Goldman Sachs’ Marcus Tops CD Rates with 4.05% APY 9-Month CD
Marcus by Goldman Sachs is offering a 9-month certificate of deposit at a leading 4.05% APY, the highest rate among major institutions. This premium CD could boost Goldman Sachs’ low-cost funding base as CD rates begin to decline following Federal Reserve rate cuts.
1. Highest Rate Offering
Marcus by Goldman Sachs is currently offering a 9-month certificate of deposit yielding 4.05% APY, the top rate among reviewed financial institutions. The product’s competitive positioning may attract savers seeking short-term, high-yield deposit options.
2. Potential Funding Benefits
By drawing additional deposits through premium CD rates, Goldman Sachs could enhance its low-cost funding base, offsetting higher wholesale funding expenses. Increased retail deposits help diversify the bank’s liability structure and support lending activities.
3. Federal Reserve Rate Outlook
Following three cuts totaling one percentage point in 2025, the Federal Reserve may enact further rate reductions in 2026, likely driving down deposit rates over time. Investors will watch how CD offerings adjust to changing policy and market funding costs.