Last updated on 2024-09-17
Interest can be automatically disbursed monthly
Convenient online banking
No physical banks
$2,500 & Above | |
---|---|
6 months | 4.40% APY |
9 months | 4.50% APY |
12 months | 4.60% APY |
18 months | 3.00% APY |
24 months | 2.00% APY |
36 months | 2.00% APY |
48 months | 2.00% APY |
60 months | 2.00% APY |
Receive up to 4.60% APY for Live Oak Bank Online High Yield CDs
Applicable for online placement only
Above rates are applicable to minimum placement of US$2,500 and maximum placement of US$250,000
Interest can be automatically disbursed monthly
Manage your renewal preferences online via app or website
At the time of maturity, the funds can be withdrawn or the certificate will automatically renew at the current interest rate offered for a CD of the same term
No monthly maintainence fees
Any early principal withdrawal before maturity date will result in a penalty of 90 / 180 days worth of interest for 6 or 12 or 18 months CDs / 24 or 36 or 48 or 60 months CDs
Click here to go to Live Oak Bank website for more details
Live Oak Bank is primarily an online bank but have their physical headquarters in a. Online banking is available via app or website for all customers. Customers can also manage external accounts from other banks through the Live Oak mobile app.
Live Oak Bank can be contacted via email or phone. Customers can also contact them about their CDs via phone on 866.518.0286 from Mondays to Fridays 8am - 8pm ET
Live Oak Bank is a member of FDIC which covers the deposits of a depositor to up to US$250,000