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Sallie Mae Bank Announces New, Industry-Leading Rates for Certificates of Deposit

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NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae, the nation’s leading saving, planning, and paying for college company, today announced its rates for both 12- and 36-month certificates of deposit now rank No. 1 nationally for 5-star-rated banks on Bankrate.com. Sallie Mae Bank recently increased both its 12-month certificate of deposit rate to 1.25 percent annual percentage yield (APY) with an interest rate of 1.24 percent, and its 36-month certificate deposit rate to 1.60 percent APY with an interes

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