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Average Joes can now bank at Goldman Sachs

2016-04-25 2 Dailymotion

Goldman Sachs can now be your banker.<br />The Wall Street icon has opened an online bank that's available to anyone who possesses a fews bucks in their bank accounts.<br />However, there are a couple of things to keep in mind.<br />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.<br />Other banks which offer higher yields are Dime Savings Bank of Williamsburg, Brooklyn, which is offering an APY of 1.1 percent.

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