Marcus by Goldman Sachs (GS) Pays 4% APY on 14-Month CD as Fed Holds Rates

The highest available certificate of deposit rate reached 4% APY on Saturday, June 6, 2026, offered by Marcus by Goldman Sachs on its 14-month term. The Federal Reserve has left its benchmark rate unchanged so far this year after cutting three times in 2025, leaving savers a narrow window to lock in elevated yields before potential declines. A $1,000 deposit in the 4% APY CD, compounded monthly, would grow to $1,040.74 over 12 months, earning $40.74 in interest. A comparable one-year CD at a more typical 1.52% APY would return just $15.20. With a $10,000 deposit, the 4% CD generates $407.42 in interest. Online banks and credit unions continue to lead with top rates, particularly on maturities of one year or less. Individuals seeking yield may consider locking in before the Fed resumes rate adjustments.