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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.