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Most Popular Goldman Sachs Bank USA Accounts

Account TypeAPYAccount NameMinMax
CD3.10%High-yield 5 Year CD$500$1mDetails »
CD2.55%High-yield 12 Month CD$500$1mDetails »
Savings1.90%High-yield Online Savings Account$1$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 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 Ups Rate of Savings Account to 1.90% APY - 9/19/2018

Goldman Sachs Bank USA (now operating under the brand Marcus by Goldman Sachs) increased the rate of its Online Savings Account by 5 bps to 1.90% APY.

Savings Upped To 1.90% APY - 9/19/2018

Checked this morning and Marcus is saying their savings is 1.90% APY (up from 1.85% and pulling just ahead of Ally). As usual I expect to see the rate change on existing accounts tomorrow morning.

Goldman Sachs Bank USA Hikes Rates on Seven High-yield CDs - 9/4/2018

Goldman Sachs Bank USA (now operating under the brand Marcus by Goldman Sachs) increased the rates on seven of its High-yield CDs today.

View all posts from:

Reviews (136)

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, which has all of these fancy graphics but is actually much more difficult to use than the old 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.

Beware Of Marcus

Posted by: Beware | Jun 2, 2018

I can only say I am very sorry I have three CDs with this institution. Following is why I am not happy at all.

1. The use of a users email as their name and log in is absure, other reviewers have stated they lost their money already.

Therefore that is why I believe they sent this out to all account holders today,

The requirement and the long list to absolve themselves of any responsibility sent today 6/01/2018 , unless you sign and agree you cannot log in is absured and sickining, therefore I have converted to paper statements. One reviewer on here stated they changed her benificiary. N

Numerous other both here and on the better business bureau, these reviews should be read before you get an account here. I requested today that they provide a list of the beneficiaried to me in writing on these accounts. First they told me they cannot do that, only when I stated I will be reporting them to the better business bureau did they say they would comply. I will wait to see what happens here.

I would suggest you read the fine print they want you to agree to before committing yourself, and that they own your information, furthermore their penalties are in fact outrageous, not to mention there are better instutions out there paying a much better rate, and not ripping off the public, with one years loss of interest.

They were good and website was good before they introduced this Marcus Brand. I did not deposit my money with Marcus at all. A total headache all around.
.Just not surprising at all this just released today 6/29/2018

The two Wall Street firms Goldman and Morgan Stanley, meanwhile, failed an annual "stress test" requiring them to maintain adequate financial strength even following a hypothetical severe recession and market downturn



Health Grade Components

FDIC Certificate #33124
Year Established1990
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.22%
Return on Equity - YTD8.03%
Annual Interest Income$2.60B
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$177.5B$151.2B
LoansQ2 2018vs Q2 2017$69.33B$50.68B
DepositsQ2 2018vs Q2 2017$127.7B$105.9B
Equity CapitalQ2 2018vs Q2 2017$26.57B$24.83B
Loan Loss AllowanceQ2 2018vs Q2 2017$412.0MM$271.0MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$392.0MM$333.0MM
Real Estate OwnedQ2 2018vs Q2 2017$23.0MM$24.0MM
  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 Upped To 1.90% APY

bankingar   |  
Checked this morning and Marcus is saying their savings is 1.90% APY (up from 1.85% and pulling just ahead of Ally). As usual I expect to see the rate change on existing accounts tomorrow morning.

Small Savings Increase AT Goldman Sachs(Marcus)

buckeye61   |  
Now 1.85%(Was 1.80&)

Goldman Sachs 3-Y. Brokered CD: New Issue, 3.05%

alan1   |  
listed at Vanguard; maturity date is July 19, 2021

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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

1.90%$1$1mHigh-yield Online Savings Account

Goldman Sachs Bank USA CD Rates

3.15%$500$1mHigh-yield 6 Year CD
3.10%$500$1mHigh-yield 5 Year CD
2.70%$500$1mHigh-yield 4 Year CD
2.65%$500$1mHigh-yield 3 Year CD
2.60%$500$1mHigh-yield 2 Year CD
2.55%$500$1mHigh-yield 12 Month CD
2.55%$500$1mHigh-yield 18 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 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.