Featured Savings Rates
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GS Bank (Goldman Sachs Bank)

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.85%5-year CD5 Year CD
1.05%SavingsOnline Savings
1.20%1-year CD12 Month CD

Overview / Commentary
855-730-7283
200 West Street
New York, NY 10282

GS Bank (Goldman Sachs Bank) is the 15th largest bank in the nation. It was established in 1990 and as of September of 2016, it had grown to 802 employees. GS Bank (Goldman Sachs Bank)'s savings rates are 2X the national average, and it boasts an A+ health rating.

Related Posts

GS Bank (USA) Drops 5-Year CD Rate - 7/17/2016

GS Bank has dropped its 5-year CD rate from 2.00% APY to 1.85% APY.  So much for the "2% Club" (although Synchrony seems to be hanging in there).

12-Month CD Rate - 7/8/2016

Am I wrong, or did GS Bank just raise its 12-month CD rate to 1.20% APY? I haven't been following this maturity at all closely, but the last I remember it was at 1%, 1.05% or something around there.  5-year rate is still at 2% APY, thanks for small favors.  

GS Bank - the New Internet Bank from Goldman Sachs - 4/19/2016

Goldman Sachs Bank USA has completed the acquisition of the internet bank portion of GE Capital Bank.

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Put Your Savings at GS Bank

GS Bank is where I do the majority of my savings. Their interest rates are better than anyone that I have ever banked with in the past. I place my large personal savings accounts with them. I have been with them since they were GE Capital bank, before Goldman Sachs bought them out and have only had to contact them once since Goldman Sachs purchased them. I tend to get 12 and 24 month CDs through them along with my online savings account. Every time I let a CD mature I need to contact them to let them know what to do with the CD. Each time I do this the process is quick and takes less than 5 minutes. I always get great support and help from the people as they seem to be located in the Untied States, and can take care of my requests easily. The only thing I wish they had was a GS Bank mobile app. All of my other bank accounts have a mobile app I can use to check on my accounts with, but GS Bank does not. That is the only thing I wish that they would add. Other than that I'm exceptionally happy with GS bank, and recommend them to anyone looking for a good savings account!

Good place to bank

I opened a savings account with GS Bank. I was drawn towards this institution based on their competitive interest rate compared to the very low rates at the other banks I was using. In addition, while there are no physical locations for GS Bank, it was very easy to add another bank account to my GS Bank user profile. This allowed me to easily transfer money from my one bank account to my GS Bank account. The one downside of this is that it takes up to three to four days once the transfer is initiated for the money to actually show up in my account on the GS Bank website.

GS Bank

I opened a savings account with GS Bank. I was drawn towards this institution based on their competitive interest rate compared to the very low rates at the other banks I was using. In addition, while there are no physical location for GS Bank, it was very easy to add another bank account to my GS Bank user profile. This allowed me to easily transfer money from my one bank account to my GS Bank account. The one downside of this is that it takes up to three to four days once the transfer is initiated for the money o actually show up in my account on the GS Bank website.

Real Bad Experience

Tried to Open and On line savings Acct at GS , spent the 15 minutes typing everything for joint acct , then pass words , then secret names on and on.

Hit enter then I got we cannot open an account. , basically got rejected but no one can tell me why , did I enter something wrong or what .

Customer Service Rep said try Monday , I said you mean re enter everything without knowing where the error was or why ? They said yes.

Been married 39 years , same house for 17 , etc , just trying to open a simple savings account . But this system of rejecting without giving you a chance to fix is crazy . You have no idea how to fix.

VIEW MORE REVIEWS

Health
A+

Health Grade Components

Overall
FDIC Certificate #33124
Year Established1990
Employees802
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.97%
Return on Equity - YTD6.14%
Annual Interest Income$1.98B
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$158.4B$127.6B
LoansQ3 2016vs Q3 2015$47.83B$47.11B
DepositsQ3 2016vs Q3 2015$111.5B$80.73B
Equity CapitalQ3 2016vs Q3 2015$24.26B$22.68B
Loan Loss AllowanceQ3 2016vs Q3 2015$218.0MM$158.0MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$232.0MM$64.0MM
Real Estate OwnedQ3 2016vs Q3 2015$11.0MM$0
Rates
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GS Bank (Goldman Sachs Bank) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.05%--Online Savings

GS Bank (Goldman Sachs Bank) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.85%$500-5 Year CD
1.85%$500-6 Year CD
1.45%$500-4 Year CD
1.35%$500-3 Year CD
1.25%$500-24 Month CD
1.20%$500-12 Month CD
1.20%$500-18 Month CD
0.70%$500-6 Month CD
0.70%$500-9 Month CD
Locations

GS Bank (Goldman Sachs Bank) is an Internet only bank and does not have branch locations. Its headquarters is located at 200 West Street - New York, NY 10282