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SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking.Its nature has changed dramatically since it was set up in the early 1970s; initially a government entity that serviced federal education loans, it then became private and began offering private student loans.
Sallie Mae Bank’s money market account currently offers a APY. Interest is compounded daily and paid out monthly. ... In order to keep your funds safe, choose to work with an FDIC-insured or ...
Usually, if a bank charges a monthly fee for its money market account, there are ways to avoid the fee. An example is CIBC Bank , which charges a $15 monthly fee. You can avoid the fee by ...
Sallie Mae Bank: Money Market Account. Why it stands out: The Sallie Mae Bank Money Market Account has a $0 minimum deposit, no monthly fees, and 0.50% annual percentage yield. Plus, the minimum ...
These safe, stable accounts ... no matter your balance — like the Sallie Mae Money Market Account still paying out 4.20% APY with no fees or minimums — so it's worth shopping ... Not best for ...
Sallie Mae Bank — 3.90% APY. Note: Annual percentage yields (APYs) shown are as of Feb. 13. ... When comparing money market accounts, look for an account at an FDIC-insured bank that offers a ...
Here are the money market accounts that made our top 10 based on their APY, minimum opening deposit, maintenance fees, and customer service options.
The Federal Deposit Insurance Corporation (FDIC) and National Credit Union Administration (NCUA) insure up to $250,000 in a money market account, so you can be confident you won’t lose your ...