Ally Bank (FDIC certificate 57803) was established in 2004 and operates online. Ms. Diane Morais, President/CEO of Ally Bank, leads a team of 834 employees.The bank's parent holding company, ALLY FINANCIAL INC. is based in Detroit, MI.
Ally Bank, headquartered in Midvale, UT, is rated three and a half stars for financial strength by BauerFinancial, Inc., the nation’s leading bank rating firm. As a general rule, a three and a half star rating is “Good” and indicates that, among other things, this institution meets all federal capital requirements.
Ally Bank is a state chartered commercial bank and not a member of Federal Reserve. With $104 billion in total assets, the FDIC classifies the bank’s asset concentration as "Commercial Lenders" which is defined as institutions whose commercial and industrial loans, plus real estate construction and development loans, plus loans secured by commercial real estate properties exceed 25 percent of total assets.
Trust powers have been granted to the bank which means it has the right to act as a trustee, executor, administrator, registrar of stocks and bonds, guardian of estates, or in any other fiduciary capacity allowed under the laws of the state in which it is located.
Ally Bank Products & Services
Ally bank is a leader in the online banking space. Evaluate their rates and account options below, then open an account securely to take advantage of these great rate offers.
Ally Bank Products
Raise Your Rate CD
Individual Retirement Accounts
Automotive Financing Products
GM Vehicle Service Contracts
Locations, Hours, & Customer Service Contact
Hours of Operation
Ally Bank Location : Headquarters
Ally Bank: National Interest Rates
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Ally Bank Truely is the Best Online Bank
I have had no problems with them, they have friendly customer service and great rates. Can't complain about anything. I would definitely recommend them!