Live Oak Bank Certificate of Deposit
Unable to determine — no product data available.
Unable to determine — no product data available.
SwitchWize was unable to complete a meaningful competitive analysis for this Live Oak Bank CD because the source page returned a 404 Not Found error. No rate, term structure, minimum deposit, or fee information could be extracted or verified. The VERIFIED_APY field was also marked as not available, leaving no ground-truth rate to anchor any comparison. For context, the current Fed Funds Rate sits at 3.63%, and top-tier nationally available CDs in SwitchWize's database are clustered competitively around that level. Live Oak Bank has historically been a notable online-bank competitor in the savings and CD space, but SwitchWize cannot confirm whether their current offerings remain competitive, have been restructured, or have been temporarily removed from the site. Until a live, scrapeable product page is restored, this listing cannot receive a rate rank or competitive score. SwitchWize will re-crawl this URL automatically. If you are considering Live Oak Bank CDs, verify current terms directly with the institution before making any deposit decision.
Confirm the rate and term are still available. Review the early-withdrawal penalty in the fee schedule — it can erase months of interest.
Jun 10, 2026
SwitchWize Research Desk · methodology
- No monthly maintenance fee
- FDIC insured up to $250,000
| Term | APY |
|---|---|
| 3 months | 3.00% |
| 6 months | 3.90% |
| 1 year | 4.10% |
| 1.5 years | 3.90% |
| 2 years | 2.00% |
| 3 years | 2.00% |
| 5 years | 2.00% |
Product page was unreachable at time of review. Visit liveoakbank.com directly or contact Live Oak Bank to confirm current CD offerings, terms, and opening procedures.
SwitchWize was unable to complete a meaningful competitive analysis for this Live Oak Bank CD because the source page returned a 404 Not Found error. No rate, term structure, minimum deposit, or fee information could be extracted or verified. The VERIFIED_APY field was also marked as not available, leaving no ground-truth rate to anchor any comparison. For context, the current Fed Funds Rate sits at 3.63%, and top-tier nationally available CDs in SwitchWize's database are clustered competitively around that level. Live Oak Bank has historically been a notable online-bank competitor in the savings and CD space, but SwitchWize cannot confirm whether their current offerings remain competitive, have been restructured, or have been temporarily removed from the site. Until a live, scrapeable product page is restored, this listing cannot receive a rate rank or competitive score. SwitchWize will re-crawl this URL automatically. If you are considering Live Oak Bank CDs, verify current terms directly with the institution before making any deposit decision.
What happens if I withdraw from a CD early?
Most CDs charge an early-withdrawal penalty — typically 60 to 150 days of interest depending on the term. Breaking a 12-month CD at month 3 with a 90-day penalty can reduce your effective yield to near zero. Always read the fee schedule before opening.
Is a CD FDIC insured?
Yes. Certificates of deposit at FDIC-member banks are insured up to $250,000 per depositor. The fixed rate and FDIC coverage make CDs one of the safest places to hold cash you can afford to leave untouched for the full term.
What is a CD ladder?
A CD ladder splits your savings across multiple CDs with staggered maturities — for example, 3-month, 6-month, and 12-month terms. As each CD matures, you reinvest at the current rate, giving you the higher rates of longer terms and regular access to a portion of your cash.
Can the CD rate change after I open it?
No. The APY on a standard CD is locked at the opening rate for the full term. This is the main advantage over a high-yield savings account: you know exactly what you will earn, regardless of future Fed rate cuts.
Rates are sourced from Bankrate and verified by SwitchWize. SwitchWize may earn a referral fee when you click through to a partner. Content is for informational purposes only and does not constitute financial advice. Verify current rates directly with the institution before opening an account.