Branches
Your current location is: New York, NY
Sallie Mae Bank Locations
Rates - April 22, 2019
Your current location is: New York, NY
CD RATES
APY
MIN
MAX
6 Mo CD
2.20% $2,500
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12 Mo CD
2.70% $2,500
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18 Mo CD
2.70% $2,500
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24 Mo CD
2.70% $2,500
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36 Mo CD
2.85% $2,500
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60 Mo CD
3.10% $2,500
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MM RATES
APY
MIN
MAX
Money Market
2.30% $0
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Overview 2019
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 58177
Date Established
2005
Assets
$26.59 billion
Loans
$22.27 billion
Deposits
$19.33 billion
Capital
$2.91 billion
Summary Balance Sheet
ASSETS
Cash & Balances due from depository institutions
$2.65 billion
Interest-bearing balances
$2.61 billion
Total securities
$0.18 billion
Federal funds sold and reverse repurchase
$0.00 billion
Net loans and leases
$22.27 billion
Loan loss allowance
$0.34 billion
Trading account assets
$0.00 billion
Bank premises and fixed assets
$0.00 billion
Other real estate owned
$0.00 billion
Goodwill and other intangibles
$0.00 billion
All other assets
$1.41 billion
Total Assets $23.68 billion
LIABILITIES
Total deposits
$19.33 billion
Interest-bearing deposits
$19.33 billion
Deposits held in domestic offices
$19.33 billion
% insured (estimated) 95.32%
Federal funds purchased and repurchase agreements
$0.00 billion
Trading liabilities
$0.00 billion
Other borrowed funds
$4.13 billion
Subordinated debt
$0.00 billion
All other liabilities
$0.22 billion
Total Liabilities $23.68 billion
Shareholders’ Equity $2.91 billion
Summary Income Statement
INCOME AND EXPENSES
Total Interest Income
$1.94 billion
Total Interest Expense
$0.52 billion
Net interest income
$1.42 billion
Provision for loan and lease losses
$0.24 billion
Total non interest income
$0.03 billion
Total non interest expense
$0.52 billion
Pre-tax Net Operating Income
$0.69 billion
Sallie Mae Bank is an FDIC insured institution headquartered at
175 S West Temple, Salt Lake City, UT 84101.
