Sallie Mae Bank Salary

How Much Does Sallie Mae Bank Pay?BETA

As of March 2025, the average annual salary for employees at Sallie Mae Bank in the United States is $126,481. This translates to an approximate hourly wage of $61. Salaries at Sallie Mae Bank typically range from $110,714 to $143,730 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. At Sallie Mae Bank, A Co-Founder is among the highest earners, with an average salary of approximately $979,074 per year. Conversely, the lowest-paid position is Waitress, earning around $25,141 annually. Explore this page further for more salary and benefits information at Sallie Mae Bank.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Sallie Mae Bank Pay for Different Roles?BETA

At Sallie Mae Bank, salaries can vary significantly based on factors such as location, industry, job category, and department. Below, we provide a detailed overview of salary ranges for various roles within the company.

It's important to note that salaries for the same position may differ due to several factors, including experience, education level, training, skills, and competencies. For instance, Co-Founder positions at Sallie Mae Bank offer the highest average annual salary of $979,074, while Waitress roles have an average annual salary of $25,141.

JOB TITLE SALARY RANGE AVERAGE SALARY COMPANY NAME
Co-Founder $745,657 - $1,240,052 $979,074 Sallie Mae Bank
Managing Director $745,657 - $1,240,052 $979,074 Sallie Mae Bank
Owner and President $447,608 - $727,763 $571,153 Sallie Mae Bank
Executive VP & Chief Financial Officer $389,654 - $643,700 $510,447 Sallie Mae Bank
Urologist $432,039 - $560,157 $488,601 Sallie Mae Bank
General Counsel $378,827 - $521,826 $446,149 Sallie Mae Bank
Chief Investment Officer $344,936 - $551,747 $439,116 Sallie Mae Bank
Chief People Officer $345,817 - $458,197 $398,762 Sallie Mae Bank
Operations Executive $306,888 - $449,244 $372,556 Sallie Mae Bank
Executive Vice President $306,888 - $449,244 $372,556 Sallie Mae Bank
Chief Technology Officer $309,433 - $396,340 $351,145 Sallie Mae Bank
Executive $293,404 - $405,485 $339,982 Sallie Mae Bank
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Sallie Mae Bank Overview

Website:
salliemae.com
Size:
1,000 - 3,000 Employees
Industry:
Financial Services
Revenue:
$1B - $3B
About:
Founded in 1972 and headquartered in Newark, Delaware, SLM Corporation, also known as Sallie Mae, is engaged in education finance. The Company's primary business is to originate and hold student loans.

Most Common Benefits for Sallie Mae Bank

Aside from the base salary, Sallie Mae Bank offers its employees a list of benefits. Employee benefits are an important factor in considering a position posted by the company.
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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Job Openings at Sallie Mae Bank

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Similar Company Salary

Companies in the same industry have the same employee size, company type, similar revenue are similar companies. The table below shows the salary range and average salary of Sallie Mae Bank ’s peer companies.
NEXA Mortgage LLC Chandler, AZ $99,140 - $128,670 Company Salary Range $113,243 Average Company Salary
Honda Financial Services Newark, DE $108,295 - $140,596 Company Salary Range $123,717 Average Company Salary
Universal Financial Co White Plains, NY $117,816 - $152,948 Company Salary Range $134,592 Average Company Salary
Pacific Western Bank Beverly Hills, CA $115,525 - $149,973 Company Salary Range $131,976 Average Company Salary
Security Finance Corporation of Spartanburg Spartanburg, SC $96,171 - $124,853 Company Salary Range $109,868 Average Company Salary
Dovenmuehle Mortgage Inc Lake Zurich, IL $106,040 - $137,669 Company Salary Range $121,144 Average Company Salary
Dovenmuehle Mortgage Inc Plano, TX $102,467 - $133,023 Company Salary Range $117,062 Average Company Salary
Volvo Car Financial Services Charlotte, NC $100,377 - $130,316 Company Salary Range $114,667 Average Company Salary
Lde Holding Corp Rosemont, IL $109,128 - $141,669 Company Salary Range $124,667 Average Company Salary
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FAQs About Sallie Mae Bank Company

1. How much does Sallie Mae Bank in the United States pay?

Sallie Mae Bank pays its employees an average of $126,481 per year. The average salary at Sallie Mae Bank range from $110,714 to $143,730 per year. Co-Founder jobs at Sallie Mae Bank earn the most with an average annual salary of $979,074, while Waitress jobs earn the least with an average annual salary of $25,141.

2. Do Sallie Mae Bank employees get a higher salary than other similar companies?

The salary at Sallie Mae Bank is lesser than Universal Financial Co. The highest salary package reported for an employee at Sallie Mae Bank is $143,730 per year, meanwhile the highest salary package reported for an employee at Universal Financial Co is $152,948 per year.

3. How much does Sallie Mae Bank pay compared to Universal Financial Co?

The average annual salary at Sallie Mae Bank is $126,481, or an hourly wage of $61, in comparison to Universal Financial Co which pays $134,592 per year or $65 per hour.

4. Which job skills can boost a Chief Investment Officer salary at Sallie Mae Bank?

Coaching, Planning and Presentation are key to a Chief Investment Officer job at Sallie Mae Bank. Possessing these skills could lead to a higher salary. You can learn and develop high income skills now if you’re looking for a position at Sallie Mae Bank.

5. What is the lowest salary at Sallie Mae Bank?

The lowest paying job at Sallie Mae Bank is Waitress with an annual salary of $25,141 or an hourly rate of $61.