the fdic s weekly national rates and rate caps as of. Open a bank account learn more.

What is the process to open a live oak bank business savings account. 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.