SLM Corporation, a leading provider of private education loans in the United States, offers financial solutions to students and their families seeking to fund the cost of education. Apart from lending services, the company provides a range of retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts, as well as interest-bearing omnibus accounts. With a history dating back to its inception in 1972 as New BLC Corporation, the company changed its name to SLM Corporation in December 2013, and is headquartered in Newark, Delaware.