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According to its official website, Sallie Mae Bank is a bank, part of SLM Corporation, that helps students pay for school and save; the site states that the company has adopted the broader name 'Sallie', while Sallie Mae remains the product name for its student loans and savings products. Deposit products are offered through Sallie Mae Bank, Member FDIC; according to the FDIC record the bank is an FDIC-supervised state bank based in Salt Lake City, Utah. Products include private student loans for undergraduate, graduate and career training studies; a High-Yield Savings account with no minimum balance or deposit to open, a Money Market account, fixed-rate certificates of deposit (CDs) opened with a $2,500 minimum deposit and the SmartyPig online piggy bank account; the site states that its savings products have no monthly fees. The group also offers free tools such as Scout College Search, Scholly Scholarships and a FAFSA guide. This information is the company's own statement.
User reports found online are classified by topic. The reports are compiled from records on Trustpilot, WikiFX, Şikayetvar and FastBull, and one person's records count once.
No complaint records have been compiled for Sallie Mae Bank yet, so no comparison list is shown. Below are institutions operating in the same service area whose licences are verified.
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According to the data, Sallie Mae Bank has 1 verified licence (FDIC); there are no classified user reports yet. This page does not express an opinion; licence records come from official registers and reports from sourced records.
Licences verified in official registers: FDIC (United States) – FDIC Cert. 58177.
No classified user reports about Sallie Mae Bank yet. Sources: Trustpilot, Şikayetvar, WikiFX, FastBull.
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Licence records are checked against official registers (last verification 11.11.2026). Complaint records are re-scanned every month on Trustpilot, Şikayetvar, WikiFX, FastBull. The institution’s details were last checked on 11.11.2026.