Live Oak Bank

Live Oak Bank, a subsidiary of Live Oak Bancshares, Inc. (NYSE: LOB), is a digitally focused, FDIC-insured bank serving customers nationwide. It specializes in providing banking and lending services primarily to small businesses, offering a suite of FDIC-insured products including business and personal savings accounts, certificates of deposit (CDs), and various loan options such as SBA, USDA, conventional, and custom business loans. The bank operates without physical branches, leveraging technology and innovation to deliver efficient, customer-centric service. It is the top SBA 7(a) lender by dollar amount for FY 2022 and a leading USDA lender, emphasizing safety, soundness, and profitability. Live Oak Bank differentiates itself through its industry expertise across over 30 sectors, a fully digital banking experience, and a strong commitment to customer service and financial soundness.