Content: ally bank
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People do not generally have a good feeling toward banks. But Ally Bank is trying to change that with exciting products and features for new and existing customers.
Ally Bank has just given its 2-year CD a bump-up feature. The bump-up feature can provide a little protection against rising interest rates. However, Ally Bank will have to keep its 2-year CD rate...
I just learned that Ally Bank has reduced the early withdrawal penalty for all CD terms to only 60 days of interest. This is a huge change especially for the long-term CDs. Ally's early withdrawal...
Ally Bank today rolled out a new checking online checking account. Up until now, the online bank had only offered savings and cd products.
A CD I opened with Ally Bank a year ago matured a few days ago. I called to cash it out, and was very pleasantly surprised by their response.
Article | Jan 8, 2010 | Views: 458 | Comments: 7
Tags: ally bank, month cd
Caving in to the American Banker's Association, the FDIC has stipulated that the amount of loan debt it provides Ally Bank will be dependent on the deposit rates it offers. We've already seen Ally...
Article | Jun 11, 2009 | Views: 613 | Comments: 1
Tags: gmac, ally bank, bank competition
GMAC today issued a statement commenting on the filing of its once parent corporation General Motors. The statement shows that while the financing company does have exposure to GM, the terms of...
Article | Jun 1, 2009 | Views: 1443 | Comments: 1
Tags: gmac, ally bank, gm bankruptcy
Last week, the American Bankers Association sent a letter to Sheila Bair, the Chairwoman of the FDIC complaining about the high rates offered by Ally Bank (formerly GMAC). Today, Ally Bank sent...
Article | Jun 1, 2009 | Views: 953 | Comments: 1
Tags: ally bank, aba, de molina
Ally Bank is the new official name for GMAC bank.
The American Banker's Association sent a ltter to the FDIC's Sheila Bair on May 27th, requesting the agency take action to force Ally Bank to lower its rates. They claim Ally Bank is acting...
Article | May 29, 2009 | Views: 1361 | Comments: 5
Tags: fdic, ally bank, aba, letter
GMAC Bank has changed its name to Ally Bank with a new website at Ally.com. With all the bad press related to GM and GMAC, I guess the bank decided it needed to separate itself from GMAC. However,...