Ally Financial is an American financial institution who operate their locations around the United States. The company trades publicly on the New York Stock Exchange and based in Detroit, Michigan. The company’s premier services include brokerage solutions, car finance, online banking, vehicle service contracts, mortgages, and credit cards. This bank holding company is owned jointly by The Vanguard Group, Franklin Resources, JPMorgan Chase, and Harris Associates. They have an employ force of more than 7,500 people through which they serve 18,000 automotive dealerships and over 4 million retail customers. The company was established as GMAC in 1919 and operate under the same name till 2009. There are many social & sports events sponsored by the company that include Time Magazine Quality Dealer Award and South Florida Auto Show.
Ally Financial Solutions
There is a great plethora of financial services offered by the company that include banking, auto, loans, investment and other related solutions. The banking category consist of checking & saving accounts, and certificate of deposit services, whereas the credit card category include cashback card that offer a great variety of benefits to the customers.
On the other hand, the auto services include personal, business & RVs vehicle financing. Additionally, the company offer home loan solutions in some regions. In the United States, the company is considered as one of the biggest bank auto lenders in terms of volume. The main competitors of Ally are Bank of America, Wells Fargo, and JP Morgan Chase.