You no longer have to be rich and privileged to bank with Wall Street’s Goldman Sachs.

The financial firm has launched a new online banking service, GS Banking. If you’re looking for a piece of the American pie, GS Banking may be the place to start with. Charting in new territory when it comes to consumer banking, Goldman Sachs is appealing to the average Joe with no minimum deposit requirement, no transaction fees, and 1.05 percent interest rate.


According to NBC News, GS Banking is a part of Goldman’s new revenue-generation strategy. Goldman’s have experience profit losses and is feeling heat from the Fed’s on banking regulations.

To open up a savings account, visit gsbank.com.