Live Oak Bank is a fully digital bank that offers a wide range of banking products and services to both businesses and individuals. The bank specializes in high-yield savings accounts, certificates of deposit (CDs), and a variety of business loans such as SBA and USDA loans. They emphasize competitive interest rates and digital accessibility, allowing customers to manage their finances without physical branches. As an FDIC-insured institution, Live Oak Bank is committed to providing reliable and secure banking solutions. Additionally, they focus on personalized banking experiences by connecting directly with clients to tailor loan strategies that meet individual business needs.