Sallie Mae Bank is a bank based in Salt Lake City, Utah, established in 2005, with $29.5 billion in total assets across 1 branch. By Trust Grade it ranks 20th of 42 banks we track in Utah. Its capital ratio of 10.3% trails most similarly sized banks (29th percentile), versus a Utah median of 12.9%. It was profitable over the most recent period, with a 4.31% return on assets. No consumer complaints against Sallie Mae Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Sallie Mae Bank compares to Utah peers
How we graded Sallie Mae Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (10.3% capital ratio)
- Strongly profitable (ROA 4.31%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Sallie Mae Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 175 S West Temple, Salt Lake City, UT 84101
Are deposits at Sallie Mae Bank insured?
Yes. Sallie Mae Bank is an FDIC-insured bank (FDIC certificate #58177). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Sallie Mae Bank: frequently asked questions
Is Sallie Mae Bank a good bank?
Sallie Mae Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (10.3% capital ratio); Strongly profitable (ROA 4.31%).
Is Sallie Mae Bank FDIC-insured?
Yes. Sallie Mae Bank is a FDIC-insured bank (FDIC certificate #58177). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Sallie Mae Bank?
Sallie Mae Bank holds $29.5 billion in total assets, ranking 20th of 42 banks we track in Utah. It operates 1 branch.
Does Sallie Mae Bank have CFPB complaints?
No CFPB complaints against Sallie Mae Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
