Sallie Mae Bank
For information concerning Sallie Mae Bank parent bank, please click here.
Online Rates - December 22, 2024
Your current location is: Columbus, OH
Money that you deposit is held by Sallie Mae Bank. Sallie Mae Bank is an FDIC insured institution founded in 2005. It has approximately $28.73 billion in assets.
Overview 2024
General Information of the Parent Bank
| FDIC Insured | Yes |
| Insured Parent Bank | Sallie Mae Bank |
| FDIC Certificate | # 58177 |
| Date Established | 2005 |
| Assets | $28.73 billion |
| Loans | $18.97 billion |
| Deposits | $21.07 billion |
| Capital | $2.83 billion |
Customer Reviews for Sallie Mae Bank (3)
Rated 1.00 stars out of 5 - based on 3 reviews
JPreston
January 7, 2023 |
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 BankJTrenert
August 30, 2022 |
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 Bankterrible for existing users
July 13, 2022 |
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 These are like cash rates since the can be withdrawn after 6 days with no penalty, but if you are an existing customer (like me, for over 10 years) you cannot take advantage of these.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