Posts filtered by tags: Ally Bank[x]


 

Affirm revealed its IPO paperwork. Here's a look inside the buy now, pay later frenzy, the new twist on financing that is a must have for everyone.

Klarna markets itself as a 'smoooth shopping' experience. Thomas Concordia/Getty Images Point-of-sale financing isn't new, but it's gotten renewed attention as a wave of startups like Affirm, Afterpay, and Klarna acquired millions of new users during the coronavirus pandemic. On Wednesday, Affim published its S-1, the paper detailing its planned initial public offering.  These fintechs offer consumers the ability to buy now, pay later, both online and in-store. And now, incumbents ...
Tags: Apple, Google, Amazon, Japan, UK, Etsy, Australia, France, Finance, China, US, Trends, Paypal, David, Canada, Tencent


Ally Bank Ads Contrast Old Dumb Money Against Clever Digital Options

Consumers spending too much time on banking due to antiquated methods is the target of the latest ads from the nation's largest direct bank. The post Ally Bank Ads Contrast Old Dumb Money Against Clever Digital Options appeared first on The Financial Brand.
Tags: Finance, Advertising, Branding, Digital Banking Strategies, Ally Bank, Featured Content


Ally Bank Removed Online Early Withdrawal From No-Penalty CDs

I have some money in a no-penalty CD at Ally Bank. A no-penalty CD offers the best of both worlds: The interest rate is guaranteed not to go down during the term, and the money stays liquid at all times. If you need money before the CD matures, there is no early withdrawal penalty. It used to be very easy to break a CD at Ally Bank. You go through an online interface and choose to transfer the money to an Ally savings account or a linked external account. Now Ally Bank quietly removed the sim...
Tags: Security, Marketing, Google Voice, Cd, Marcus, Banking and Credit Cards, Ally Bank, Marcus Marcus


How leaders should address racially charged events — and what to avoid — according to a crisis PR expert

Corporate leaders need to recognize that many people are hurting right now. Scott Olson/Getty Images Business executives may want to wait until they have all the information surrounding the police shooting of Jacob Blake before making a statement. But this may not be a good idea. One of the biggest mistakes corporate leaders make when addressing a racially charged event is waiting too long, or not saying anything at all, according to LaToya Evans, communications and PR expert who's worked w...
Tags: US, Trends, Wisconsin, Mlb, Evans, KENOSHA Wis, Scott Olson, Ally Bank, Manpower Group, NBA WNBA, Getty Images Business, IBM Bank of America, Marguerite Ward, Jacob Blake, LaToya Evans


Ally Bank is wiping out customers' negative balances so they can receive their full stimulus payments — and they don't have to repay anything (ALLY)

Banks are allowed to use customers' stimulus payments to cover debts.  Ally Financial said Wednesday it would forgive overdrafts — without asking for repayment — so clients can receive their whole check.  The bank, like most of its peers, has also increased its payment leniency on loans.  Visit Business Insider's homepage for more stories. Ally Financial, the digital-only bank with some $180 billion in assets, said Wednesday that it was forgiving many customer's debt in order for them to rece...
Tags: US, Trends, Business Insider, Ally, Ally Bank, Ally Financial, Jeffrey Brown Ally


Homeowners may delay mortgage payments up to 1 year due to virus

The move by Fannie Mae and Freddie Mac came days after President Trump announced that delayed mortgage payments may be an option for borrowers amidst the coronavirus pandemic.
Tags: Bank Of America, Radio, Columbia University, Mortgage, Trump, Freddie Mac, Fannie Mae, Markets & Economy, Select, News Brief, Ally Bank, President Trump, Mortgage Payments, Mortgage Borrowers, Forbearance, Coronavirus


Lock In Good CD Rates Before They Disappear

As recent as two weeks ago, the federal funds rate was still 1.5%. In two big moves, the Fed dropped the rate to zero. Federal Funds Rate, 01/2000 – 03/2020 Short-term Treasury yields followed suit. The yield on six-month Treasury bills went from 1.5% a month ago to 0.08% yesterday. Short-Term Treasury Yields, 02/2020 – 03/2020 Banks and credit unions are also dropping their rates on savings accounts and CDs but they aren’t reacting as fast as the bond market. Some banks an...
Tags: Marketing, Treasury, Fed, Navy Federal Credit Union, Banking and Credit Cards, Ally Bank, GTE Financial


