Marcus (GS) Offers 4% APY on 14-Month CD as Fed Holds Rates Steady

Marcus by Goldman Sachs (GS) features a 14-month certificate of deposit with a 4.00% annual percentage yield, the top available rate as of May 30, 2026, as the Federal Reserve leaves its benchmark interest rate unchanged in 2026 after three cuts last year. Online banks and credit unions continue to offer the most competitive yields, with the highest returns concentrated on short-term CDs of around one year. The Fed’s pause may represent a closing window for investors seeking to lock in elevated rates before potential declines. A $1,000 deposit in the 4% APY CD would grow to $1,040.74 at maturity, including $40.74 in interest. By contrast, the same amount placed in a one-year CD yielding 1.52% APY would generate just $15.20 in interest. For a $10,000 deposit, the 4% CD yields $407.42 in interest over the term.