Live Oak Bank business CD rates
Live Oak Bank offers 9 business CD terms. The highest rate is 4.50% APY on the 1 year CD, which needs $2,500 to open. Rates were last checked November 9, 2026.
Rates by term
| Term | APY | Open with | Early withdrawal |
|---|---|---|---|
| 3 months | 3.00% | $2,500 | 90 days of interest |
| 6 months | 4.30% | $2,500 | 90 days of interest |
| 9 months | 4.40% | $2,500 | 90 days of interest |
| 1 year | 4.50% | $2,500 | 90 days of interest |
| 18 months | 4.30% | $2,500 | 90 days of interest |
| 2 years | 2.00% | $2,500 | 180 days of interest |
| 3 years | 2.00% | $2,500 | 180 days of interest |
| 4 years | 2.00% | $2,500 | 180 days of interest |
| 5 years | 2.00% | $2,500 | 180 days of interest |
APY means the yearly yield with compounding. The bank can change rates on new CDs at any time. A CD you already hold keeps its rate until the term ends.
How it works
- Minimum to open
- $2,500
- Maximum deposit
- $250,000
- Interest
- Compounded daily, paid monthly
- Rate type
- Fixed
- At the end of the term
- Renews on its own; 10 days to withdraw without penalty
- Adding money later
- Not allowed
- How to open
- Online
- Deposit insurance
- Insured by the FDIC
What the bank says about early withdrawal: Early Principal Withdrawal of a CD with a term less than 24 months 90 Days of Simple Interest Early Principal Withdrawal of a CD with a term 24 months or greater 180 Days of Simple Interest
Check these before you open
- Confirm today's rate with the bank. Rates change without notice.
- Make sure your type of business can open one.
- Write down the maturity date and the number of days you get to withdraw without a penalty.
- Read the bank's account agreement.
Common questions
What are Live Oak Bank's business CD rates?
3 months 3.00%, 6 months 4.30%, 9 months 4.40%, 1 year 4.50%, 18 months 4.30%, 2 years 2.00%, 3 years 2.00%, 4 years 2.00%, 5 years 2.00% APY, as of November 9, 2026.
How much does it cost to open a Live Oak Bank business CD?
The page we read says $2,500 to open.
What if I take money out of a Live Oak Bank business CD early?
The bank says: Early Principal Withdrawal of a CD with a term less than 24 months 90 Days of Simple Interest Early Principal Withdrawal of a CD with a term 24 months or greater 180 Days of Simple Interest
Where this comes from
Each fact was copied from the bank's own page. Where the bank allows it, we check it against the page again on a schedule.
- https://resources.liveoak.bank/hubfs/important-disclosures/businesss-terms-and-conditions.pdf
Used for: How interest is paid, Renewal, Adding money later
- https://www.liveoakbank.com/business-cd-accounts/
Used for: Rate type, How to open, Interest payout, Deposit insurance, Rate (APY), Minimum to open, Maximum deposit, Monthly fee
- https://resources.liveoak.bank/hubfs/important-disclosures/business-fee-and-limits-schedule.pdf
Used for: Early withdrawal penalty