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.
No minimum opening balance or deposit required to open.
You ll be rewarded with personalized support and some of the most competitive savings and cd rates on the market.
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.
No minimum balance to open but customers must have a balance of 0 01 to earn interest.
Open a bank account learn more.
At live oak bank there s no monthly maintenance fee for savings accounts.
Rates may change at any time without prior notice before or after the account is opened.
Live oak bank does not currently offer business savings accounts for trusts.
Live oak bank savings annual percentage yield apy is valid as of 9 10 2020.
No minimum balance to open but customers must have a balance of 0 01 to earn interest.
Average rate used is for deposits under 100 000.
What is the process to open a live oak bank business savings account.
Brick and mortar banks by comparison can charge between 3 and 10 a month for a basic savings account.
National savings average rate courtesy of the fdic s weekly national rates and rate caps as of.