Which Consumer Lenders Are (and Aren’t) Helping the Most

Goldman Sachs, a punching bag during the last economic catastrophe, is leading the way as the coronavirus outbreak threatens consumers’ livelihoods. Ally Bank, a bailout beneficiary last time, hasn’t matched it.
Tags: Credit Cards, News, Mortgages, Goldman Sachs, Goldman Sachs Group Inc, Banking and Financial Institutions, Credit and Debt, Ally Bank, Personal Finances, Coronavirus (2019-nCoV


Ally Financial is 'looking closely' at adding human wealth advice — and that could mean a partnership or acquisition to get there

Ally Financial is exploring new financial-planning offerings to attract its mass-affluent customers onto its Ally Invest platform, Diane Morais, president of consumer and commercial banking products at Ally Bank, told Business Insider. "We're looking pretty closely right now at more hybrid advice," Morais said. Ally Invest, which has robo and self-directed investing options, was rebranded after Ally's acquisition of brokerage TradeKing in 2016. Morais did not give any specific timeline for the...
Tags: Trends, Netflix, Silicon Valley, WeWork, Business Insider, Charles Schwab, Cross, Morais, HCS, Ally, Ally Bank, TradeKing, Diane Morais, Dinesh Chopra, Anand Talwar, Ally Bank Ally


Ally Financial is 'looking closely' at adding human wealth advice for its digital bank's richer customers

Ally Financial is exploring new financial-planning offerings to attract its mass-affluent customers onto its Ally Invest platform, Diane Morais, president of consumer and commercial banking products at Ally Bank, told Business Insider. "We're looking pretty closely right now at more hybrid advice," Morais said. Ally Invest, which has robo and self-directed investing options, was rebranded after Ally's acquisition of brokerage TradeKing in 2016. Morais did not give any specific timeline for the...
Tags: Trends, Netflix, Silicon Valley, WeWork, Business Insider, Charles Schwab, Cross, Morais, HCS, Ally, Ally Bank, TradeKing, Diane Morais, Dinesh Chopra, Anand Talwar, Ally Bank Ally


Best Interest Rates on Cash – February 2020

Here’s my monthly roundup of the best interest rates on cash for February 2020, roughly sorted from shortest to longest maturities. I track these rates because I keep 12 months of expenses as a cash cushion and also invest in longer-term CDs (often at lesser-known credit unions) when they yield more than bonds. Check out my Ultimate Rate-Chaser Calculator to see how much extra interest you’d earn by moving money between accounts. Rates listed are available to everyone nationwide. Rates check...
Tags: Marketing, US, Investing, Banking, Treasury, SEC, Fidelity, Bill, Marcus, Vanguard, FDIC, CIT Bank, Navy Federal Credit Union, Deals & Offers, Ally Bank, APY


Ally Bank Review – Best-in-Class Savings and Interest Checking

If you want a bank that will allow you to save your money, invest it, or just have an account without any hidden fees, then Ally Bank is the place to go. Whereas many other online banks offer only savings accounts and CDs, Ally Bank offers a full suite of banking services. With one of the best high-yield savings accounts in the nation, along with interest-paying checking accounts and attractive rates across the board — not to mention a lack of fees — Ally Bank has become one of the most popular ...
Tags: Apple, Google, Marketing, Samsung, Customer Service, EMV, Bank, Philadelphia, Ira, Federal Reserve, Mastercard, FDIC, Ally Bank, Ally Financial, Chase Business Checking, Allpoint


Ally's head of strategy told us how one of the first digital banks picks fintechs to partner with, invest in, and buy

Ally Financial's Ally Bank, one of the oldest digital-only banks in the US, may be branchless, but it's not a neobank. In addition to credit and savings accounts, Ally offers mortgages and trading accounts. We spoke to Dinesh Chopra, Ally's head of strategy, about his outlook on M&A, partnering with other fintechs, and Ally's venture investing.  In April, Ally announced it had teamed up with mortgage startup Better.com. Ally's venture arm also invested in Better's Series C fundraising round. A...
Tags: US, Trends, Gm, Peter Thiel, Citigroup, WeWork, Citi, Chopra, FDIC, GMAC, Bancorp, Ally, Ally Bank, Dinesh Chopra Ally, Better com Ally, Dinesh Chopra


