What is Ally Bank?
Ally is a global bank holding company with roots going back to 1919. Built on the foundation of GMAC Financial Services, and initially formed to provide financing products and services to General Motors dealers and customers, Ally has operated independently since November 30, 2006. On December 24, 2008 we were approved by the U.S. Federal Deposit Insurance Corporation to operate as a bank holding company. And today we enjoy a greater diversity of ownership than at any prior time in our history. As of March 31, 2010, Ally had approximately $179 billion in assets, with millions of customers worldwide. Ally’s goal is to provide individual and institutional investors with opportunities to achieve their financial goals while communicating the details of these opportunities in a clear, credible, and straightforward manner. We’re a bank that values integrity. A bank that will always be open, accountable, and honest. We believe in talking straight, doing right, and being obviously better.
