MY CHILD'S ACADEMIC SUCCESS
Top Holders of Federal Family Education Loans 1999

Top 100 Current Holders of FFELP Loans as of 9/30/99

(Dollars in Millions)

  LENDER NAME/ STATE/(CITY)/[# LID'S] OUTSTANDING AS OF 9/30/99
1 SALLIE MAE / VA (RESTON) [22] 45,090.5
2 CITICORP / NY (PITTSFORD) [8] 9,465.8
3 SECONDARY MARKET SERVICES / IN (INDIANAPOLIS) [6] 5,236.8
4 FIRST UNION NATIONAL BANK / CA (SACRAMENTO) [24] 4,629.6
5 NORWEST BANK STUDENT LOAN CENTER / SD (SIOUX FALLS) [23] 4,157.0
6 NELLIE MAE / MA (BRAINTREE) [3] 3,576.9
7 KEY CORP / OH (CLEVELAND) [11] 2,926.8
8 BANK OF AMERICA CORP / CA (BREA) [18] 2,642.9
9 STUDENT LOAN FUNDING CORP / OH (CINCINNATI) [16] 2,629.1
10 NATIONAL CITY BANK / OH (CLEVELAND) [18] 2,310.3
11 UNION BANK & TRUST COMPANY / NE (LINCOLN) [6] 2,133.8
12 PITTSBURGH NATIONAL CORP / PA (PITTSBURGH) [2] 1,851.5
13 PENNA HIGHER ED ASSISTANCE AGENCY / PA (HARRISBURG) [2] 1,759.8
14 CALIFORNIA HIGHER ED LOAN AUTHORITY / CA (SAN FRANCISCO) [7] 1,689.0
15 SUNTRUST BANK / VA (RICHMOND) [14] 1,631.5
16 MELLON BANK / PA (PITTSBURGH) [16] 1,581.5
17 BANK ONE / OH (COLUMBUS) [33] 1,530.6
18 EFS FINANCE CO / IN (INDIANAPOLIS) [4] 1,522.1
19 NATIONAL HIGHER ED LOAN PROGRAM / NE (LINCOLN) [4] 1,321.7
20 MISSOURI HIGHER ED LOAN AUTHORITY / MO (ST LOUIS) [2] 1,274.4
21 SOUTH CAROLINA STUDENT LOAN CORP / SC (COLUMBIA) [9] 1,251.4
22 ILL. DESIGNATED ACCT. PURCHASE PROG / IL (DEERFIELD) [2] 1,033.1
23 ARIZONA EDUCATIONAL LOAN MARKETING / AZ (MESA) [4] 992.8
24 EDUCATION FINANCE GROUP / MA (S. YARMOUTH) [2] 987.5
25 COLLEGE FOUNDATION INC. / NC (RALEIGH) [1] 978.4
26 BRAZOS STUDENT FINANCE CORP / TX (WACO) [2] 930.2
27 BRAZOS HIGHER ED AUTHORITY / TX (WACO) [7] 743.5
28 UTAH STATE BOARD OF REGENTS / UT (SALT LAKE CITY) [3] 741.0
29 EDUCATIONAL FUNDING OF THE SOUTH / TN (KNOXVILLE) [1] 682.6
30 VERMONT ED LOAN FINANCE PROGRAM / VT (WINOOSKI) [1] 676.8
31 FLEET BANK / NY (UTICA) [10] 654.7
32 EDUCATION LOANS INC / SD (ABERDEEN) [1] 649.3
33 FIRSTAR BANK / WI (MILWAUKEE) [9] 647.1
34 CHASE MANHATTAN BANK / NY (GARDEN CITY) [14] 645.8
35 COLORADO STUD OBLIGATION BOND AUTH / CO (DENVER) [2] 589.5
36 MICHIGAN HIGHER ED STUD LOAN AUTH / MI (LANSING) [1] 588.7
37 U S BANK / MN (ST PAUL) [23] 574.1
38 IOWA STUDENT LOAN LIQUIDITY CORP / IA (DES MOINES) [1] 553.8
39 NEW HAMPSHIRE HIGHER ED LOAN CORP / NH (CONCORD) [1] 486.8
40 KENTUCKY HIGHER ED STUD LOAN CORP / KY (LOUISVILLE) [1] 484.1
41 NORTH TEXAS HIGHER ED AUTH / TX (FORT WORTH) [1] 474.0
42 PANHANDLE PLAINS HIGHER ED AUTH / TX (CANYON) [2] 451.3
43 RHODE ISLAND STUDENT LOAN AUTHORITY / RI (WARWICK) [2] 440.1
44 MARINE MIDLAND BANK / NY (BUFFALO) [5] 438.4
45 CORUS BANK / IL (CHICAGO) [3] 431.8
46 BANK OF NORTH DAKOTA / ND (BISMARCK) [2] 431.5
47 MISSISSIPPI HIGHER ED ASSIST CORP / MS (JACKSON) [2] 425.2
48 NEW MEXICO ED ASSISTANCE FOUNDATION / NM (ALBUQUERQUE) [3] 406.0
49 GREATER TEXAS HIGHER ED AUTHORITY / TX (BRYAN) [7] 395.6
50 MAINE EDUCATIONAL LOAN MARKETING / ME (AUGUSTA) [1] 381.8
51 REGIONS BANK / AL (MOBILE) [3] 355.0
52 ALL STUDENT LOAN CORP / CA (LOS ANGELES) [3] 341.5
