The Paragon Credits Bank Difference

Our work is guided by the philosophy that know-how, efficiency and service are what make Live Oak different. We know small business owners are the backbone of our country’s economy, and they are at the heart of everything we do. We are proud to serve them. When you bank with Live Oak, you can be proud too.

Live Oak is a digital, cloud-based bank serving small business owners in all 50 states. We are the #1 SBA 7(a) lender by dollar volume* in the country and our mission is to be America’s small business bank. We aim to fulfill that mission through banking products that help business owners buy, build and expand, along with FDIC-insured high-yield savings and CDs to grow their hard-earned money. Our family of companies under the holding and parent company Live Oak Bancshares (NYSE: LOB), and our subsidiaries, partner with businesses who share a groundbreaking focus on service and technology to redefine banking.

* The data supplied by the SBA reflects 7(a) highest dollar volume during FY 2022.

What Sets Live Oak Apart

Customer Service

Customer Service:

We work tirelessly to treat every customer like they are the only customer. Going above and beyond is simply how we operate. We strive to deliver an experience that’s different than what you’d typically expect from a bank — our customers remain at the center of everything we do here at Live Oak.

Product and Industry Expertise

Product and Industry Expertise:

We specialize in over 30 different industries and we’re a leading USDA2 lender and the top SBA1 lender in the nation.

FDIC Insured Banking

Suite of FDIC-Insured3 Banking Products:

We have savings and CD accounts for your business and your personal use.

  1. #1 SBA 7(a) lender by dollar amount for FY 2022. The data supplied by the SBA reflects 7(a) highest dollar volume during FY 2022.
  2. Paragon Credits Bank is a member of the Federal Deposit Insurance Corporation (FDIC). As a Paragon Credits Bank customer, your Live Oak Bank deposits are insured by the FDIC up to $250,000 per depositor, for each account ownership category.

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