A Certificate of Deposit, or CD, is a great way to maximize individual savings due to better rates of interest than your usual savings account.

Live Oak Bank has competitive rates compared to other banks.

Live Oak Bank got its charter just before the 2008 recession.

It helps small businesses obtain convenient financing.

Live Oak Bank was ranked #1 SBA 7(a) Lender and USDA B&I Lender by dollar volume for 2021. It focuses on simplifying the loan process for its customers.

Before discussing CD rates, it's important to define a CD.

The routing number for checking and savings accounts in Illinois is 071921891.

CDs have been one of the most popular savings instruments for many years.