Earn Up To 4.60% APY: Live Oak Bank’s Best Personal & Business CD Account Rates (Nationwide)

Live Oak Bank is offering great rates for their online certificate of deposit (CD) accounts for consumers and businesses. See the current rates below.

Update 12/27/2022: The APY rates for several term lengths increased.

• Live Oak Bank is an online bank serving small businesses and individuals nationwide.
• They offer FDIC-insured high-yield savings and CDs that pay competitive rates.
• Live Oak offers a mobile app that includes useful functionality for CD customers, such as the ability to manage CD maturity options.
• Their parent company is Live Oak Bancshares (Nasdaq: LOB).

See the Posts History below for all Live Oak Bank’s offers.

Live Oak Bank Personal & Business CD Account Details

Live Oak Bank CD accounts are available with terms ranging from 6 months to 5 years.

Here is a table with the current rates for the most popular personal and business CD terms offered by Live Oak.

Term	APY
6 Month CD	4.35%
1 Year CD	4.60%

• Available nationwide
• Minimum for APY: $2,500
• Maximum for APY: $250,000

How To Open An Account

• Use the link above to start the online opening process.
• When you open an account, they will ask you for your name, address, date of birth and other information that will allow them to identify you.
• They may also ask to see your driver’s license or other identifying documents.

Posts History for Live Oak:

• Live Oak Bank Personal & Business Savings Accounts Earn 3.50% APY (Nationwide)
• [Expired] Live Oak Bank Promotions: $300 Business Checking, $200 Savings Bonuses (Nationwide)

Read more: Compare with the nation’s best CD rates here.

Read more: See promotions from Chase Bank, BMO Harris, Bank of America, TD Bank, and U.S. Bank.

Read more: See the best bank promotions here and the best investing promotions here.