Certificate of Deposit Features Guide
| Interest Rate | |
| APY | 4.65% |
| Term Length | 18 Month |
| Minimum deposit amount | $2,500.00 |
| Maximum deposit amount | $250,000.00 |
| Balance Requirements | |
| Minimum Opening Deposit | - |
| Minimum Balance to Avoid Fees | - |
| Minimum Required Balance | - |
| Fees | |
| 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 |
| Account Opening | |
| Open Online | Yes |
| Insured by | F.D.I.C. |
| Statements | |
| Paper Statements | × |
| 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 Description
• No monthly maintenance fees
• Interest can be automatically disbursed monthly
• Manage your renewal preferences online
Rate History
| Date | APY |
|---|---|
| August 16, 2024 | 4.65% |
| June 5, 2024 | 4.75% |
| March 6, 2024 | 4.90% |
| December 23, 2023 | 5.10% |
| December 22, 2023 | 5.35% |
| December 21, 2023 | 5.10% |
| December 21, 2023 | 5.35% |
| September 26, 2023 | 5.35% |
| August 30, 2023 | 5.10% |
| August 20, 2023 | 5.05% |
Customer Reviews for Live Oak Banking Company (1)
Rated 1.00 stars out of 5 - based on 1 reviews
Yazmina
August 3, 2021 |
Opened for the higher rate, and the rate has stayed competitive even as rates have fallen across the board at all of these places so I cannot complain. But, what I will complain about are all of these constant emails the last two months about changes to the website, changes to my account, changes to the routing numbers, etc. It is really annoying and longwinded stuff, and the emails are the kind of emails that smell of something a senior partner in a law firm would send to a junior associate about their fax machine not working. Just not cool.