Ally Bank

P.O. Box 951
Horsham, PA 19044

Ally Bank

2019 Overview

General Online Bank Information

Deposits FDIC Insured Yes
Insured Bank Ally Bank
FDIC Certificate # 57803
Date Established 2004
Assets $151.08 billion
Loans $114.48 billion
Deposits $102.74 billion
Capital $16.06 billion
Money that you deposit is held by Ally Bank. Ally Bank is an FDIC insured institution founded in 2004. It has approximately $151.08 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 - January 16, 2019

Online Savings and Money Market Rates APY MIN MAX
Online CD Rates APY MIN MAX
3 Month CD
0.75% $25,000 - Learn MoreShow Less
6 Month CD
1.00% $25,000 - Learn MoreShow Less
9 Month CD
1.25% $25,000 - Learn MoreShow Less
11 Month CD
2.30% $25,000 - Learn MoreShow Less
1 Year CD
2.75% $25,000 - Learn MoreShow Less
18 Month CD
2.70% $25,000 - Learn MoreShow Less
2 Year "Raise Your Rate" CD
2.60% $0 - Learn MoreShow Less
3 Year CD
2.75% $25,000 - Learn MoreShow Less
4 Year "Raise Your Rate" CD
2.60% $0 - Learn MoreShow Less
5 year CD
3.10% $25,000 - 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.

Ally Raises Savings and 11-Month No Penalty CD rates
Aug 3, 2018

Ally Bank raised its savings rate this morning to 1.80% on all balances.   Ally also raised its 11-Month No Penalty CD rate to 2.00% on balances over $25,000.   You can find a complete list of rates and offerings from Ally here or compare all online savings rates here.

Ally Raises Online Savings Rate to 1.90%
Oct 5, 2018

Ally Bank has raised its online savings rate to 1.90% on all balances.   Those with more than $25,000 to deposit will find Ally's 11-Month No Penalty CD at 2.10% to be more compelling.    

Customer Reviews for Ally Bank (49)

  • Joy

    January 11, 2019 |

    Online CDs 12 Month Rates

    You can basically do everything online via their easy-to-use website. I closed a CD and added the proceeds to another CD (within the 10-day grace period) in under five minutes. I have other online bank accounts but Ally is the best!

  • Joe

    September 22, 2018 |

    Online CDs 12 Month Rates

    I opened a new account sent app in by mail and never received a response by e-mail or post. Customer service parroted proceeduses promised documentation never came, had to contact the Utah Banking Commission home to Ally Bank Charter to get a response Ally wanted 20 more days after the two weeks I already waited for any kind of response they received my money, very poor customer service, there system is robotic and so are the people unable to even send a courtsey reply, big mistake

  • Russell Rodgers III

    August 18, 2018 |

    Online Savings Rates

    I love Ally. It is the best bank on this list. find the 1.80% savings rate on this table to be deceptive. You can just open the 11 Month No Penalty CD and cancel whenever you want. The rate is 20 basis points higher than the savings rate right now and it is the same thing as a savings account. If you showed that rate and no this one it would be the best rate on the table and then nobody would have any need to mess with any of this other stuff.

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