Sallie Mae Bank, established in 2005 in Salt Lake City, UT, offers education loans and savings products to students and families nationwide. As a Utah state-chartered industrial bank and member FDIC, Sallie Mae Bank provides funding for various education programs, including Private Education and Career Training loans.
With a focus on helping students save, plan, and pay for college, Sallie Mae Bank offers a range of student loans with variable and fixed interest rates, as well as FDIC-insured banking services such as high-interest money market accounts. Encouraging responsible borrowing, the bank emphasizes exploring grants, scholarships, and federal loans before considering private education loans.
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