Best Interest Rates on Cash – January 2020

Here’s my monthly roundup of the best interest rates on cash for January 2020, roughly sorted from shortest to longest maturities. I track these rates because I keep 12 months of expenses as a cash cushion and also invest in longer-term CDs (often at lesser-known credit unions) when they yield more than bonds. Check out my Ultimate Rate-Chaser Calculator to see how much extra interest you’d earn by moving money between accounts. Rates listed are available to everyone nationwide. Rates checke...
Tags: Marketing, US, Investing, Banking, Treasury, SEC, Fidelity, Ira, Bill, Vanguard, FDIC, Ach, CIT Bank, Navy Federal Credit Union, Customers Bank, Deals & Offers


Ally's head of strategy explains why one of the oldest digital banks is embracing fintech partnerships instead of building its own tech

Ally Financial's Ally Bank, one of the oldest digital-only banks in the US, may be branchless, but it's not a neobank. In addition to credit and savings accounts, Ally offers mortgages, and trading accounts. We spoke to Dinesh Chopra, Ally's head of strategy, about his outlook on M&A, partnering with other fintechs, and the Ally's venture investing.  In April, Ally announced it had teamed up with mortgage startup Better.com. Ally's venture arm also invested in Better's Series C fundraising rou...
Tags: US, Trends, Gm, Peter Thiel, Citigroup, WeWork, Citi, Chopra, FDIC, GMAC, Bancorp, Ally, Ally Bank, Dinesh Chopra Ally, Better com Ally, Dinesh Chopra


Best Interest Rates on Cash – December 2019

Here’s my monthly roundup of the best interest rates on cash for December 2019, roughly sorted from shortest to longest maturities. I track these rates because I keep a full 12 months of expenses as a cash cushion and also invest in longer-term CDs (often at lesser-known credit unions) when they yield more than bonds. Check out my Ultimate Rate-Chaser Calculator to see how much extra interest you’d earn by moving money between accounts. Rates listed are available to everyone nationwide. Rat...
Tags: General, Marketing, US, Treasury, Orion, SEC, Fidelity, Bill, Short, Vanguard, FDIC, Bil, CIT Bank, Customers Bank, Redneck Bank, Ally Bank


Ally Invest Promotions – Up to $3,500 Bonus for New Customers

Open an Ally Invest account now, and receive up to a $3,500 cash bonus. Ally Invest has consistently been rated as one of the leading online discount brokers, with best in class features, including commission-free trades, no account minimums, a long list of investment and account options, a robust trading platform, and excellent trading tools. You also have the ability to link your brokerage account with an Ally Bank account, giving you quick access to your cash. Ally Invest has also won numerou...
Tags: Marketing, SEC, Ira, Barron, FINRA, Ally Bank, Coverdell ESA, ACAT, Firstrade, Brokerages, SmartMoney Magazine Kiplinger, TradeKing Securities LLC, NA Schwab, Annuities College


Ally Invest Review – Commission-Free Online Stock Trades

With zero commissions on most trades, no required account minimums, and an optional managed portfolio, it’s no wonder Ally Invest is one of the most popular online stock brokers. Whether you’re new to investing or have some experience placing trades, Ally Invest might be a good fit for you. In this Ally Invest review, we’ll take an in-depth look at this service to help you decide if it’s the right stock broker for you. .wp-review-1009.review-wrapper { font-family: 'Open Sans', sans-serif...
Tags: Marketing, Customer Service, Bank, SEC, Ira, U S Treasury, FDIC, FINRA, Ally Bank, Coverdell, Learning Center, Brokerages, Ryan Guina, Ally Invest, Annuities College, Ally Bank However


Is Your Big Emergency Fund Holding You Back?

It’s critical to set aside an emergency fund, but what is the optimal amount to have? Believe it or not, having too much may be hurting you! Table of Contents Drawbacks of an Excessively Large Emergency Fund How a Large Emergency Fund Could Keep You from Growing Your Wealth How to Calculate the Optimum Size for Your Emergency Fund How to Determine If You Have Too Much Money in Your Emergency Fund How to Cover Sudden Costs with Emergency Funds How to Invest Your Emergency Fund Here are the Be...
Tags: Personal Finance, Budget, Marketing, Investing, Financial Planning, Ira, Money Management, FDIC, ROTH IRA, CIT, Ally Bank, Money and Life, Smart Money, Personal Finance Tips, Food Mortgage Car, Liquidity Liquidity


