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BankHealth

SALLIE MAE BANK

SALT LAKE CITY, UTAH · FDIC Cert #58177

A
Health Score
88/100
$28.7B
Total Assets
$21.1B
Total Deposits
13.40%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, SALLIE MAE BANK holds a Tier 1 capital ratio of 13.40%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning SALLIE MAE BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.81%
Nonperforming Loans
Low — healthy loan portfolio
26.73%
Liquidity Ratio
Strong — can meet withdrawal demands
5.48%
Return on Assets
Profitable — earning well on assets
$21.1B
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

SALLIE MAE BANK shows strong financial health indicators. With $28.7B in assets and a Health Score of 88/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

SALLIE MAE BANK has a Bank Health Score of A (88/100). It holds a Tier 1 capital ratio of 13.40%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

SALLIE MAE BANK holds $28.7B in total assets and $21.1B in total deposits. It is located in SALT LAKE CITY, UTAH (FDIC Certificate #58177).

SALLIE MAE BANK has a Tier 1 capital ratio of 13.40%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.81%, and the return on assets is 5.48%.

Yes. SALLIE MAE BANK is FDIC-insured (Certificate #58177). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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