Live Oak Banking Company:
Online Certificate of Deposit - 0.75% APY

• No monthly maintenance fees
• Interest can be automatically disbursed monthly
• Manage your renewal preferences online

Fee and Feature Guide

Certificate of Deposit
Interest Rate
APY 0.75%
Term Length 12 Month
Minimum deposit amount $2,500.00
Maximum deposit amount $250,000.00
Balance Requirements
Minimum Opening Deposit $0.00
Minimum Balance to Avoid Fees $0.00
Minimum Required Balance $0.00
Early withdrawal penalty 90 days interest
Monthly Maintenance Fee N/A
Foreign ATM Fees N/A
Insufficient Funds Fee N/A
Incoming Wires N/A
Paper Statements Yes
Online Statements Yes
Online and Telephone Banking
Online Banking Yes
Telephone Banking ×
Mobile Banking Yes
Deposit Checks with Mobile Device Yes
Free Bill Pay Yes
Online Bill Payments Required Yes
Account Opening
Open Online Yes
Insured by F.D.I.C.

Customer Reviews for Live Oak Banking Company

  • September 1, 2021 |

    Online Savings Rates

    been here a while. generally pleased. friendly folks give impression of a local bank with online access. website was difficult to read and the new one is cleaner. i will continue to bank with them.

  • June 25, 2021 |

    Online Savings Rates

    A clear case of bait and switch advertising there CD rates and then constantly dropping then before anyone can open an acocunt. I have filed a complaint with CFPB.

  • April 22, 2021 |

    Online Savings Rates

    This is basically an online bank only. It is unknown here in Eastern NC, even though it claims to serve this area. I was happy to take the risk when the rate was good, After all the small drops, it isn't good any longer.

  • March 29, 2021 |

    Online Savings Rates

    Not the smoothest website, but good enough and they are staying competitive. I first opened the account 2 years ago after seeing it advertised here and have no had no reason to close. I have had both savings and CDs.

  • February 28, 2021 |

    Online Savings Rates

    Never really sure when interest is going to be posted to the account, otherwise it is excellent.

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