Sallie Mae Bank
 Sallie Mae office  

Sallie Mae Bank

Sallie Mae Bank is a Utah state-chartered bank with over 1,300 employees. The company provides private education loans and savings products to students and their families. It also offers credit and debit cards, insurance products, online banking and other services. There are no monthly or annual fees charged for the Sallie Mae accounts. As of September 30, 2015, Sallie Mae Bank had total assets of $14.3 billion, deposits of $10.6 billion, and loans of $12 billion including $10.8 billion in private education loans and $1.14 billion of FFELP loans. Sallie Mae Bank was established in 2005 and operates as a subsidiary of SLM Corporation.

Head office address:
175 S West Temple, Suite 600
Salt Lake City, UT 84101
United States
Phone: 888-272-5543
FDIC Certificate: 58177
Routing number: 124385119
Website: www.salliemae.com/landing/salliemaebank

 Savings Account Rates

  APY Min to open
High Yield Savings 0.80% $0

 Money Market Rates

  APY Min to open
Money Market Account 0.90% $0

 CD Rates

Term APY Min to open
12 Month CD 1.25% $0
36 Month CD 1.60% $0
60 Month CD 2.10% $0

The Annual Percentage Yield (APY) as of January 19, 2016.