Goldman Sachs Bank USA

200 West Street
New York, NY 10282

Goldman Sachs Bank USA
 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 33124
Date Established 1990
Assets $177.47 billion
Loans $69.33 billion
Deposits $127.69 billion
Capital $26.61 billion

Goldman Sachs Bank USA is an FDIC insured institution located in New York, NY. It was founded in 1990 and has approximately $177.47 billion in assets. Customers can open an account at one of its 5 branches.

For a more detailed analysis of Goldman Sachs Bank USA's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Goldman Sachs Bank USA’s loan portfolio are Commercial and Industrial Loans, 1-4 Family Residential Loans, and Commercial Real Estate.

Compared to other banks, Goldman Sachs Bank USA’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 11.33
Multifamily
Mortgages
0.55
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 3.17
Commercial Real Estate 9.23
Commercial and Industrial Loans 23.36
Farm Loans 0.00

Deposit Rates - December 14, 2018

Your Current Location: Virginia, VA 20146

Online Only Savings Rates of Marcus

Online Savings Rates APY MIN MAX

Online Only CD Rates of Marcus

Online CD Rates APY MIN MAX
9 Month CD
0.70% $500 - Learn MoreShow Less
12 Month CD
2.65% $500 - Learn MoreShow Less
13-Month No Penalty CD
2.25% $500 - Learn MoreShow Less
18-Month CD
2.65% $500 - Learn MoreShow Less
24 Month CD
2.70% $500 - Learn MoreShow Less
36 Month CD
2.75% $500 - Learn MoreShow Less
48 Month CD
2.80% $500 - Learn MoreShow Less
60 Month CD
3.10% $500 - Learn MoreShow Less
There are currently no rates available for Goldman Sachs Bank Usa, but see these great savings and CD rates:

Advertiser Disclosure

Bank Online Offers

Marcus Raises All CD Rates
Sep 4, 2018

Marcus, the online bank owned by Goldman Sachs, has raised all of its online CD rates this morning.   While all rates have been raised, their one-year rate is now at 2.55% which is one of the highest online one-year CDs available.

Editor’s Note: Marcus is an advertiser on BestCashCow. Please read our Advertiser Disclosure here.


Marcus Raises Online Savings Rate to 2.05%
Oct 26, 2018

Marcus has raised its online savings rate to 2.05%.   The rate is available online and has a $1 minimum.

 

 


Marcus Raises No Penalty CD Rate to 2.25% APY
Dec 11, 2018

Marcus has raised its 13-Month No Penalty CD rate to 2.25% APY.   Since the rate is 20 basis points above Marcus's online savings rate and the account may be closed at any point after one week without penalty, this product offers an easy way to boost your savings rate.


Loan Rates - December 14, 2018

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Goldman Sachs Bank USA

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Ally Bank
NMLS ID: 181005
4.701% 4.625% 0.50 $2,296 $1,286 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.375% 5.375% 0.00 $0 $1,400 Learn More
HSBC Bank USA N.A.
NMLS ID: 399799
4.796% 4.750% 0.00 $1,451 $1,305 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More

Note to Goldman Sachs Bank USA
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Goldman Sachs Bank USA branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Goldman Sachs Bank USA Locations

Financial Details

Goldman Sachs Bank USA Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Goldman Sachs Bank USA. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Goldman Sachs Bank USA U.S. Bank Average
1.54% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2018, Goldman Sachs Bank USA had $392,000,000 in non-current loans and $23,000,000 in owned real estate. To cover these potential losses it had $26,607,000,000 in equity and $412,000,000 in loans loss reserves. That gives it a Texas Ratio of 1.54%.

Return on Equity
Goldman Sachs Bank USA U.S. Bank Average
8.03% 9.77%

Goldman Sachs Bank USA has a Return on Equity of 8.03% versus the BestCashCow average of 9.77%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Goldman Sachs Bank USA U.S. Bank Average
14.99% 12.31%

Goldman Sachs Bank USA has a Capitalization of 14.99% versus the BestCashCow average of 12.31. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Goldman Sachs Bank USA Balance Sheet Analysis

