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Most Popular Goldman Sachs Bank USA Accounts

Account TypeAPYAccount NameMinMax
Savings1.70%High-yield Online Savings Account-$1mDetails »
CD2.20%High-yield 12 Month CD$500$1mDetails »
CD2.35%High-yield 3 Year CD$500$1mDetails »
CD2.80%High-yield 5 Year CD$500$1mDetails »
View all Goldman Sachs Bank USA accounts »

Overview / Commentary
200 West Street
New York, NY 10282

In December 2017, Goldman Sachs Bank USA re-branded to Marcus by Goldman Sachs - Goldman Sachs Bank USA. Marcus is the name the company had been using exclusively for their online lending business. The deposit offerings renamed the same, but Goldman rolled out a new and improved mobile experience with the new brand.

As of 2008, Goldman Sachs Bank USA, a DepositAccounts.com advertiser, is a commercial bank regulated by the Federal Reserve Board and insured by the Federal Deposit Insurance Corporation (FDIC). Thanks to its transition from an investment bank to a commercial bank, Marcus offers deposit products to both individuals and institutions, including interest-bearing online savings accounts and Certificates of Deposit (CDs). Their online savings accounts feature no minimum initial deposits to open. Their CDs feature relatively low initial deposit requirements, as well as customizable monthly interest disbursements. That is, although interest will automatically be added to the principal of the CD, customers can choose to transfer the interest to their Marcus savings account, or to an external bank account. Customers can also withdraw their interest penalty-free at any time. CD terms range from 6 months to 6 years.

All of Marcus’s deposit accounts feature convenient access to online banking, banking by phone, bank transfers, and wire transfers. Although they are an internet-only bank, funds can also be deposited via mailed checks..

Marcus by Goldman Sachs - Goldman Sachs Bank USA was established in 1990 as The Goldman Sachs Trust Company. The bank is owned by the Goldman Sachs Group, Inc., a multinational firm founded in 1869 and headquartered in New York, NY.

Related Posts

Goldman Sachs Bank USA Raises Online Savings Account Rate - 5/15/2018

Goldman Sachs Bank USA (now operating under the brand Marcus by Goldman Sachs) increased the rate of its Online Savings Account by 10 bps to 1.70% APY.

Savings Rate Updated To 1.70% - 5/15/2018

Savings rate updated to 1.70% https://www.marcus.com/us/en/savings

Small Rate Hikes on Five CDs at Goldman Sachs Bank USA - 4/27/2018

One month after its last round of CD rate hikes, Goldman Sachs Bank USA (Marcus by Goldman Sachs) increased the rates on five of its CDs today.

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Reviews (124)

Online banking with Goldman Sachs

Posted by: Accedata | May 8, 2018

I was looking to get a better APY on my savings than I was receiving in my savings account at the local bank. I searched online and compared several choices. Goldman Sachs savings offered a much higher rate with no fees. I opened an account easily online and transferred some money into it. I receive monthly account statements online and have had excellent customer service. I have earned way more than I would have at my regular bank and am very happy with my decision. Goldman Sachs has changed its banking name to "Marcus" for some reason, but as they say, "a rose by any other name smells as sweet," and I love the smell of money.

Recent change to Marcus was not a great move

The interest rates are very competitive, and the phone customer service has good availability. The problem is that they recently changed the website to Marcus.com, which has all of these fancy graphics but is actually much more difficult to use than the old gsbank.com. It's not a dealbreaker, but it still sucks that the bank management people don't understand that huge text and fancy graphics don't make the website a better user experience.

Marcus Is So Bad Website...

Previous GE Capital and GS Bank (which has same website look n feel derived from GE Capital bank) was decent to use and faster. But Goldman sachs introduced this new Marcus website platform really sucks... So bad website and have to scroll up and down to see just minor details of account... so bad website...they should replace this design and development team as by being my self web developer / software engineer... this is not acceptable response time from bank website! Hope GS bank will fix this slowness and ugliness of the site!


GS Bank was great. SInce the rebranding to Marcus the online banking experience has gone downhill. The website is just plain awful. It's tedious to navigate and slow. Hopefully Marcus execs read the complaints and make changes PRONTO.



Health Grade Components

FDIC Certificate #33124
Year Established1990
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.9%
Return on Equity - YTD5.65%
Annual Interest Income$3.69B
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$164.5B$159.1B
LoansQ4 2017vs Q4 2016$59.08B$47.00B
DepositsQ4 2017vs Q4 2016$115.7B$114.8B
Equity CapitalQ4 2017vs Q4 2016$25.55B$24.61B
Loan Loss AllowanceQ4 2017vs Q4 2016$354.0MM$219.0MM
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$293.0MM$167.0MM
Real Estate OwnedQ4 2017vs Q4 2016$24.0MM$6.0MM
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

Savings Rate Updated To 1.70%

agrberg   |  
Savings rate updated to 1.70%

Marcus Raises Savings Rate To 1.60%

Rickny   |  
Got an email today that Marcus raised it's saving rate to 1.60%1.60

Goldman Sachs Increases 5 Year CD To 2.75% APY

iamaroc   |  
Marcus 5 year CD rate - moved up to 2.75% APY (was 2.6%)

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Always verify rates and promotions with the bank or credit union. We are not Goldman Sachs Bank USA; we are a rate comparison website and cannot provide official rates or promotions.

Goldman Sachs Bank USA Savings Account Rates

1.70%-$1mHigh-yield Online Savings Account

Goldman Sachs Bank USA CD Rates

2.85%$500$1mHigh-yield 6 Year CD
2.80%$500$1mHigh-yield 5 Year CD
2.40%$500$1mHigh-yield 4 Year CD
2.35%$500$1mHigh-yield 3 Year CD
2.30%$500$1mHigh-yield 24 Month CD
2.25%$500$1mHigh-yield 18 Month CD
2.20%$500$1mHigh-yield 12 Month CD
0.70%$500$1mHigh-yield 9 Month CD
0.60%$500$1mHigh-yield 6 Month CD

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

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.