Company Information

Get to know Bank SLM

Originally created in 1972 as a Government-Sponsored Enterprise (GSE), SLM Corporation, or Sallie Mae, was fully privatized in 2004. In 2014, the company separated into two distinct entities: Sallie Mae, a consumer bank focused on originating private education loans and offering other banking products, and Navient, which services federal government-owned and other student loans. Today, Sallie Mae operates as an FDIC-insured industrial bank (Sallie Mae Bank) and offers a suite of products including private student loans for undergraduate and graduate students, savings accounts, certificates of deposit (CDs), and credit cards, all aimed at helping American families finance higher education.

Industry

Financial BankingPRIMARY
Financial Other Service
Financial Wealth Management

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Bank SLM

Switzerland

Founded in

1870 (156 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.