BranchWatch

Sallie Mae Bank

Headquartered in Salt Lake City, UT. FDIC certificate #58177 · Federal Reserve RSSD 3394278.

Total assets
$29.5B
Deposits
$20.8B
Q1 2026
Active branches
1
Closings since Jan 2020
0
0 openings since Jan 2020

Financial snapshot — Q1 2026

All quarters
Net income (quarter)
$319M
Return on assets
4.31%
Return on equity
43.20%
Noncurrent loan rate
0.71%

Deposits by year (Summary of Deposits)

22
2019
24
2020
22
2021
20
2022
21
2023
21
2024
21
2025

Values in $ billions, June 30 of each year.

Branches by state

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.salliemae.com.