Live Oak Savings Account

Live oak bank certificate of deposit annual percentage yield apy is valid as of 9 10 2020 and subject to change at any time without prior notice.

Live oak savings account.

Brick and mortar banks by comparison can charge between 3 and 10 a month for a basic savings account. Live oak bank savings annual percentage yield apy is valid as of 9 10 2020. The live oak savings account can only be opened online. You may make up to 6 withdrawals from your live oak bank savings account per statement cycle including preauthorized automatic and telephone transfers.

Check out the link above for more information on the account. The minimum deposit required to open an account is 2 500 and the maximum amount is 250 000 per account. For the best experience check out our mobile app. You may click get started on the homepage and follow the prompts to begin the quick three step application.

Your information will be verified electronically. To do this log on to the live oak portal select transfer funds then select the from account to account and amount of the transfer. Live oak consistently offers a top tier apy to customers with its online savings account. We will ask for your personal information and external bank account information.

Click here to download. Fees may reduce earnings. At live oak bank there s no monthly maintenance fee for savings accounts. They even compare this rate to other notable bank names.

Rates may change at any time without prior notice before or after the account is opened. Fees may reduce earnings. It was established in 2008 and as of june of 2020 it had grown to 603 employees. Live oak bank is offering a great apy rate for its online savings account.

The minimum deposit required to open an account is 2 500 and the maximum amount is 250 000 per account. No minimum opening balance or deposit required to open. Your ach should post to your external account within 1 2 business days. Check out more savings rates here on bcs so you can find an account that fits your needs.

The live oak savings account does not include checks or a debit card. While you can find a few online accounts with higher payouts this account offers one of the highest apys. Penalties may apply to early withdrawals. Live oak bank certificate of deposit annual percentage yield apy is valid as of and subject to change at any time without prior notice.

The ach cutoff time is 4 00 p m.