Ally Bank

P.O. Box 951
Horsham, PA 19044

Ally Bank

Overview

General Online Bank Information

Deposits FDIC Insured Yes
Insured Bank Ally Bank
FDIC Certificate # 57803
Date Established 2004
Assets $143.05 billion
Loans $108.52 billion
Deposits $98.64 billion
Capital $16.16 billion
Money that you deposit is held by Ally Bank. Ally Bank is an FDIC insured institution founded in 2004. It has approximately $143.05 billion in assets.

For a more detailed analysis of Ally Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates

Online CD Rates APY MIN MAX
3 Month CD
1.50% $25,000 - Learn MoreShow Less
6 Month CD
1.00% $25,000 - Learn MoreShow Less
9 Month CD
2.10% $25,000 - Learn MoreShow Less
11 Month CD
1.85% $25,000 - Learn MoreShow Less
1 Year CD
2.30% $25,000 - Learn MoreShow Less
18 Month CD
2.35% $25,000 - Learn MoreShow Less
2 Year "Raise Your Rate" CD
2.50% $0 - Learn MoreShow Less
3 Year CD
2.55% $25,000 - Learn MoreShow Less
4 Year "Raise Your Rate" CD
2.50% $0 - Learn MoreShow Less
5 year CD
2.75% $25,000 - Learn MoreShow Less
Online Savings Rates APY MIN MAX
Online Savings Account
1.75% $0 - Learn MoreShow Less

Bank Offers

Ally Bank raises its online savings rate
Jun 29, 2018

Ally Bank has raised its online savings rate to 1.75%.   The complete list of the best savings and money market rates is here.  Ally Bank has also raised some of its CD offerings, including its 2-year and 4-year "Raise Your Rate" CDs to 2.50% on balances over $25,000.   Ally's new rate on its 11-month no penalty CD is now 1.85% on balances over $25,000.  All of Ally's rates are listed here.


Customer Reviews for Ally Bank (44)


  • Wally

    June 15, 2018 | | Replies 1

    Online Savings Rates

    Ally Bank has great custormer service.. When moving money out of the no penalty CDs, expect it to take at least 3 days before it shows up in your money market and becomes liquid and transferable. Their no penalty CD rates fluctuate up and down. Best I have had is 1.85%. A person needs to monitor rates on a daily basis and take advantage of specials...

    ABSO BCC | Jul 18, 2018

    Money comes out of these no penalty CDs instantly. You can close out of one instantly and buy another one instantly online. I just did it in 2 minutes to move my money from 1.75% to 1.85%.

  • Lee

    February 25, 2018

    I applied for a savings account with Ally and Barclays. Neither could verify my identity on my initial application. Barclays asked me to fax them a copy of my SS card, drivers license and either a bank statement or utility bill. Too much hassle. Ally asked me to temporarily unfreeze my Transunion credit report, which is easy to do and free. I called them back and they had my identity verified in less than 5 minutes while I waited on the phone. The customer service rep walked me through the set-up and was very helpful. I refroze my credit after. So in the end Ally was a much easier process for me than Barclays.

  • Lawrence@ein

    February 07, 2018 |

    Online Savings Rates

    A colleague told me to get the 11 month penalty free cd at 1.75%, but I am seeing 1.50% on their website. What gives? Rates are going up, not down.

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