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Are Sallie Mae Bank® accounts FDIC insured?

April 26, 2017accounts FDIC insured Mae sallie

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Are Sallie Mae Bank® accounts FDIC insured?

1 Answer

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10 Posted

Yes, our High-Yield Savings Account (HYSA) and Certificates of Deposit (CDs) are FDIC insured up to the maximum amount allowed. To learn more about FDIC insurance limits, please visit www.fdic.gov. An FDIC insurance calculator is available at https://www.fdic.gov/edie/index.html.