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Monday, March 22, 2010 7:35 AM

Ally Bank

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Type: Company
Name: Ally Bank
First Reported Mar 09 2010 - Updated Mar 09 2010 - 1 Documents

Highest Rates on A Savings Account

Here is a list of the highest interest rates on a savings account for the month of March.1.   SmartyPig                               2.01%2.   Bank of Internet                    1.50%3.   Capital One                            1.45%4.   Discover Bank                      ... [Published Mar 09 2010 by Benzinga.com]
First Reported Mar 02 2010 - Updated Mar 02 2010 - 1 Documents

Ally Bank CDs Offer Protection From Rising Interest Rates?

Ally Bank has been making several customer-friendly tweaks to their product line which are worthy of note. First up are two that give you a way to lock in a higher rate, but with a handy exit plan in case rates start rising due to inflation or ... [Published Mar 02 2010 by WPNI Blogroll - Money Blogs]
First Reported Mar 01 2010 - Updated Mar 01 2010 - 1 Documents

GMAC Pays Carpenter $1.2 Million, Marano $5.7 Million (Update1)

(Adds details on Marano pay starting in third paragraph.)March 1 (Bloomberg) -- GMAC Inc., the lender majority owned by the U.S. government, paid Chief Executive Officer Michael Carpenter $1.2 million for the month-and-a-half he was employed by the company ... [Published Mar 01 2010 by BusinessWeek]
First Reported Feb 25 2010 - Updated Feb 25 2010 - 1 Documents

Big banks try and make nice with you

NEW YORK (CNNMoney.com) -- Don't look now, but your big bank wants you back.Much like a cheating lover trying to make up for past transgressions, some of the nation's top lenders have attempted to make peace with consumers lately.Earlier this month, Citigroup ... [Published Feb 25 2010 by CNN]
First Reported Feb 18 2010 - Updated Feb 19 2010 - 2 Documents

Originators Work More For Less; FHA Tips from Citi;...

r and Nobody Came' was a 1970 movie with Ernest Borgnine and Tony Curtis (both of whom are still with us). What if the Treasury gave an auction and nobody bid, aside from Primary Dealers who must bid? That is one of the fears that drove prices down and ... [Published Feb 19 2010 by MortgageNewsDaily]
First Reported Dec 09 2009 - Updated Dec 09 2009 - 1 Documents

Thanks to This Week's Advertisers

A quick word of thanks to this week's advertisers on Above the Law: Ally Bank Bombay Sapphire Kinney Recruiting Lateral Link LexisNexis Probono Manager Starwood Hotels The Atlantic ... [Published Dec 09 2009 by Above the Law]
First Reported Dec 08 2009 - Updated Dec 08 2009 - 1 Documents

Is Your Money Market Mutual Fund Yielding Zero?

In their most recent newsletter, Vanguard had an article about money market funds called Stability for yield: A fair trade? which basically warned investors about leaving their money market funds for other places because the extra return usually comes ... [Published Dec 08 2009 by WPNI Blogroll - Money Blogs]
First Reported Nov 19 2009 - Updated Nov 19 2009 - 1 Documents

Savings Account Interest Rate Updates

Still not much action in interest rate land, but here’s another update. Reward Checking Accounts These are checking accounts, usually through local credit unions, that pay a very high interest rate if you jump through some hoops each month. However, ... [Published Nov 19 2009 by WPNI Blogroll - Money Blogs]
First Reported Nov 17 2009 - Updated Nov 17 2009 - 1 Documents

Why GMAC Shouldn't Have a Government Ally

Rolfe Winkler, CFA submits: Al de Molina’s tenure as CEO of GMAC was short and rocky, punctuated by bailouts and controversy over the morally hazardous tactics of subsidiary Ally Bank. His strategy hasn’t worked and Ally’s anti-competitive behavior ... [Published Nov 17 2009 by Financial Sector and Stocks Analysis from Seeki ...]
First Reported Nov 17 2009 - Updated Nov 17 2009 - 1 Documents

GMAC shouldn’t have a government ally

Al de Molina’s tenure as CEO of GMAC was short and rocky, punctuated by bailouts and controversy over the morally hazardous tactics of subsidiary Ally Bank. His strategy hasn’t worked and Ally’s anti-competitive behavior is hurting other banks. The ... [Published Nov 17 2009 by Rolfe Winkler - Reuters]
First Reported Nov 06 2009 - Updated Nov 07 2009 - 2 Documents

You’ve seen the TV ads. So what is Ally Bank? (AP)

AP - Its TV and print ads poke fun at the bait-and-switch tactics of other banks. Its interest rates on CDs have been the most generous in the industry. Read full story ... [Published Nov 07 2009 by M0]
Entities: Ally Bank
First Reported Nov 06 2009 - Updated Nov 06 2009 - 1 Documents

You've seen the TV ads. So what is Ally Bank?

