Marcus Bank CD Rates, Savings & Money Market Rates, Mortgage, Reviews

Today's 12-month CD rates can be found at 0.55%, 6-month CD rates at 4.55% and 3-month CD rates at 4.75%. Current savings rates are at 0.05% and money market rates are at 0.05%. Mortgage rates today on 30-year fixed loans are around 7.44%. All these rates, are more, can be found in our database of rates. Marcus Bank's 12-Month CD rates are at 5.10%, 18-Month CD rates are at 5.00%, 9-Month CD rates are at 5.00%, 6-Month CD rates are at 4.90%, 24-Month CD rates are at 4.40%. Marcus Bank's savings rates are at 4.40%.

To see how these rates compare to Marcus Bank rates, feel free to use our comprehensive rate tables for side-by-side comparisons of CD rates from Marcus Bank, savings rates and money market rates, with rates from other banks and credit unions below. You can use our bank rate lists to compare CD rates for all CD terms, with Marcus Bank CD rates. You can also compare savings rates, MMA rates and mortgage rates using our other rate lists.

Given that Marcus Bank's CD rates, and other rates, are continually updated to reflect market conditions, we recommend checking back frequently to get the best CD rates or other rates available. Have you opened an account or have any experiences at Marcus Bank? Share your experience about Marcus Bank by leaving a review below, or read customer reviews before you decide to use Marcus Bank.

Marcus Bank Texas Ratio

Marcus Bank's Texas Ratio is at 2.64%, which is considered excellent. The Texas Ratio for Marcus Bank is lower than the national average of all banks, currently at 6.24%. The Texas Ratio was developed in the early 1980s, and it is used to identify potential problem banks. Banks that have a Texas Ratio of 100% or more have a high chance of failing.

Overall, Marcus Bank is an excellent bank worth considering, with an overall rating of 5 stars out of 5 stars.

Rate

APY

vs Avg

12-Month CD

5.10%

2.90%

18-Month CD

5.00%

2.57%

24-Month CD

4.40%

2.46%

36-Month CD

4.30%

2.30%

48-Month CD

4.00%

2.17%

60-Month CD

3.80%

2.27%

Savings

4.40%

0.97%

MMA

N/A

1.66%

30-Year Fixed

N/A

7.30%

Marcus Bank

200 West St
New York, NY 10282

https://www.marcus.com

MonitorBankRates' Rating

5/5

★★★★★

Review Marcus Bank

Marcus Bank CD Rates and Interest Rates

Marcus Bank

12-Month CD

5.10%

Marcus Bank

18-Month CD

5.00%

Marcus Bank

9-Month CD

5.00%

Marcus Bank

6-Month CD

4.90%

Marcus Bank

Online Savings Account

4.40%

Marcus Bank

24-Month CD

4.40%

Marcus Bank

36-Month CD

4.30%

Marcus Bank

48-Month CD

4.00%

Marcus Bank

60-Month CD

3.80%

Marcus Bank

72-Month CD

3.70%

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

Compare Marcus Bank Rates with Other Competitive Bank and Credit Union Rates

Piedmont FSB

60-Month CD

1.30%

$500

Bank of Calhoun County

6-Month CD

2.50%

$1,000

First National Bank of Clarksdale

36-Month CD

0.50%

$500

The National Capital Bank of Washington

7-Month CD special

5.05%

$10,000

Riverside Bank of Dublin

6-Month CD

5.35%

$500

Compare Marcus Bank Mortgage Rates with Lenders Rates for Fixed and Adjustable Mortgages

Old National Bank

30-Year Fixed FHA

7.250%

9.002%

0.000

First Nations Bank

30-Year Fixed

8.375%

8.498%

0.000

Lake Shore Savings Bank

30-Year Fixed

8.250%

8.411%

0.000

Old National Bank

5/6M SOFR ARM

8.250%

8.361%

0.000

Lake Shore Savings Bank

20-Year Fixed

8.150%

8.354%

0.000

The mortgage rates presented are solely intended for informational use. Please consult the mentioned lenders for up-to-date mortgage rates. The actual mortgage rates and other loan conditions depend on the lender's approval and are not guaranteed.

Marcus Bank Information

Marcus Bank

200 West St
New York, NY 10282
New York
Established Date: 08/30/1990
FDIC Certificate #: 33124
Date of FDIC Deposit Insurance: 11/28/2008

Bank Holding Company: GOLDMAN SACHS GROUP INC THE
How Many Domestic U.S. Offices? 5
How Many Branches are There? 5

Website: https://www.marcus.com

Is Marcus Bank FDIC Insured? Yes

What is Marcus Bank's Cert number? 33124

What is the maximum amount for insured deposits? $250,000 per holder, per account

Marcus Bank Financials

Total Assets:	$490,799,000,000
Total Deposits:	$337,173,000,000
Equity Capital:	$50,384,000,000
Domestic Deposits:	$324,813,000,000
Net Income:	$1,654,000,000
Return on Assets:	0.6814%
Quarterly Return on Assets:	1.3500%
Pretax Return on Assets:	1.8467%
Pretax Quarterly Return on Assets:	1.8500%
Return on Equity:	7.3900%
Quarterly Return on Equity:	13.4100%
Common Equity Tier 1 Capital Ratio:	13.2579%
Tier 1 Risk-Based Capital Ratio:	13.2579%
Leverage Tier 1 (Core Capital) Ratio:	9.0075%
Total Risk-Based Capital Ratio (YTD):	15.5058%
Total Interest Income (YTD):	2.6051%

