What Marcus by Goldman Sachs is, in 2026
Consumer brand of Goldman Sachs Bank USA. Launched 2016. ~$100B+ in deposits across savings + CDs. Marcus Invest brokerage closed 2024 — Marcus is now savings/CDs only.
Safety and regulation
Goldman Sachs Bank USA holds the OCC national-bank charter; FDIC $250,000 per-depositor cover. Marcus deposits sit on the Goldman Sachs Bank USA balance sheet directly.
Who Marcus is for
Use Marcus if: you already have a checking account elsewhere and want headline-tier US savings APY from a chartered investment-grade bank. Use Ally Bank if you want one bank for checking + savings + brokerage.