See reviews below to learn more or submit your own review. Ally Bank has financial roots that go back to 1920, but it was established as a digital bank in 2009. It was one of the first 100% online ...

Ally Bank was founded in 1919 by GM Motors to help buyers finance vehicles. It was called GMAC and kept that name until 2009 when it became Ally Bank. Today it is one of the top 25 largest banks ...

It also plans to keep some mortgages on Ally's own balance sheet to be held long-term. Crippled by ResCap's mortgage losses, GMAC transformed into a bank holding company in December 2008 to ...

Table of Contents Ally Bank started as GMAC, the financing division of General Motors, and got into banking services in 2000 ...

Ally was rebranded from GMAC Bank, a subdivision of the century-old General Motors Acceptance Corporation (GMAC), units of which had faced bankruptcy during the subprime mortgage market collapse ...

Who owns Ally Bank? Ally Bank is part of Ally Financial Inc. Ally originally launched in 1919 as GMAC, a division of GM, to allow auto dealers to finance their inventory and keep up with demand ...

Ally Bank ranked third with a score of 731 out of ... the U.S. It previously was known as General Motors Acceptance Corp. (GMAC), operating as a subsidiary of automaker General Motors.

Ally Bank started as General Motors Acceptance Corp (GMAC) and became the Ally Bank we now know today in 2009. Today Ally Bank is a full-service banking solution no matter where you are in the U.S ...

Ben Gran is a freelance contributor for Forbes Advisor on banking. He also writes for The Ascent (a Motley Fool service), where he covers insurance, credit cards, personal finance and investing.

Ally Bank holds licenses to do business in all states and currently operates in 46 states and Washington, D.C. Founded as GMAC in 1919, Ally Bank began as an automobile financing company.