About Live Oak Bank Business Banking
The Live Oak Bank Business Savings & Checking from Live Oak Bank is one of the top-rated Business Banking options evaluated on MoneyCompared, earning an overall product score of 9.3/10. Live Oak Bank is the #1 SBA 7(a) lender in the United States and a top-rated online bank for both consumers and small businesses, offering Personal High-Yield Savings, Business Savings (4.00% APY), Business Checking, and Fixed-Rate CDs.
Key highlights include 4.00% APY on Business Savings, a fee structure of $0 Monthly on Business Savings, and Up to $10M extended FDIC coverage via ICS.
