Live Oak Bank vs U.S. Bank: what each publishes
As of October 17, 2026, Live Oak Bank takes these industries by its own published rules: AI and SaaS, with conditions. We hold no such rule from U.S. Bank.
Not a ranking: the two names are in alphabetical order. The free check applies every provider’s rules to your own answers.
Where it takes companies from
Policy by industry
| Industry | Live Oak Bank | U.S. Bank |
|---|---|---|
| AI and SaaS | With conditions | No published rule |
| Crypto | No published rule | No published rule |
| iGaming | No published rule | No published rule |
| Adult | No published rule | No published rule |
| Unlicensed financial services | No published rule | No published rule |
| Forex and CFD | No published rule | No published rule |
| Marketplace | No published rule | No published rule |
Where owners must live
Live Oak Bank
No published rule
U.S. Bank
No published rule
Rules about countries
Live Oak Bank
Account holders and authorized signers must be a United States citizen or Permanent Resident with a valid Social Security number. People lawfully admitted to the United States on a temporary basis who have DHS authorization to work are not eligible to open an account.
U.S. Bank
No published rule
Fees
Live Oak Bank
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Business Essential Checking | Not stated | USD 10, waived with a USD 1,000 average daily balance | · Source |
| Business Plus Checking | Not stated | USD 25, waived with a USD 25,000 average daily balance | · Source |
| Business Plus Analysis | Not stated | USD 100, an earnings credit can offset it | · Source |
U.S. Bank
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Business Essentials | Not stated | USD 0 monthly maintenance fee | · Source |
| Gold Business Checking Package | Not stated | USD 20, waivable (for example with a USD 10,000 average collected checking balance) | · Source |
| Platinum Business Checking Package | Not stated | USD 30, waivable (for example with a USD 25,000 average collected checking balance) | · Source |
| Premium Business Checking Package | Not stated | USD 34, an earnings credit can offset it | · Source |
Closing an account
Live Oak Bank
We may close an account at any time upon reasonable notice to you, and, if we close an account, tender the balance of the account to you, at our option, personally, by mail, or as otherwise requested by you.
U.S. Bank
If we close your account, we will send you notice within ten days after closing and/or indicate the closure on your next account statement.
Licence
| Licensee | Live Oak Bank | U.S. Bank |
|---|---|---|
| Licensee | Live Oak Banking Company · North Carolina state-chartered bank, Member FDIC (FDIC cert 58665) | U.S. Bank National Association · national bank chartered by the OCC, Member FDIC (FDIC cert 6548) |
| Regulator | FDIC · | FDIC / OCC · |