Sallie Mae Bank announced new, competitive interest rates on its high-yield savings, certificate of deposit (CD), and money market accounts.
Sallie Mae is based near Newark. Interest rates have been inching upward recently and the stock market has been more volatile of late, leading some people to consider the above investments.
“We are committed to helping our customers save for college and other financial goals with responsible, sound, and competitively priced banking products and services,” said Paul Thome, president, Sallie Mae Bank. “Our new savings rates — which are some of the most competitive in the market today — can help families do just that.”
Sallie Mae Bank, member FDIC, is a subsidiary of SLM Corporation, commonly known as Sallie Mae. For more information or to open an account, visit SallieMae.com/banking.
