Live Oak Bank CD Rates (November 2026) & Calculator

Live Oak Bank pays up to 4.50% APY on a 1-year CD. Pick a term to see what your deposit earns, how it compares and what breaking it early would cost.

Rates checked Nov 5, 2026FDIC cert #58665

Live Oak Bank CD rates (Nov 5, 2026)

Every CD term Live Oak Bank lists on its website, with what $10,000 earns over the full term.

Live Oak Bank CD rates by term and balance
Term	Product	Minimum	APY	$10,000 earns
3 months	Personal CD	$2,500	3.00%	$74.17
6 months	Personal CD	$2,500	4.30%	$212.74
9 months	Personal CD	$2,500	4.40%	$328.22
1 year	Personal CD	$2,500	4.50%	$450.00
18 months	Personal CD	$2,500	4.30%	$651.88
2 years	Personal CD	$2,500	2.00%	$404.00
3 years	Personal CD	$2,500	2.00%	$612.08
4 years	Personal CD	$2,500	2.00%	$824.32
5 years	Personal CD	$2,500	2.00%	$1,040.81

Special is a promotional rate. Relationship needs a linked account at Live Oak Bank. A dash means the same APY as the opening balance. The highlighted row is Live Oak Bank's top rate.

Source: Live Oak Bank CD rates. Rates change often; confirm before you open an account.

Live Oak Bank vs the national average

The FDIC national average is what banks and credit unions pay on average, weighted by deposits (Oct 19, 2026). The last column is the best rate among the 51 other banks we track for the same term.

Live Oak Bank CD rates compared with the FDIC national average
Term	Live Oak Bank	National avg	Best other bank
3 months	3.00%	1.14%	Popular Direct 4.30%
6 months	4.30%	1.39%	Popular Direct 4.35%
9 months	4.40%	1.39% (6 mo)	Synchrony 4.50%
1 year	4.50%	1.76%	Popular Direct 4.60%
18 months	4.30%	1.76% (12 mo)	Popular Direct 4.80%
2 years	2.00%	1.55%	E*TRADE 4.80%
3 years	2.00%	1.39%	Popular Direct 4.85%
4 years	2.00%	1.31%	Popular Direct 4.95%
5 years	2.00%	1.41%	Sallie Mae 5.00%

Live Oak Bank CD early withdrawal penalty

Live Oak Bank early withdrawal penalty by term
Term	Penalty
less than 24 months	90 days of interest
24 months and longer	180 days of interest

Example: $10,000 in a 1-year CD at 4.50%, withdrawn after 6 months, has earned $222.52. The penalty is $108.54, so you would get $10,113.98.

The penalty can reach your principal if it is more than the interest earned. Official disclosure (checked 2026-11-06).

Taxes on Live Oak Bank CD interest

CD interest is taxable as ordinary income, federally and in most states. You owe tax in the year the interest is credited or accrues, even if it stays in the CD until maturity. Live Oak Bank sends Form 1099-INT when you earn $10 or more in a year. For example, the $450.00 that $10,000 earns over 1 year at 4.50% would cost about $99 in federal tax in the 22% bracket.

If you pay an early withdrawal penalty, it appears in box 2 of your 1099-INT and you can deduct it from your income, even if you don't itemize. CDs held in an IRA follow IRA tax rules instead. See IRS Publication 550.

How We Calculate & Keep This Accurate

Maturity value is your deposit grown at the APY for the term: A = P × (1 + APY)^(months ÷ 12). The APY for each term is the highest balance tier your deposit qualifies for. Early withdrawal penalties are charged as simple interest on the deposit at the CD's interest rate (the APY converted to its daily rate), following Live Oak Bank's published rule for that term.

Rates come from Live Oak Bank's own rate page. We use the APY Ledger dataset (CC BY 4.0) to spot rate changes, and we checked a sample of rates and the penalty rules against Live Oak Bank's website and disclosures. Results are estimates, not an offer from the bank.

Primary Sources

Data & Freshness

Figures reflect 2026 tax-year data.

Last updated November 5, 2026 · Maintained by the Financial Calculator editorial team.

Live Oak Bank CD FAQs

Quick answers about Live Oak Bank CD rates and penalties.

What are Live Oak Bank's CD rates today?

As of Nov 5, 2026, Live Oak Bank's highest CD rate is 4.50% APY on the 1 year Personal CD. The full list of terms and balance tiers is in the table above.

How much will $10,000 earn in a 1-year Live Oak Bank CD?

At 4.50% APY, $10,000 grows to $10,450.00 after 1 year, earning $450.00 in interest. Change the deposit or term in the calculator to see other amounts.

What is Live Oak Bank's CD early withdrawal penalty?

less than 24 months: 90 days of interest. 24 months and longer: 180 days of interest. If the penalty is more than the interest earned, the rest comes out of your principal.

Are Live Oak Bank CDs insured?

Live Oak Banking Company is FDIC-insured (FDIC certificate #58665), so deposits are covered up to $250,000 per depositor, per bank, per ownership category.

How do Live Oak Bank's rates compare with the national average?

The FDIC's national average for a 12-month CD was 1.76% as of Oct 19, 2026. Live Oak Bank pays 4.50% for 12 months. Its best rate, 4.50% for 1 year, is 2.74 points above the national average for that term.

Compare CD rates at other banks

Best APY at each bank for a $10,000 deposit, checked Nov 5, 2026. Live Oak Bank's best is 4.50%.

Green rates beat Live Oak Bank's best rate. “rel.” means the rate needs a linked account. Need a bank that isn't listed? Use the CD calculator with any APY.