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2013 Archives
May 14, 2013
Ally Financial Enters Comprehensive Settlement to Resolve ResCap-Related Matters
NEW YORK, May 14, 2013 -- Ally Financial Inc. (Ally) today announced that it has entered into a comprehensive plan support agreement with the Residential Capital, LLC (ResCap) estate and its...More
May 2, 2013
Ally Financial Completes Sale of Mexican Insurance Business
DETROIT, May 2, 2013 -- Ally Financial Inc. (Ally) today announced that it has completed the sale of its Mexican insurance business, ABA Seguros, to the ACE Group.  Ally received approximately...More
May 2, 2013
Ally Financial Honors TIME Dealer of the Year Winner
Makes charitable donations in support of winner and finalists
JACKSONVILLE, N.C., May 2, 2013 -- Ally Financial recently honored Michael Alford of Marine Chevrolet Cadillac as the 2013 TIME Dealer of the Year winner and presented a charitable grant to...More
May 1, 2013
Ally Financial Reports Preliminary First Quarter 2013 Financial Results
NEW YORK, May 1, 2013 --  First quarter 2013 net income of $1.1 billion Core pre-tax income, excluding repositioning items, of $207 million Completed sale of majority of international businesses;...More
Apr 23, 2013
Ally Financial Schedules Release of First Quarter 2013 Financial Results
NEW YORK, April 23, 2013 -- Ally Financial Inc. (Ally) has scheduled the release of its first quarter 2013 financial results for Wednesday, May 1, 2013. The press release will be issued at 8 a.m....More
Apr 19, 2013
Ally Financial Partners with the Federal Reserve Bank of Chicago for Money Smart Week
Ally Wallet Wise helps consumers learn the basics of personal finance
DETROIT, April 19, 2013 –- Consumers in Detroit and Atlanta will have an opportunity to boost their money smarts this April with the return of Money Smart Week. Ally Financial is hosting 14...More
Apr 18, 2013
Ally Financial Declares Dividends on Preferred Stock
DETROIT, April 18, 2013 -- The Ally Financial Inc. (Ally) board of directors has declared quarterly dividend payments for certain outstanding preferred stock.  Each of these dividends were...More
Apr 17, 2013
Ally Bank Completes Sales of Mortgage Servicing Rights
MIDVALE, Utah, April 17, 2013 -- Ally Bank, the direct banking subsidiary of Ally Financial Inc., today announced that it completed the sales of approximately $115 billion in unpaid principal...More
Apr 10, 2013
Ally Bank Wins 2013 TNS Choice Award for Direct Banking
MIDVALE, Utah (April 10, 2013) – Ally Bank has won a 2013 TNS Choice Award for Direct Banking for achieving superior performance in the online banking segment. The TNS Choice Awards recognize...More
Apr 4, 2013
Ally's Auto Finance, SmartAuction Businesses Receive "Dealers' Choice" Awards
DETROIT, April 4, 2013 -- Ally Financial's Auto Finance business was named a Diamond Award recipient in the "Prime Captive Finance Company" category of Auto Dealer Monthly's 2013 "Dealers' Choice...More
Apr 4, 2013
U.S. Consumers Score a “B” in Financial Literacy
DETROIT (April 4, 2013) -- Consumers across the U.S. have a basic understanding of personal finance concepts but know less about budgeting and saving, according to results of an Ally Wallet Wise...More
Apr 2, 2013
Ally Financial Completes Sale of Majority of European and Latin American Operations
DETROIT, April 2, 2013 -- Ally Financial Inc. (Ally) today announced that it completed the sale of the majority of its operations in Europe and Latin America to General Motors Financial Company,...More
Apr 1, 2013
Ally Launches 30 Days of Financial Literacy
DETROIT, April 1, 2013 -- In celebration of Financial Literacy Month, Ally Financial will launch its "30 Days of Financial Literacy" initiative featuring more than 30 personal finance classes...More
Mar 21, 2013
