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SAVINGS PRODUCTS FOR SAVERS, SPENDERS and EVERYONE IN BETWEEN

Everyone deserves the chance to reach their goals. Live Oak Bank makes it easier with safe, secure, high-yield savings products — choose an FDIC-insured3 Savings Account for worry-free returns.

  • Earn 15x the National Average
  • FDIC Insurance Up to Maximum Allowed by Law
  • No Monthly Maintenance Fees
  • Interest Compounded Daily
  • Open an Account in Minutes

Compare our market-leading savings rates4 and see how you can make the most of your money.

Based on a balance:


Bank

APY

Est. earnings for 1 year

Ready to maximize your savings? Open an Account Today

During account opening, Live Oak Bank may ask for the following items to verify your identity:

  • Name
  • Address
  • Social Security Number
  • Date of Birth
  • Funding Account Information

Need to know more?
Visit Frequently Asked Questions

Need Assistance? Contact a Customer Success Manager by calling 866.518.0286.

Monday through Friday 8:00 a.m. – 8:00 p.m. ET

1. Live Oak Bank Savings Annual Percentage Yield (APY) is valid as of 11/1/2017. No minimum opening balance or deposit required to open. Rates may change at any time without prior notice, before or after the account is opened. No minimum balance to open, but for interest to post to your account you must maintain a minimum balance that would earn you at least $0.01. You may make up to 6 withdrawals from your Live Oak Bank Savings account per statement cycle, including preauthorized, automatic and telephone transfers.
See Disclosures for details.

2. National statement savings average rate courtesy of Bankrate.com’s 2016 Passbook & Statement Savings Study, as of 10/11/2017; survey is compiled semi-annually in April and October.

3. Live Oak Bank is a member of the Federal Deposit Insurance Corporation (FDIC). 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.

4. The APYs for other banks are provided by mybanktracker.com and are accurate as of 11/14/2017. The APYs are for the state of North Carolina.

Our Banking Team

  • Mark Moroz
    Director of Deposits

    Email Mark

  • Rob Ford
    Deposit Operations Team Lead

    Email Rob

  • Jennifer Merritt
    Customer Success Team Lead

    866.518.0286

  • Frances Nunnally
    Deposit Operations Assistant Team Lead

    866.518.0286

  • Nina Murray
    Customer Success Assistant Team Lead

    866.518.0286

  • Tara Gagnon
    Customer Success Manager

    866.518.0286

  • Mary Heidenreich
    Customer Success Manager

    866.518.0286

  • Taylor Deas
    Customer Success Manager

    866.518.0286

  • Jessie Barnhart
    Customer Success Manager

    866.518.0286

  • Mary Hensley
    Customer Success Manager

    866.518.0286

  • JT Biggs
    Customer Success Manager

    866.518.0286

  • Bailey Echols
    Customer Success Manager

    866.518.0286

  • Alexis Beall
    Customer Success Manager

    866.518.0286

  • Dillon Caraway
    Customer Success Manager

    866.518.0286

  • R.J. Pearsall
    Customer Success Manager

    866.518.0286