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Sallie Mae Bank Company Logo

Working At Sallie Mae Bank

Zippia Score 4.6

Sallie Mae Bank overview

SLM Corporation is a publicly traded US corporation that provides consumer banking.
Sallie Mae Bank has been around for a long time. It was founded back in 1972. This established company loves to hire graduates from University of Phoenix, with 11.0% of its employees having attended University of Phoenix. Sallie Mae Bank is a great place to work and is featured as number 2 on Zippia's list of Best Companies to Work for in Newark, DE. The average employee at Sallie Mae Bank makes $57,693 per year. Pay at Sallie Mae Bank is significantly lower than some of its highest paying competitors, like Discover Financial Services, Countrywide Home Loans, and Elavon, which pay $77,415, $74,116, and $68,426, respectively.
Based in Delaware, Sallie Mae Bank is a key player in the finance industry with 1,200 employees and an annual revenue of $1.1B.

The Organization’s Mission

To help American students and families make the dream of higher education a reality.


Diversified Financial Services





Founded in



Newark, DE





Organization Type


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The team at Sallie Mae Bank

Key People
  • Laurent Lutz (General Counsel)
  • Jeffrey Dale (Chief Risk Officer)
  • Steven McGarry (CFO)
  • Charlie Rocha (Chief Marketing Officer)
  • Raymond Quinlan (CEO)

What do people say about Sallie Mae Bank


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Sallie Mae Bank Rankings

Sallie Mae Bank is ranked #7 on the Best Companies to Work For in Delaware list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Sallie Mae Bank Salaries

How much does Sallie Mae Bank pay?
The national average salary for a Sallie Mae Bank employee in the United States is $57,693 per year. Employees in the top 10 percent can make over $87,000 per year, while employees at the bottom 10 percent earn less than $37,000 per year.
Salary Score
Average Employee Earnings

Sallie Mae Bank Salaries By Job Title

The average employee at Sallie Mae Bank earns a yearly salary of $57,693 per year, but different jobs can earn drastically different salaries. Some of the job titles with high salaries at Sallie Mae Bank are Android Developer, Interactive Developer, Finance Analyst, and Team Leader. A worker with the title Android Developer salary at Sallie Mae Bank can earn an average yearly salary of $96,802. To get a better sense of the salaries at Sallie Mae Bank, other roles such as Call Center Agent and Customer Service Representative can be considered as well. For comparison, the title Call Center Agent at Sallie Mae Bank earns $37,666 per year.
Android Developer
Interactive Developer
Finance Analyst
Team Leader

Sallie Mae Bank careers

On average, employees at Sallie Mae Bank stay with the company for 3.0 years. Employees most commonly join Sallie Mae Bank after leaving Bank of America. When they leave Sallie Mae Bank, they most frequently get their next job at JPMorgan Chase.

Average Length of Employment
Elavon3.0 years

Sallie Mae Bank

3.0 years
Navient1.8 years
Top Employers Before Sallie Mae Bank
US Army10.5 %
Walmart8.6 %
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Top Employers After Sallie Mae Bank
Navient7.3 %
Sprint6.9 %
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Sallie Mae Bank Employee Political Affiliation

Sallie Mae Bank employees are most likely to be members of the Republican Party. The largest donation made to a political party by a Sallie Mae Bank employee was by Albert Lord. Albert Lord donated $52,500 to the Republican Party.

Republican Party

78.5 %

Democratic Party

21.5 %

Employee Political Donations

Albert LordExecutive
$52,500Republican Party
John RemondiPresident
$37,750Republican Party
AL LordExecutive
$21,518Republican Party
Steven MillerExecutive
$14,700Republican Party
Jonathan ClarkExecutive Vice President
$12,500Republican Party
Joseph DepaulaChief Marketing Officer
$10,000Republican Party
Joni ReichExecutive Vice President
$10,000Republican Party
Nancy HealeyService Coordinator
$5,450Republican Party
John KaneSenior Vice President
$5,000Republican Party
Troy StandishSenior Vice President
$5,000Republican Party
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Sallie Mae Bank Financial Performance

Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.


> $1B

Founded in


Organization type


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Sallie Mae Bank Competitors

Some of the competitors of Sallie Mae Bank are Discover Financial Services, Countrywide Home Loans Inc., and Elavon. The wages at Discover Financial Services average higher than the other similar companies, where the median salary is $77,415 per year. The salaries at Countrywide Home Loans Inc. average $74,116 per year, and the salaries at Elavon come in at $68,426 per year.

Frequently Asked Questions about Sallie Mae Bank

When was Sallie Mae Bank founded?

Sallie Mae Bank was founded in 1972.

How many Employees does Sallie Mae Bank have?

Sallie Mae Bank has 1,200 employees.

How much money does Sallie Mae Bank make?

Sallie Mae Bank generates $1.1B in revenue.

What industry is Sallie Mae Bank in?

Sallie Mae Bank is in the diversified financial services industry.

What is Sallie Mae Bank's mission?

Sallie Mae Bank's mission statement is "To help American students and families make the dream of higher education a reality."

What type of company is Sallie Mae Bank?

Sallie Mae Bank is a public company.

Who are Sallie Mae Bank's competitors?

Sallie Mae Bank competitors include Navient, Elavon, iQor Holdings Inc., Discover Financial Services, Sitel Operating Corporation, Total System Services Inc., Countrywide Home Loans Inc., Nelnet, Exeter Finance, CashCall, Citifinancial Services, USA800 Inc., Dollar Financial Group Inc., Interactive Response Technologies Inc., Springleaf Financial Holdings LLC, Expert Global Solutions Inc., Pioneer Credit Recovery, Oxford Corporation, Integrity Solution Services Inc., Commerce Bancshares.

Who works at Sallie Mae Bank?

Laurent Lutz (General Counsel)

Jeffrey Dale (Chief Risk Officer)

Steven McGarry (CFO)

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You can find out what it is like to work at Sallie Mae Bank, also known as SLM CORP, SLM Corporation, Sallie Mae and Sallie Mae Bank.

Zippia gives an in-depth look into the details of Sallie Mae Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Sallie Mae Bank. The employee data is based on information from people who have self-reported their past or current employments at Sallie Mae Bank. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Sallie Mae Bank and its employees or that of Zippia.