Ally Bank Reaches Agreement to Sell Remaining Mortgage Servicing Rights
MIDVALE, Utah, March 21, 2013  -- Ally Bank, the direct banking subsidiary of Ally Financial Inc., today announced that it has reached an agreement to sell its remaining agency mortgage servicing...More
Mar 15, 2013
Ally Financial Announces Renewal of $11 Billion in Credit Facilities
DETROIT, March 15, 2013 -- Ally Financial Inc. today announced that it has completed the renewal of $11 billion in credit facilities at both the parent company and at its banking subsidiary, Ally...More
Mar 12, 2013
Ally Bank Reaches Agreement to Sell Mortgage Servicing Rights
MIDVALE, Utah, March 12, 2013 -- Ally Bank, the direct banking subsidiary of Ally Financial Inc., today announced that it has reached an agreement to sell a portfolio of agency mortgage servicing...More
Mar 7, 2013
Ally Financial Statement on Dodd-Frank Act Stress Test Results
DETROIT, March 7, 2013 – Ally Financial believes that the Federal Reserve’s analysis of Ally’s capital adequacy for the Dodd-Frank Act Stress Test (DFAST) is fundamentally flawed and, while...More
Mar 4, 2013
Ally Financial Launches New Ad Campaign for Auto Business
DETROIT, March 4, 2013 – Ally Financial has launched a new advertising campaign for its U.S. automotive business, as the company continues to grow and diversify its dealer client base....More
Feb 26, 2013
Ally Bank Wins Two 2013 Stevie® Awards for Sales & Customer Service(SM)
Ally honored at the seventh annual competition with Award for Innovation in Customer Service - Banking, Financial Services & Insurance, and the e-Commerce Customer Service Award.
MIDVALE, Utah, Feb. 26, 2013 -- Ally Bank has won two awards in the 2013 Stevie® Awards for Sales & Customer Service(SM)—the Innovation in Customer Service Award - Banking, Financial Services &...More
Feb 19, 2013
Americans Highly Concerned with Living Comfortably Through Retirement, Ally Bank Survey Finds
Expanded IRA contribution limits and customized retirement products offer increased opportunities for savings in early 2013
MIDVALE, Utah, Feb. 19, 2013 -- According to an Ally Bank survey of more than 1,000 Americans, living comfortably through retirement tops the list of concerns when it comes to specific...More
Feb 18, 2013
Ally Bank Reaches Agreement to Sell Business Lending Mortgage Operation
MIDVALE, Utah, Feb. 18, 2013 -- Ally Bank, the direct banking subsidiary of Ally Financial Inc., today announced that it has reached an agreement to sell its Business Lending mortgage operation...More
Feb 11, 2013
Dealers Confident About 2013 Auto Sales, Ally Financial Survey Shows
DETROIT, Feb. 11, 2013 -- Auto dealers remain optimistic about a continued increase in auto sales in 2013, with nearly 60 percent surveyed expecting their sales to grow by more than 10 percent...More
Feb 9, 2013
TIME and Ally Financial Honor 2013 Dealer of the Year
Ally provides charitable grants to winner and finalists to support community causes
ORLANDO, Fla., Feb. 9, 2013 - TIME and Ally Financial are pleased to announce that Michael Alford, president of Marine Chevrolet Cadillac in Jacksonville, N.C., has been named the 2013 TIME Dealer...More
Feb 8, 2013
Ally Financial Leads Industry in U.S. Consumer and Dealer Auto Financing
DETROIT, Feb. 8, 2013 -- For the second year in a row, Ally Financial ranked number one in financing consumer auto sales in the U.S., according to AutoCount by Experian Automotive.  The company...More
Feb 5, 2013
Ally Financial Reports Preliminary Fourth Quarter and Full Year 2012 Financial Results
NEW YORK, Feb. 5, 2013 -- Fourth quarter 2012 net income of $1.4 billion Full year 2012 net income of $1.2 billion Results benefited $1.3 billion from release of tax valuation allowance and...More
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