BNET Industries
Market Cap:$714.2M
Last Fiscal Year Sales:$1.7B
- Public
- US
Dow Jones Description
Educational Credit Services
Chairman, President & CEOMichael J. Reardon
Number of Employees 355
Contact Information
750 Washington Blvd
Stamford, Connecticut 06901
(203) 975-6237
Peer Companies
NAICS Code All Other Nondepository Credit Intermediation: 522298
Recent Events
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Sallie Mae
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Fitch to Rate Rhode Island Student Loan Auth Student Loan Program Revs 2009 Sr Ser...
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Texas Senate Places Limits On Tuition Hikes
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Student Loan Q1 Profit Nearly Halves - Update
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Student Loan Launches Two New Interactive Tools - Quick Facts
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The Student Loan Corporation Announces Year-End and Fourth Quarter Earnings
News & Analysis
Filter by
student loan corp. - All News and Analysis
Fitch Affirms 7 Classes from SLC Student Loan Trust 2007-1
NEW YORK -- Fitch Ratings affirms 7 classes from the following Federal Family Education Loan Program FFELP student loan asset-backed notes issued by the Student Loan Corporation SLC: SLC Student Loan Trust 2007-1 --Class A-1 at 'AAA'; --Class A-2 at 'AAA'; --Class A-3 at 'AAA'; ...
Fitch Upgrades ALL Student Loan Corporation Series II Trust Subordinate Bonds
NEW YORK -- Fitch Ratings has upgraded the following ratings for ALL Student Loan Corporation ALLSLC series II Trust:
Fitch Confirms Alaska Student Loan Corp. 2002 Master Indenture
NEW YORK -- Fitch Ratings has confirmed the following ratings for Alaska Student Loan Corporation ASLC 2002 Master Indenture:
The Student Loan Corporation Announces First Quarter Earnings
STAMFORD, Conn. -- The Student Loan Corporation (NYSE:STU) today reported net income of $15 million, or $0.76 per share, for the quarter ended March 31, 2008, a decrease of $29 million (65%) compared to net income of $44 million, or $2.20 per share, reported in same quarter of 2007. This...
Student Loan Corp. Loves Loans, Hates Students
One of the scary things about the Great Credit Crunch of 2008 is that the contagion of lending fear could spread from mortgages to other activities dependent on debt - such as credit cards, home equity loans and even student loans. And now, halfway through April, exactly...
The Student Loan Corporation Sharpens Strategic Focus on Lending Activities
STAMFORD, Conn. -- Citing dislocation in the capital markets and recent federal legislation, The Student Loan Corporation SLC, a subsidiary of Citibank N.A. and a leading originator of student loans, announced today that, for the time being, it will suspend lending at certain schools and withdraw from the Federal Consolidation...
The Student Loan Corporation Announces Year-End and Fourth Quarter Earnings
STAMFORD, Conn. -- The Student Loan Corporation (NYSE:STU) today reported net income of $183 million, or $9.13 per share, for the year ended December 31, 2007, a decrease of $104 million (36%) compared to net income of $287 million, or $14.34 per share, reported for 2006. This decrease was primarily...
The Student Loan Corporation Announces Third Quarter Earnings
STAMFORD, Conn. -- The Student Loan Corporation (NYSE:STU) today reported net income of $25 million ($1.25 per share) for the third quarter of 2007, a decrease of $53 million (68%) compared to net income of $78 million ($3.89 per share) for the same period of 2006. This decrease was primarily...
Fitch Ratings Affirms 327 ABS Student Loan Bonds
NEW YORK -- Fitch Ratings has completed a portfolio review of student loan transactions which are either entirely wrapped by a bond insurer or fully backed by state capital reserve funds. Fitch has affirmed 327 classes based on the irrevocable bond insurance policy. The guaranty insurance policy covers the timely...
