Average Joes can now bank at Goldman Sachs
- 8 years ago
Goldman Sachs can now be your banker.
The Wall Street icon has opened an online bank that's available to anyone who possesses a fews bucks in their bank accounts.
However, there are a couple of things to keep in mind.
GSOnline.com is only offering savings accounts and while they offer a competitive annual percentage yield of 1.05 percent, there are banks that offer higher interest rates on savings accounts.
Other banks which offer higher yields are Dime Savings Bank of Williamsburg, Brooklyn, which is offering an APY of 1.1 percent.
The Wall Street icon has opened an online bank that's available to anyone who possesses a fews bucks in their bank accounts.
However, there are a couple of things to keep in mind.
GSOnline.com is only offering savings accounts and while they offer a competitive annual percentage yield of 1.05 percent, there are banks that offer higher interest rates on savings accounts.
Other banks which offer higher yields are Dime Savings Bank of Williamsburg, Brooklyn, which is offering an APY of 1.1 percent.