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.
How it stacks up.
Varo Money 82
OCC
First US neobank to receive an OCC national bank charter (July 2020). Direct FDIC member — your money sits at Varo Bank, N.A., not a sponsor. Headline 5.00% APY savings rate on the first $5K with direct deposit — among the highest in the US neobank market.
SoFi 79
OCC
The only public US neobank holding both a national bank charter and a brokerage license. Bundles checking, savings, investing, and lending in a single relationship — incentive structure rewards multi-product customers via Plus-tier rate boosts. Closest US analogue to Revolut's all-in-one model.
Chime 74
FDIC
The largest US neobank by user count. Partner-bank model gives FDIC pass-through cover to $250K via The Bancorp Bank and Stride Bank — Chime itself is not a chartered bank. Aggressive fee-free positioning, early-paycheck access, and a domestic ATM network of 60K+ are the headline value props.