Marcus by Goldman Sachs offers FDIC-insured CDs with no minimum and competitive published rates. RMO Bank CDs offer member-rate pricing with multiple term and product options. Here’s how they compare.
Both FDIC-insured. Rate, product variety, and ecosystem differ.
CD rates at any bank change with the rate environment. Always check current posted rates before opening.
RMO Bank CDs vs. Marcus CDs on rate, product variety, and member benefits.
| Feature | RMO Bank Certificates of Deposit | Marcus by Goldman Sachs CDs |
|---|---|---|
| FDIC insurance | Yes — up to $250K | Yes — up to $250K |
| Standard CDs | Yes — 3 to 60 month terms | Yes — 6 to 72 month terms |
| No-penalty CDs | Available | Yes — 7, 11, 13 month no-penalty |
| Bump-up / rate-bump | Yes — bump-up CDs | Yes — rate-bump CDs |
| IRA CDs | Yes | Limited |
| Minimum deposit | $500 typical | $500 |
| Member-rate pricing | Yes | Standard market rate |
| CD ladder tools | MyRMO ladder builder | Manual |
| Early-withdrawal penalty (standard) | Varies by term | Varies by term |
| Bundles with other RMO products | Yes — via membership | Standalone deposit product |
Comparison details summarized for context. CD terms, rates, minimums, and penalties vary by bank and product. See current disclosures.
Marcus is a strong online CD product with no-penalty options worth using. RMO Bank CDs add member pricing, IRA CDs, and bundling.
3-month through 60-month CDs at posted member rates.
Open online and fund from any RMO Bank account or external ACH transfer.
Many members ladder across multiple terms for staggered maturity and rate diversification.
Member-rate pricing is typically competitive. Rates change frequently — check current RMO rates at /resources/rates and verify Marcus rates directly.
Yes — 7, 11, and 13 month no-penalty CD options are available with members able to withdraw early without penalty after a brief holding window.
Yes — IRA CD options are available. Marcus IRA-CD offerings are more limited as of recent product configurations.
A ladder spreads deposits across several CDs maturing at staggered intervals. You get rate diversification plus regular access as each rung matures. MyRMO includes a ladder-builder tool.
Standard CDs charge early-withdrawal penalty (varies by term length). No-penalty CDs let you withdraw without penalty after the initial holding period.
Guides, plans, and more RMO comparisons to help you decide with confidence.
FDIC-insured certificates of deposit at member rates. See current rates at /resources/rates.
