Deposit Rates APY Vs.Others
Savings N.A. 5.55% →
1-Year CD N.A. 5.41% →
2-Year CD N.A. 5.00% →
3-Year CD N.A. 5.00% →
4-Year CD N.A. 4.55% →
5-Year CD N.A. 4.55% →

2024 Overview

General Online Bank Information

Money that you deposit is held by Sallie Mae Bank. Sallie Mae Bank is an FDIC insured institution founded in 2005. It has approximately $29.14 billion in assets.

Deposits FDIC Insured Yes
Insured Bank Sallie Mae Bank
FDIC Certificate # 58177
Date Established 2005
Assets $29.14 billion
Loans $20.34 billion
Deposits $21.89 billion
Capital $2.53 billion

For a more detailed analysis of Sallie Mae Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - April 18, 2024

Bank Offers

Sallie Mae Bank raises online money market rates again
Jul 5, 2018

Sallie has raised it online money market rate to 1.90% from 1.75%.   For the complete list of Sallie's online rates, please visit this page.   The most comprehensive list of the best online savings and money market rates is here.




Climate Policy and Initiatives

Sallie Mae Bank is encouraged to provide us with this information. When we receive this information from the online bank, we will provide it here.



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