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| Sallie Mae office |
Sallie Mae Bank is a Utah state-chartered bank with over 1,450 employees. The company provides education loans as well as savings and money market accounts, certificates of deposit and college savings plans 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 June 30, 2017, Sallie Mae Bank had total assets of $19.3 billion, total deposits of $14 billion, and loans of $17 billion. 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
FDIC Certificate: 58177
Routing number: 124385119
Website: www.salliemae.com/landing/salliemaebank
Savings Account Rates
| APY | |
| High Yield Savings | 0.80% |
| Upromise GoalSaver Account | 0.85% |
Money Market Rates
| APY | Min to open | |
| Money Market Account | 1.30% | $0 |
The Annual Percentage Yield (APY) as of November 2017.