Ally Bank – CD Rates Review
October 6th, 2011
Updated 3/23/2020
Ally Bank (formerly GMAC) has some competitive rates. They have tried to steer clear of the GMAC badge and re-create themselves as a no-nonsense bank. Opened in August of 2004, they changed the name in May 2009. They have grown quite rapidly and now are one of the larger banks in the country with over $159 Billion in assets.
| Current Rates: | |
| Updated: | 3/23/2020 |
| 6-Months: | 0.75% |
| 9-Months: | 1.00% |
| 1-Year: | 1.50% |
| 18-Months: | 1.75% |
| 2-Year: | 1.50%* |
| 3-Year: | 1.55% |
| 4-Year: | 1.50%* |
| FDIC# | 57803 |
| Stats Updated: | 9/19 |
| Star Rating: | 4 (****) |
| Assets: | $167.0BB |
| Equity: | $16.9BB |
| Capital Ratio: | 10.16% |
| Profits(loss): | $1.6MM |
| Address: | 200 West Civic Centre Drive Sandy, UT 84070 |
| Penalty: | 60-days of lost interest (2-year CD) |
| Website: | www.ally.com |
Ally Bank has strong financials. Use the FDIC page to find a bank and generate comprehensive financial or demographic reports, and find bank locations or groups of banks.
Check out our CD Rates Comparison page. It is updated weekly.
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*The 2-year and 4-year Raise Your Rate CD's offer a bump-up feature. You have the option to increase your rate once with their 2-year CD or twice with our 4-year CD if the rate for your term and balance tier goes up. Your original CD term remains intact.
-- By Chris Duncan
