Goldman Sachs' Marcus Offers 4% APY on 14-Month CD
GS•Goldman's Marcus platform is offering a 4% APY 14-month CD, the highest rate available today. After three Federal Reserve rate cuts in 2025 and unchanged rates in 2026, deposit yields vary widely, making this CD a competitive funding source for Goldman Sachs' retail bank.
1. Leading CD Offer
Goldman's consumer banking unit Marcus has launched a 14-month certificate of deposit offering a 4% annual percentage yield, the highest rate available across major institutions today. Interest compounds daily, and the product caters to investors seeking short-term fixed income over traditional one-year CDs.
2. Competitive CD Rate Environment
After the Federal Reserve cut its fed funds rate three times in 2025 before leaving rates unchanged in 2026, CD yields have varied notably among banks, with online banks and credit unions also vying for deposits. Marcus's competitive rate positions Goldman Sachs to capture additional retail funding in a market where deposit rates are broadly rising.
