Ally Bank Online Banking


Updated: June 4, 2019


ally bank logo

 

 Foundation year:1919
 FounderGeneral Motors
 Key PeopleFranklin W. Hobbs (Chairman) | Jeffrey J. Brown (CEO) | Christopher A. Halmy (CEO)
 Headquarters:Detroit, Michigan
 Website:https://www.ally.com/
 Mobile app:Android/Apple
☎ Telephone number:+1-877-247-2559
 Routing number:Learn here
 SWIFT code:CHASUS33
‍? Number of employees:7,900
 Number of locations:Completely online; more than 43,000 fee-free ATM’s from partners
 ATM locatorFind here
 Bank’s Rating
 

 

 Ally Bank: Introduction

Before you will get to know more about how to complete the Ally Bank online banking login procedure, we highly recommend you to learn more about this bank. And, actually, this section of our article aims to disclose a bit of information.

Unlike many other banks, Ally Bank was founded by General Motors back in 1919 in order to provide automotive customers with financing – the headquarters of this bank tends to be Detroit not accidentally. 20 years later, this bank also entered the market of vehicle insurance. This way, the company mostly focused on continuing to serve automotive customers and did not tend to be a “normal” bank.

The changes started to happen in the middle of the 1980s when the company was restructured. Later, the company was transformed into GMAC Real Estate and, as a result, formed GMAC Bank, a branchless bank. In 2005, General Motors sold more than 50% of the bank’s shares to a private equity firm. All in all, the bank’s name was changed to Ally Bank in 2009.

As of 2018, the bank is owned by a large number of minority shareholders, including Harris Associates, The Vanguard Group, BlackRock, Franklin Templeton Investments, and JPMorgan Chase.

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