Marcus

Marcus is Goldman Sachs Bank USA. FDIC. Salt Lake City branch. High-yield savings and CDs. NerdWallet still has to write the sentence in 2026: there is no checking account and no ATM. Ally, SoFi and Varo remain the US salary banks on this desk. Park cash here if the APY wins. Do not try to receive payroll on a savings-only object.

Launched 2016. Personal loans were a SKU; the live US religion is deposits. Directories file it as a neobank because Goldman built an app. It is a bank savings franchise. Read the product list, not the wordmark.

Marcus lists Online brand of Goldman Sachs Bank USA, Member FDIC. Salt Lake City branch under FDIC / Federal Reserve / NYDFS in United States. On safeguarding we currently write: FDIC up to $250,000 per depositor per insured bank per ownership category at Goldman Sachs Bank USA. Holder / issuer line: Goldman Sachs Bank USA. An AML programme is claimed. There is no IBAN-class local rail on the flags we store. We list 1 live markets on the product. As we score the sticker: monthly $0 savings / CD; FX Not the job; ATM No consumer debit in 2026; interest HYSA / CD APY — rates move (published daily on marcus.com). This desk would open it for: US persons parking cash at a named bank — not anyone hunting a salary current account.

What it does well: Named FDIC bank; No monthly fee; No minimum on the savings SKU. What to watch: No checking; No debit / ATM; Not Ally’s cash-management breadth. Desk score 7.1 / 10 (safety 9.0, fees 8.8, features 5.4, app 7.6). Last verified 2026-08-30. Headquartered in Salt Lake City / New York, United States; founded 2016. None of this is advice — it is a file so you can read the entity before the card colour.