Question about Sallie Mae Bank?

I have a savings account with ING. Capital One has bought ING. I've read some pretty bad things about Capital One, so I opened up a Sallie Mae account to move my savings to JUST in case Capital One screws up everything at ING (I'm not going to transfer my savings to Sallie Mae just yet). Anyone have dealings with/has had dealings with Sallie Mae? I read that this bank was involved in a student loan scam. Will my savings be safe there?