Sallie Mae Bank

For information concerning Sallie Mae Bank parent bank, please click here.

Online Rates - September 27, 2023

Your current location is: Ashburn, VA

Money that you deposit is held by Sallie Mae Bank. Sallie Mae Bank is an FDIC insured institution founded in 0000. It has approximately $27.67 billion in assets.

Overview 2023

General Information of the Parent Bank

FDIC Insured Yes
Insured Parent Bank Sallie Mae Bank
FDIC Certificate # 58177
Date Established 0000
Assets $27.67 billion
Loans $19.25 billion
Deposits $20.52 billion
Capital $2.48 billion

Customer Reviews for Sallie Mae Bank (3)

Rated 1.00 stars out of 5 - based on 3 reviews
  • Called and asked them to match rates offered through save better for a 15 year client since directly offered rates are no longer competitive. Received nasty response. My only regret now is that I need to call back to close account (cannot do it online).

    Review on the Parent Bank
  • It is ludicrous in this day and age to have an account where it takes so long to get your money. This may be Sallie's racket, but I am out.

    Review on the Parent Bank
  • Sallie Mae is offering a 10-month no penalty cd at 1.85% and a 14-month no penalty cd at 2.20 on something called save better. These are like cash rates since the can be withdrawn after 6 days with no penalty, but if you are an existing customer (like me, for over 10 years) you cannot take advantage of these. They aren't available through the regular website.

    Review on the Parent Bank

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