Institution Class	Commercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary Regulator	FDIC
Established Date	11/28/2005
Community Bank	No
Ownership Type	Not Mutual
ZIP	84101
State and County Number	49035
Subchapter S Corporations	No
Trust Powers	N/A
Federal Reserve ID Number	12
Numeric code	23
Insured by FDIC	Institutions that are currently open and insured by the FDIC
Federal Reserve District	San Francisco
Core Based Statistical Area Name	Salt Lake City, UT

Operational Info

Number of Employees	1,951
Domestic Offices	1
Foreign Offices	0
US Offices	0
Directly owned by another bank (CERT)	No
Last Structure Change Effective Date	08/31/2022
Date of Deposit Insurance	11/28/2005
Primary Insurance Agency	DIF
Website	www.salliemae.com
Data Updated	11/14/2025
CERT	58177
Office of The Comptroller District:	—
Office of Thrift Supervision Region	N/A

Financial Summary

Total Assets	$29.62B
Total Deposits	$20.23B
Total Liabilities	$26.60B
Total Equity Capital	$3.02B
Net Income	$158.23M
Net Loans and Leases	$21.68B
Assets Per Employee ($Millions)	$16.6M
Bank Premises and Fixed Assets	$87.37M
Cash and Balances due from Depository Institutions	$3.72B
Deposits Held in Domestic Offices	$20.23B

Return on Assets (ROA)	2.14%
Return on Equity (ROE)	21.25%
Net Interest Margin	5.68%
Efficiency Ratio	29.52%
Tier 1 Risk-Based Capital Ratio	11.274%
Net Loans and Leases to Core Deposits	0%
Credit Loss Provision to Assets	2.42%
Cash Dividends to Net Income (YTD Only)	0%
Equity Capital to Assets	10.19%
Earning Assets to total Assets	91.77%

Total Interest Income	$660.40M
Total Noninterest Income	$171.44M
Total Interest Expense	$274.57M
Total Noninterest Expense	$164.53M
Net Interest Income	$385.83M
Pre-tax Net Operating Income	$213.44M
Provision for Credit Losses	$179.30M
Discontinued Operations (Extraordinary Gains - Net)	$0

Goodwill and Other Intangibles	$0
All Other Assets	$0
Other Real Estate Owned	$0
Other borrowed funds	$5.85B
Federal Funds Sold & Reverse Repurchase Agreement	$0
Federal Funds Purchased and Repurchased Agreement	$0
All Other Liabilities	$524.73M
Total Liabilities and Capital	$29.62B

Securities	$1.78B
Available-for-sale debt securities	$1.78B
Equity securities with readily determinable fair values not held for trading	$0
Held-to-maturity securities	$0
Subordinated Debt	$0
Trading Account Assets	$51.96M
Trading Liabilities	$0

What are the total assets of Sallie Mae Bank?

$29.62B as of the latest filing.

How much are Sallie Mae Bank's total deposits?

$20.23B in total deposits.

Where is Sallie Mae Bank located?

Salt Lake City, UT.

What is the Net Interest Margin?

5.68%.

How many domestic offices does it operate?

When was it established?

11/28/2005.

What is the Return on Assets (ROA)?

2.14%.

How much are total loans and leases?

$21.68B (latest filing).

What is the total interest income (latest filing)?

$660.40M.