Goldman Sachs’s Marcus Unit Offers 4.05% APY on 9-Month CDs
Marcus by Goldman Sachs is offering a 4.05% APY on its 9-month CD, outpacing the 1.53% national average for one-year terms. After three rate cuts in 2025 and no changes so far in 2026, this high-yield product could bolster Goldman Sachs’s deposit growth and net interest margins.
1. CD Rate Details
Marcus by Goldman Sachs has introduced a 4.05% APY on its 9-month certificate of deposit, marking the highest rate available among top CD offerings today.
2. National Average Comparison
This rate significantly exceeds the current 1.53% average for one-year CDs, highlighting Marcus’s competitive positioning in the deposit market.
3. Federal Reserve Rate Actions
The Federal Reserve implemented three rate cuts in 2025 and has held its policy rate steady throughout 2026, creating a window for banks to offer elevated deposit yields.
4. Implications for Goldman Sachs
By attracting deposits at higher rates, Goldman Sachs could expand its low-cost funding base, potentially enhancing its net interest margin and overall profitability.