Ally Financial

November 2, 2025 - In May 2009, GMAC Bank was rebranded as Ally Bank.

May 7, 2025 - Ally Bank was formerly known as General Motors Acceptance Corporation (GMAC) Bank. It is owned by Ally Financial Inc and is a significant part of the financial world. But who holds the keys to this thriving institution?

May 17, 2009 - As of Friday, GMAC Bank has become Ally Bank, which will offer a variety of savings products, including no-penalty certificates of deposits, online savings accounts and money market accounts.

Answer (1 of 4): The company was renamed Ally Financial in 2010, although it was founded in 1919 as the General Motors Acceptance Corporation (GMAC) to be a provider of financing to automotive customers.

The world didn't need another bank — it needed a better one. We decided to make a stand on our commitment to customers and put our promise in our name. So we transformed our banking subsidiary into Ally Bank on 3 simple principles: do right, talk straight and be obviously better.

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We are also one of the largest ... 1956, as amended (the BHC Act). Our banking subsidiary, Ally Bank, is an indirect wholly owned subsidiary of Ally Financial Inc....

November 15, 2025 - Ally Financial Inc. (ALLY) is the nation's largest all-digital bank, but how does a company with over $191.711 billion in total assets and a projected $8.082 billion in 2025 annual revenue actually make its money in a tightening credit market?

May 15, 2009 - GMAC LLC, stung by billions of dollars in losses at its auto finance and mortgage units, on Friday scrapped its own name from its banking unit, which it will now call Ally Bank in an effort to gain customers.

Everyone is better off with an ally, especially when financial services like ours are in service of you. Auto · Banking · Corporate Finance · Dealer Services · Investing · Want to learn more? Check out some of the awesome things we’ve been up to lately, and read up on the amazing people who help us Do it Right.

October 27, 2024 - Ally is an extremely old bank, founded before the 1920s. Ally is a new name for an institution that many Americans already know: GMAC, also known as GM Motor Credit.

Legal Name: ALLY FINANCIAL INC.

September 1, 2023 - Ally Bank, one of the largest banks by assets in the United States, is also one of the first (the first, according to the bank) to operate a purely digital banking network in the country. The company launched at a time when faith in the banking system was at an all-time low, and digital banks were unheard of.

Manage your money with Ally: online banking, auto financing, and investments. Financial products designed to help you pursue your goals.

Further, the company offers commercial banking products and services; and securities brokerage and investment advisory services. The company was formerly known as GMAC Inc. and changed its name to Ally Financial Inc.

IB FINANCE HOLDING COMPANY, LLC IS THE SOLE SHAREHOLDER OF ALLY BANK. EFFECTIVE DECEMBER 24, 2008 BY ORDER OF THE UTAH DEPARTMENT OF FINANCIAL INSTITUTIONS, THE BANK CONVERTED FROM A UTAH-CHARTERED INDUSTRIAL BANK TO A UTAH-CHARTERED COMMERCIAL BANK. EFFECTIVE MAY 15, 2009, GMAC BANK CHANGED ...

Ally Bank 200 West Civic Center Dr Sandy, UT 84070

July 21, 2023 - In May 2009, GMAC Bank was rebranded as Ally Bank.

Kenster1 wrote:Go to Gmacbank.com and you'll see the change. Online Savings Account is still 2.25% Ally has an ad for 2.8% CDs.