Fitch Rates Kentucky Higher Education Student Loan Corp. FFELP Servicer 'Proficient Plus'
NEW YORK -- Fitch Ratings assigns a 'Proficient Plus' rating to Kentucky Higher Education Student Loan Corporation KHESLC for FFELP loan servicing. In addition, Fitch assigns a 'Proficient Plus' rating for private student loan servicing. The FFELP rating is based on their ability to exceed Department of Education ED guidelines...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Daniel McHugh | Cfo |
| John McGinn | Vice President & Chief Credit Officer |
| Raja A. Dakkuri | Chief Accounting Officer |
| Catherine Birch | Secretary & Vice President |
| Christine Homer | General Counsel & Vice President |
| Gina Doynow | Vice President |
| Kurt R. Schneiber | Vice President |
| Rodman L. Drake | Managing Partner |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Michael J. Reardon | Chairman, President & CEO |
| Glenda B. Glover | Chairman, Audit Committee |
| Barbara Duffner | Board Member |
| Bill Beckmann | Board of Directors |
| Carl E. Levinson | Board of Directors |
| Evelyn E. Handler | Board of Directors |
| John Affleck-Graves | Board of Directors |
| Loretta Moseman | Board of Directors |
| Richard Garside | Board of Directors |
| Yasmine D. Anavi | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| The Student Loan Corporation | Chairman, President & CEO | Current |
| Organization | Position | Status |
|---|---|---|
| The Student Loan Corporation | Cfo | Current |
| Organization | Position | Status |
|---|---|---|
| The Student Loan Corporation | Vice President & Chief Credit Officer | Current |
| Organization | Position | Status |
|---|---|---|
| The Student Loan Corporation | Chief Accounting Officer | Current |
| The Student Loan Corporation | Controller | Current |
| Organization | Position | Status |
|---|---|---|
| The Student Loan Corporation | Secretary & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| The Student Loan Corporation | General Counsel & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Citibank, N.A. | Executive Vice President | Current |
| The Student Loan Corporation | Vice President | Current |
| The Student Loan Corporation | Board of Directors | Current |
| New York University | MBA | Former |
| New York University | Bachelor's Degree | Former |
| University of Virginia | Undergraduate | Former |
| Organization | Position | Status |
|---|---|---|
| The Student Loan Corporation | Vice President | Current |
| The Student Loan Corporation | Executive Director , Sales | Current |
| Citibank, N.A. | Global Managing Director, Power, Energy & Chemicals Sector | Former |
| Citibank, N.A. | Manager, Depositary Receipts Services | Former |
| Organization | Position | Status |
|---|---|---|
| The Student Loan Corporation | Managing Partner | Current |
| The Student Loan Corporation | Chair, Audit Committee | Current |
| Celgene Corporation | Board of Directors | Current |
| Crystal River Capital, Inc. | Director | Current |
| The Student Loan Corporation | Board of Directors | Current |
| Excelsior Funds, Inc | Director | Current |
| Jackson Hewitt Tax Service Inc. | Board of Directors | Current |
| Pharmion Corporation | Board of Directors | Current |
| Parsons Brinckerhoff Inc. | Board of Directors | Current |
| Lead Discovery | Board of Directors | Current |
| Pharmion Corporation | Committee Member | Current |
| Celgene Corporation | Member of the Audit Committee | Current |
| Multiple Myeloma | Committee Member | Current |
| Rare Diseases Clinical Research Network | Committee Member | Current |
| Cresap Incorporated | Former |
| Organization | Position | Status |
|---|---|---|
| Jackson State University | Dean, School of Business | Current |
| The Student Loan Corporation | Chairman, Audit Committee | Current |
| Economic Analysis | Chairperson of the Board | Current |
| Lenox Group Inc. | Board of Directors | Current |
| Metters Industries, Inc. | Chief Financial Officer | Former |
| Metters Industries, Inc. | Senior Vice President | Former |
| Potomac Electric Power Co | Manager | Former |
| Tax Administration | Project Manager | Former |
| Howard University | Assistant Professor | Former |
| The Student Loan Corporation | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Life Sciences Scotland | Head of Personnel North for Royal Mail | Current |
| City Science | Board of Directors | Current |
| Scottish Enterprise | Board of Directors | Current |
| Scottishbusinesswomen | Board of Directors | Current |
| Life Sciences Scotland | Board of Directors | Current |
| Life Sciences Scotland Community | Board of Directors | Current |
| The Student Loan Corporation | Board Member | Current |
| Edinburgh Science Triangle | Board of Directors | Current |
| Royal Institution of Chartered Surveyors | Board of Directors | Current |
| LDS4 | Scottish Enterprise Board Member | Current |
| University of Glasgow | Former |
| Organization | Position | Status |
|---|---|---|
| The Student Loan Corporation | Board of Directors | Current |
| The Student Loan Corporation | President | Former |
| Citigroup Inc. | President, CitiMortgage, Global Consumer Group | Former |
| Organization | Position | Status |
|---|---|---|
| The Student Loan Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| The Student Loan Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| University of Notre Dame | Executive Vice President | Current |
| The Student Loan Corporation | Board of Directors | Current |
| University of Notre Dame | Professor | Former |
| Organization | Position | Status |
|---|---|---|
| The Student Loan Corporation | Board of Directors | Current |
| St. John's University | MBA | Former |
| Long Island University | BS | Former |
| Organization | Position | Status |
|---|---|---|
| The Student Loan Corporation | Board of Directors | Current |
Industry Transcripts by Seeking Alpha
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H&R Block, Inc. F4Q09 (Qtr End 04/30/09) Earnings Call Transcript
on Jun 29, 2009about HRB
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Paychex F4Q09 (Qtr End 5/31/09) Earnings Call Transcript
on Jun 25, 2009about PAYX
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Discover Financial Services Q2 2009 Earnings Call Transcript
on Jun 18, 2009about DFS
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VeriFone Holdings Inc. F2Q09 (Qtr End 04/30/09) Earnings Call Transcript
on Jun 02, 2009about PAY
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Provident Financial Services, Inc. Q1 2009 Earnings Call Transcript
on May 27, 2009about PFS
