Rates may change at any time without prior notice before or after the account is opened.
Live oak bank savings account.
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.
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 does not currently offer business savings accounts for trusts.
No minimum opening balance or deposit required to open.
National savings average rate courtesy of the fdic s weekly national rates and rate caps as of.
Brick and mortar banks by comparison can charge between 3 and 10 a month for a basic savings account.
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.
No minimum opening balance or deposit required to open.
Live oak bank savings annual percentage yield apy is valid as of 9 10 2020.
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.
At live oak bank there s no monthly maintenance fee for savings accounts.
What is the process to open a live oak bank business savings account.
Open a bank account learn more.