Sallie Mae Bank

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

Online Rates - November 29, 2022

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 2005. It has approximately $27.37 billion in assets.

Overview 2022

General Information of the Parent Bank

FDIC Insured Yes
Insured Parent Bank Sallie Mae Bank
FDIC Certificate # 58177
Date Established 2005
Assets $27.37 billion
Loans $19.22 billion
Deposits $20.18 billion
Capital $2.55 billion


Customer Reviews for Sallie Mae Bank (2)

Rated 1.00 stars out of 5 - based on 2 reviews
  • 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 These are like cash rates since the can be withdrawn after 6 days with no penalty, but if you are an existing customer (like me, for over 10 years) you cannot take advantage of these.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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