Live Oak Savings Account

They even compare this rate to other notable bank names.

Live oak savings account.

Rates may change at any time without prior notice before or after the account is opened. It was established in 2008 and as of june of 2020 it had grown to 603 employees. No minimum balance to open but customers must have a balance of 0 01 to earn interest. You may make up to 6 withdrawals from your live oak bank savings account per statement cycle including preauthorized automatic and telephone transfers.

Live oak bank savings annual percentage yield apy is valid as of 9 10 2020. 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. Fees may reduce earnings. Your ach should post to your external account within 1 2 business days.

Your information will be verified electronically. Fees may reduce earnings. At live oak bank there s no monthly maintenance fee for savings accounts. Live oak consistently offers a top tier apy to customers with its online savings account.

Check out the link above for more information on the account. 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. Check out more savings rates here on bcs so you can find an account that fits your needs. For the best experience check out our mobile app.

The live oak savings account does not include checks or a debit card. No minimum opening balance or deposit required to open. Penalties may apply to early withdrawals. The live oak savings account can only be opened online.

You may click get started on the homepage and follow the prompts to begin the quick three step application. While you can find a few online accounts with higher payouts this account offers one of the highest apys. The minimum deposit required to open an account is 2 500 and the maximum amount is 250 000 per account. Live oak bank personal savings rate falls to 0 70 apy eff.

The ach cutoff time is 4 00 p m. We will ask for your personal information and external bank account information. Live oak bank s savings rates are 35 higher than the national average and it has an a health rating. 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 minimum deposit required to open an account is 2 500 and the maximum amount is 250 000 per account.