Live Oak Bank 2026 Review

Mika L.
Written by Mika L.
Financial Content Writer

Live Oak Bank4.0/5

Rate (APY)
3.60% APY
Term
6 months
Minimum Deposit
$2,500
Promotion
N/A
Apply Now →on Live Oak Bank's website

Live Oak Bank's 6-month CD offers a competitive 3.60% APY, requiring a minimum deposit of $2,500. This option is ideal for those looking for a reliable, FDIC-insured investment with regular interest compounding.

Pros:

  • Competitive APY
  • FDIC-insured

Cons:

  • Higher minimum deposit

In summary, Live Oak Bank's 6-month CD is well-suited for individuals seeking a short-term, safe investment with a solid APY of 3.60%, making it an attractive choice for those who can meet the $2,500 minimum deposit requirement. Its reliability and FDIC insurance provide peace of mind for conservative investors looking to earn interest on their funds.

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Summary of all rates from our CD rate pages. Click column headers to sort.

Provider ↕Rate ↓Term ↕Min Deposit
Newtek Bank4.30% APY6 months$2,500Learn more
Limelight Bank4.15% APY6 months$1,000Learn more
Bread Savings4.15% APY9 months$1,500Learn more
Northern Bank Direct4.15% APY3 months$500Learn more
Synchrony Bank4.10% APY14 months$0Learn more
LendingClub4.10% APY8 months$500Learn more
Popular Direct4.05% APY1 year$10,000Learn more
Marcus by Goldman Sachs4.00% APY1 year$500Learn more
Sallie Mae Bank3.80% APY1 year$2,500Learn more
Colorado Federal Savings Bank3.80% to 4.00% APY5 years$5,000Learn more
Capital One 3603.75% APY1 year$0Learn more
Live Oak Bank3.60% APY6 months$2,500Learn more
CFG Bank3.35% to 3.90% APY5 years$500Learn more
Wells Fargo0.05% APY6 months$2,500Learn more

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