“ Live Oak Bank: Digital Banking for Small Business Success ”
About Live Oak Bnak
Live Oak Bank, part of Live Oak Bancshares, Inc. (NYSE: LOB), is a leading
digital-first bank serving U.S. small businesses. Without physical branches, it
leverages technology to provide fast, tailored banking solutions, including
SBA, USDA, and custom business loans.
Quick Overview
- Digital-First
Approach: Efficient banking without branch visits.
- Comprehensive
Lending: SBA, USDA, and Live Oak® Express loans across 30+ industries.
- High-Yield
Savings & CDs: Competitive APYs to grow deposits.
- FDIC
Insurance: Deposits insured up to $250,000, with additional coverage
options.
Direct Link To Offer
Recent Developments
- Core
System Upgrade: July 2025 cloud-based core system transition ensured
smooth operations and timely debit card delivery.
- Innovation
in Lending: Financing of Cascading AI, Inc. to automate Live Oak®
Express loans.
- Community
Engagement: “Live Oak Bank Day” encourages staff to connect with local
small businesses.
Review
In Q2 2025, Live Oak Bancshares posted strong growth,
reflecting its commitment to small business success even in uncertain economic
times.
Live Oak Bank blends technology, specialized financial products, and community
focus to empower entrepreneurs nationwide.