53 ASSOCIATED BANK / WI (STEVENS POINT) [14] 331.1
54 CONNECTICUT STUDENT LOAN FOUND. / CT (ROCKY HILL) [2] 318.5
55 FIRST TENNESSEE BANK / TN (MARYVILLE) [1] 294.9
56 MONTANA HIGH ED STUD ASSIST CORP / MT (HELENA) [3] 290.1
57 COMMERCE BANK / MO (ST LOUIS) [1] 276.0
58 NAVY FEDERAL CREDIT UNION / VA (MERRIFIELD) [1] 267.2
59 BANK OF BOSTON CORP / RI (PROVIDENCE) [5] 261.4
60 MARSHALL & ILSLEY BANK / WI (MILWAUKEE) [33] 257.9
61 TEACHERS INSUR & ANNUITY ASSN OF AM / NY (NEW YORK) [1] 247.8
62 OKLAHOMA STUDENT LOAN AUTHORITY / OK (OKLAHOMA CITY) [3] 245.7
63 TEXAS HIGHER ED COORDINATING BOARD / TX (AUSTIN) [1] 209.7
64 GUARANTY FEDERAL BANK / TX (DALLAS) [1] 201.1
65 SOVEREIGN BANK / PA (READING) [1] 195.4
66 NORTHSTAR GUARANTEE / MN (ST PAUL) [1] 194.1
67 ARKANSAS STUDENT LOAN AUTHORITY / AR (LITTLE ROCK) [1] 192.4
68 SOUTH TEXAS HIGHER ED AUTH / TX (AUSTIN) [1] 190.1
69 FIRST FEDERAL SAVINGS BANK / WI (LACROSSE) [2] 186.8
70 MANUFACTURERS & TRADERS BANK / NY (BUFFALO) [4] 181.7
71 LOUISIANA PUBLIC FACILITIES AUTHORITY / LA (BATON ROUGE) [8] 156.7
72 WYOMING STUDENT LOAN CORP / WY (CHEYENNE) [2] 154.6
73 SAN ANTONIO FEDERAL CREDIT UNION / TX (SAN ANTONIO) [1] 149.2
74 TWIN CITY FEDERAL SAVINGS BANK (TCF) / MN (MINNEAPOLIS) [4] 141.2
75 ANCHORBANK / WI (MADISON) [2] 129.9
76 MERCANTILE BANK / MO (ST JOSEPH) [8] 128.1
77 WASHINGTON MUTUAL SAVINGS BANK / WA (SEATTLE) [3] 126.3
78 UNION PLANTERS BANK / TN (KNOXVILLE) [9] 120.7
79 AMERICAN EXPRESS ASSURANCE CO / CA (SAN DIEGO) [1] 120.2
80 STUD LOAN ACQUISITION AUTH OF ARIZONA / AZ (SCOTTSDALE) [1] 118.3
81 OLD KENT FINANCIAL CORP / MI (GRAND RAPIDS) [5] 117.2
82 DEPOSIT GUARANTY NATIONAL BANK / MS (JACKSON) [1] 110.5
83 EDUCATION SERVICES FOUNDATION / MS (JACKSON) [1] 109.1
84 UNIVERSITY OF PENNSYLVANIA / PA (PHILADELPHIA) [1] 105.9
85 STUDENT LOAN FINANCE ASSOCIATION / WA (SEATTLE) [1] 99.0
86 FIFTH THIRD BANK / OH (CINCINNATI) [5] 96.8
87 CHARTER ONE BANK / NY (ALBANY) [2] 96.7
88 BANCORPSOUTH BANK / MS (TUPELO) [1] 96.1
89 FROST NATIONAL BANK / TX (SAN ANTONIO) [3] 95.3
90 UNIVERSITY OF WISCONSIN CREDIT UNION / WI (MADISON) [1] 94.8
91 HIBERNIA NATIONAL BANK / LA (BATON ROUGE) [1] 91.7
92 MARQUETTE BANK / MN (LAKEVILLE) [3] 89.7
93 ABILENE HIGHER ED AUTHORITY / TX (AUSTIN) [1] 87.0
94 FIRST AMERICAN NATIONAL BANK / TN (NASHVILLE) [1] 86.7
95 HARVARD UNIVERSITY / MA (CAMBRIDGE) [1] 85.4
96 COMERICA BANK / MI (AUBURN HILLS) [4] 84.6
97 CITIZENS BANK /RI (RIVERSIDE) [6] 82.5
98 ZIONS FIRST NATIONAL BANK / UT (SALT LAKE CITY) [1] 81.7
99 GEORGIA STUDENT FINANCE AUTHORITY / GA (TUCKER) [1] 80.0
100 SOUTHTRUST BANK / AL (BIRMINGHAM) [3] 78.5

AS OF 9/30/99
TOP 10 AS A PERCENT OF NATION 62.3
TOP 25 AS A PERCENT OF NATION 78.6
TOP 50 AS A PERCENT OF NATION 89.1
TOP 75 AS A PERCENT OF NATION 93.4
TOP 100 AS A PERCENT OF NATION 95.3

$ OUTSTANDING INCLUDES STAFFORD, PLUS, SLS, AND CONSOLIDATION LOANS ( IN MILLIONS). SECURITIZED LOANS ARE REPORTED UNDER THE ORIGINAL HOLDER. SOURCE = ED FORM 799.
 
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Last Modified: 09/14/2004