As of June 30, 2018, Goldman Sachs Bank USA had assets of $177,468,000,000, loans of $69,329,000,000, and deposits of $127,685,000,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2018
ASSETS
Cash & Balances due from depository institutions $49.59 billion
Interest-bearing balances $49.30 billion
Total securities $2.42 billion
Federal funds sold and reverse repurchase $22.55 billion
Net loans and leases $69.33 billion
Loan loss allowance $0.41 billion
Trading account assets $22.46 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.02 billion
Goodwill and other intangibles $0.07 billion
All other assets $10.96 billion
     Total Assets $150.86 billion
LIABILITIES
Total deposits $127.69 billion
      Interest-bearing deposits $127.68 billion
      Deposits held in domestic offices $127.69 billion
      % insured (estimated) 66.24%
Federal funds purchased and repurchase agreements $0.78 billion
Trading liabilities $6.91 billion
Other borrowed funds $2.72 billion
Subordinated debt $4.25 billion
All other liabilities $8.51 billion
      Total Liabilities $150.86 billion
      Shareholders’ Equity $26.61 billion

Summary Income Statement

June 30, 2018
INCOME AND EXPENSES
Total Interest Income $2.60 billion
Total Interest Expense $1.28 billion
Net interest income $1.32 billion
Provision for loan and lease losses $0.14 billion
Total non interest income $1.21 billion
Total non interest expense $1.03 billion
Pre-tax Net Operating Income $1.36 billion

Frequently Asked Questions About Goldman Sachs Bank Usa

Branches and Savings

Is Goldman Sachs Bank Usa FDIC insured?

Yes. It is covered under FDIC Certificate #33124.

Why does Goldman Sachs Bank Usa pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Goldman Sachs Bank Usa CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Goldman Sachs Bank Usa a commercial bank?

Yes

Where are Goldman Sachs Bank Usa locations?

See branch locations nearby.

Is Goldman Sachs Bank Usa open on Saturdays?

Is Goldman Sachs Bank Usa open on Sundays?

What time does Goldman Sachs Bank Usa open?

What time does Goldman Sachs Bank Usa close?

Are Goldman Sachs Bank Usa ATMs Open 24/7?

Do Goldman Sachs Bank Usa ATMs accept cash deposits?

Can Goldman Sachs Bank Usa customers use other ATMs?

Do Goldman Sachs Bank Usa branches have notaries?

Will Goldman Sachs Bank Usa notarize my document?

What address for Goldman Sachs Bank Usa should I put for incoming ACH transfers?

Will the Goldman Sachs Bank Usa branch print checks?

Do Goldman Sachs Bank Usa checks expire?

Does Goldman Sachs Bank Usa require US citizenship to open account?

Can Goldman Sachs Bank Usa close my account?

Does Goldman Sachs Bank Usa Report to credit bureaus?

Does Goldman Sachs Bank Usa Use Equifax?

What is Goldman Sachs Bank Usa's ACH Routing Number?

What is Goldman Sachs Bank Usa's SWIFT code?

Products

Does Goldman Sachs Bank Usa offer mortgages?

Compare mortgage rates here.

Does Goldman Sachs Bank Usa offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Goldman Sachs Bank Usa offer personal loans?

Compare personal loan rates here.

Does Goldman Sachs Bank Usa offer student loans?

Will Goldman Sachs Bank Usa cash a check?

Will Goldman Sachs Bank Usa redeem a savings bond?

Does Goldman Sachs Bank Usa cash savings bonds?

Will Goldman Sachs Bank Usa cash money orders?

Can Goldman Sachs Bank Usa issue a money order?

Does Goldman Sachs Bank Usa do currency exchange?

Background on The Bank

Who owns Goldman Sachs Bank Usa?

How long has Goldman Sachs Bank Usa been around?

Can Goldman Sachs Bank Usa transfer to other banks?

Does Goldman Sachs Bank Usa have quick pay?

Does Goldman Sachs Bank Usa accept rolled coins?

Will Goldman Sachs Bank Usa accept loose change?

Where is Goldman Sachs Bank Usa headquarters?

Customer Reviews for Goldman Sachs Bank USA


  • Bob peron

    October 16, 2017 |

    I have saving, and CD with GS, Discover bank and my local bank. Discover offered a 12 month CD for 1.35%. Went to GS to check them, they were offering 12 mo for 1.5%. Took out 3 CD for grandchildren and 3 days later, they changed rates to 1.65%. They gave it to me automatically. All on line. Their online savings is 1.20 %.

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*All images, logos and public notes on this page appear courtesy of Goldman Sachs Bank Usa and are not subject to approval of BestCashCow. BestCashCow expressly disclaims all responsibility for this content.