Headquarters:	New York
FDIC Field Office:	New York City
Regulator:	FED
County:	New York
# of Offices:	5
Metropolitan Statistical Area (MSA):	New York-Newark-Jersey City, NY-NJ-PA
Consolidated Metropolitan Statistical Area (CMSA):	New York-Northern New Jersey-Long Island, NY-NJ-CT-PA
OTS Region:	Northeast
FDIC Region:	New York

Source: FDIC

Marcus CD Rates

Marcus CD Rates are very competitive on the bank's regular certificates of deposit. 12-month CD rates are at 4.50% APY, 18-month CD rates are at 4.75% APY and 2-year CD rates are at 4.35% APY. Marcus is also offering a special 10-month CD with a current rate of 5.05% APY. The special 10-month CD is only available until 9/15/2023.

Those great CD rates from Marcus Bank are just a small sample, the complete list of CD rates at Marcus are listed below. The minimum deposit for all certificates of deposit is only $500, which makes opening a CD account in the reach of most people.

Marcus by Goldman Sachs was named after one of the firm's founders, Marcus Goldman, and was created as a digital platform to offer personal loans and savings accounts to consumers. Goldman Sachs is a multinational investment bank and financial services company that was founded in 1869.

Marcus Bank CD Rates: 4.50% APY 12-Month CD Rate - Best Deal

Marcus Bank, a subsidiary of Goldman Sachs, is a popular online bank that is offering some of very competitive CD rates on both short-term and long-term CDs. Current 6-month CD rates are at 3.90% APY, 12-month CD rates are at 4.50% APY and 72-month rates are at 3.70% APY.

Marcus Bank offers a range of banking products; besides the high-yield certificates of deposit (CDs), Marcus is also offering no-penalty CD and their new Rate Bump CDs.

Marcus Bank's CD rates are some of the most attractive in the industry. As mentioned earlier, the 12-month CD rate is currently at 4.50% APY, which is much higher than the national average of 1.49% APY. Additionally, Marcus Bank offers competitive rates for its other CD terms, ranging from six months to six years, all CD terms and CD rates are listed below.

Marcus Savings Rate: 2.50% APY Referral Bonus

Updated: Marcus' savings rate on the bank's online savings account has hit a new high of ~~2.20%~~ 2.50% APY thanks to an additional 1.00% referral bonus. Marcus just increased their savings rate, right before the Federal Reserve is expected to increase the fed funds rate by 75 basis points. This new savings rate at Marcus is now the best savings rate on our rate table.

Marcus Bank Best Savings Rate

Marcus Bank Savings Rates: 1.20% APY [Nationwide]

Marcus Bank savings rates on the bank's online savings account is one of the best savings rates available right now. Current savings rates at Marcus Bank are at 1.19 percent with a 1.20 percent annual percentage yield. Marcus' savings rate is four times the national average rate plus there is no minimum opening deposit.

Marcus Bank Best Savings Rates

Marcus Bank CD Rates: 12-Month Term 1.90% APY (National)

Marcus Bank CD rates on 12-month certificates of deposit are currently at 1.90% APY, one of the best 1-year CD rates available right now. Besides the 1-year rate, Marcus Bank CD rates on both short-term and long-term CDs are some of the highest rates available. There is a complete list of current CD rates below.

Marcus Bank CD Summary

Savings Rates - October 5, 2021

Checking on current savings rates online, the best savings rates available right now top out at 0.60 percent. Before the pandemic, we were scoffing at savings rates around 1.00 percent, now we would be happy to get a rate at 1.00 percent or higher.

Savings Rates October 5 2021 Savings rates plummeted during the pandemic, haven't recovered yet, and probably won't until the Federal Reserve increases the fed funds rate. At the beginning pandemic, when there were record job losses, people just stop spending, not to mention the limited options people had to spend money.

The downward pressure on savings rates wasn't only from the Fed lowering the fed funds rate, banks were flushed with deposits as well, driving savings rates even lower. Some national banks didn't want your money, offering savings rates of 0.05 percent. Read more...

Marcus CD Rates

Marcus CD rates are currently at 0.55 percent for a 12 month certificate of deposit, 0.55 percent is low historically, but competitive in this low interest rate environment. Marcus Bank is also offering several other certificates of deposits, ranging from 6 months to 72 months.Again, these CD rates at Marcus are low, but you will not get much better these days. When you compare these CD rates from Marcus with the FDIC national average, you get a little more perspective. The current FDIC national average 12 month CD rate is at 0.14 percent.

Explore Other Rate Deals

Brokerage Certificate of Deposits

Brokerage certificate of deposits differ from traditional Bank CDs because they are offered by a broker (a middleman) not directly from a bank. Brokers can include investment banks and financial institutions like Charles Schwab or Fidelity.

Current Mortgage Rates at 5.28%

Current mortgage rates, which are at 5.28 percent today, along with an $8,000 tax credit for first time home buyers and near record home affordability are all stabilizing the housing market.

Wells Fargo Bank Mortgage Rates

Wells Fargo Bank of California is offering some of the best mortgage rates currently available. The bank is offering several types of mortgages including conforming mortgages, jumbo mortgages, adjustable rate mortgages and FHA mortgages.