Ally Bank's tactics have drawn in customers, but they've also irked rivals and gotten the attention of regulators. At the heart of the bank's aggressive wooing of depositors is this: As the rebranded banking unit of GMAC Financial Services, Ally ... [Published Nov 06 2009 by Business - cleveland.com]
Entities: Ally Bank, GMAC LLC

Quotes

[Editor's Note: This article is excerpted from Shah Gilani's special investigative report, "The Cold Truth About 'Hot Money:' How Brokered Deposits Became the Third Rail of the American Banking System." Among its revelations, the report presents the inside story on how back-dated accounting allowed IndyMac Bank to keep taking in brokered deposits before...
...unless the nation's banks can deliver a similar tone of accountability and clarity, it will be hard to win back the trust of frustrated customers. "They are going to have to spend a lot more time building trust at the individual level" said Kent Grayson, professor of marketing at the Kellogg School of Management at Northwestern University

More Content

All (47) | News (20) | Reports (0) | Blogs (27) | Audio/Video (0) | Fact Sheets (0)
sort by: Date | Relevance
Bloom and Millstein before the Congressional Ov... [U.S. Treasury - Press Releases - All - Mar 14 2010]
Highest Rates on A Savings Account [Benzinga.com - Mar 09 2010]
GMAC Pays Carpenter $1.2 Million, Marano $5.7 M... [BusinessWeek - Mar 01 2010]
How Hot Money is Wrecking the U.S. Banking Syst... [Market Oracle - Feb 26 2010]
Big banks try and make nice with you [CNN - Feb 25 2010]
SmartAuction Introduces Limited Credit Lines fo... [Auto Remarketing - Feb 24 2010]
Optimistic Mortgage Studies; February Productio... [MortgageNewsDaily - Feb 24 2010]
Optimistic Mortgage Studies; February Productio... [MortgageNewsDaily - Feb 23 2010]
BRIEF-Moody's rates First Ally Bnk sponsd floor... [FinanzNachrichten.de - Feb 19 2010]
Originators Work More For Less; FHA Tips from C... [MortgageNewsDaily - Feb 19 2010]
Originators Work More For Less; FHA Tips from C... [MortgageNewsDaily - Feb 18 2010]
Ally Earns the Top Spot among Financial Service... [TradingMarkets - Feb 16 2010]
Rasmussen Named to Top Tribal DDB U.S. Creative... [Stockwatch - Jan 06 2010]
US bails out General Motors-related company GMA... [Guardian.co.uk - Jan 01 2010]
US takes controlling stake in GMAC in third bai... [AFP via Yahoo! - Dec 31 2009]
$3.8 Billion More for GMAC [The Washington Independent - Dec 30 2009]
The answer is in autos, new GMAC chief says [Philadelphia Inquirer - Nov 18 2009]
GMAC CEO Alvaro de Molina Steps Down [The Huffington Post | Full News Feed - Nov 17 2009]
Under attack [USA Today - Aug 10 2009]
GM, by any other name? [Tennessean - Jun 14 2009]
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Blogs

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What Will Happen to GMAC? [WSJ.com: Deal Journal - Mar 17 2010]
General Motors looks to be taking the GM out of GMAC. The auto maker says it won’t try to regain control of its former finance arm, GMAC Financial Services. GM ...
Dan Coats Hypocritical Lobbying: Floorplans, No... [Emptywheel - Mar 13 2010]
Eric Kleefield uncovers a heap of hypocrisy in IN Senate candidate Dan Coats’ lobbying record, but he misunderstands what it means. Former Sen. Dan Coats (R-IN) ...
Ally Bank CDs Offer Protection From Rising Inte... [WPNI Blogroll - Money Blogs - Mar 02 2010]
Ally Bank has been making several customer-friendly tweaks to their product line which are worthy of note. First up are two that give you a way to lock in a higher ...
Best Banks With Consistently High Interest Rates [WPNI Blogroll - Money Blogs - Feb 26 2010]
It’s one thing to find a bank with a high interest rate, and another thing to have that rate stay high. Many banks post teaser-like rates to attract deposits, and ...
From Out of the Mouths of Babes … Come New Comm... [Media Decoder - Feb 19 2010]
A campaign for Ally Bank will continue to feature kids and the things they say in the face of what are meant to be idiotic adult activities. ...
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