Best Interest Rates on Cash – November 2019

Here’s my monthly roundup of the best interest rates on cash for November 2019, roughly sorted from shortest to longest maturities. There was another Fed rate cut last week. I track these rates because I keep a full 12 months of expenses as a cash cushion and also invest in longer-term CDs (often at lesser-known credit unions) when they yield more than bonds. Check out my Ultimate Rate-Chaser Calculator to get an idea of how much extra interest you’d earn if you are moving money between acc...
Tags: Marketing, US, Investing, Banking, Treasury, Orion, SEC, Fidelity, Bill, Fed, Vanguard, FDIC, Ultra, First Foundation Bank, CIT Bank, Deals & Offers


The Best Interest Rates for November 2019

F inding the best interest rates is a lot easier today than it was even a few years ago. Here at Dough Roller, we track rates on everything from checking and savings accounts to mortgages to CDs. It occurred to me, however, that there was no one single page on the site where you could find the top rate for each type of account. So we created this page, updated monthly, to track the highest (or lowest) rates available. Deal of the Day : CIT Bank is offering a fantastic 2.10% APY on their Saving...
Tags: Marketing, Banking, Lendingtree, Freddie Mac, FDIC, First Foundation Bank, CIT Bank, FNBO Direct, Ally Bank, Best Credit Card Interest Rates Credit Cards, Vio Bank, First National Bank of America, APY First Security Bank, Kasasa Saver, Fitness Bank, Prime Alliance Bank


Uber is launching 'Uber Money,' a financial services team that could help it save money and pay drivers more quickly (UBER)

Uber has launched "Uber Money," a program focused on financial services like payments and banking.  Peter Hazelhurst, head of the division, told CNBC that the company would eventually like to offer consumer bank accounts, too.  For now, the new unit is focused on expanding instant payments to drivers and couriers, as well as a relaunching an Uber-branded credit card.  Visit Business Insider's homepage for more stories. Uber is launching a new financial services product called Uber Money, the ...
Tags: New York, Australia, India, Digital, US, San Francisco, Trends, United States, Brazil, Cnbc, Hazelhurst, Ally Bank, Hazlehurst, Peter Hazelhurst, Peter Hazlehurst


The Best Interest Rates for October 2019

F inding the best interest rates is a lot easier today than it was even a few years ago. Here at Dough Roller, we track rates on everything from checking and savings accounts to mortgages to CDs. It occurred to me, however, that there was no one single page on the site where you could find the top rate for each type of account. So we created this page, updated monthly, to track the highest (or lowest) rates available. Deal of the Day : CIT Bank is offering a fantastic 2.20% APY on their Saving...
Tags: Marketing, Banking, Lendingtree, Bbva, Freddie Mac, FDIC, Merrick Bank, CIT Bank, FNBO Direct, Ally Bank, Best Credit Card Interest Rates Credit Cards, Vio Bank, Betterment Everyday Savings, APY First Security Bank, Kasasa Saver, Fitness Bank


Marcus by Goldman Sachs Review – Savings, CDs, Loans and More

Marcus Bank by Goldman Sachs turns the image of the high finance world on its head by offering products aimed directly at the middle class. Here’s our full review. Marcus Bank by Goldman Sachs Miranda Marquit's rating 8.5 Fees 10.0 Interest Rates 9.8 ...
Tags: Reviews, Marketing, Customer Service, Banking, Bank, Goldman Sachs, Marcus, Sachs, FDIC, Discover Bank, Ally Bank, Miranda Marquit, American Express Bank, Marcus Bank, Goldman Sachs Instead, Goldman Sachs Review


The Best Interest Rates for May 2019

F inding the best interest rates is a lot easier today than it was even a few years ago. Here at Dough Roller, we track rates on everything from checking and savings accounts to mortgages to CDs. It occurred to me, however, that there was no one single page on the site where you could find the top rate for each type of account. So we created this page, updated monthly, to track the highest (or lowest) rates available. Deal of the Day : American Express® Personal Savings is offering a terrific ...
Tags: Marketing, Banking, Lendingtree, Freddie Mac, FDIC, BMO Harris Bank, FNBO Direct, Ally Bank, Best Credit Card Interest Rates Credit Cards, APY, BBVA Compass, Vio Bank, Banesco USA, Tab Bank, Comenity Direct, First National Bank of America


America's biggest banks are offloading parts of their home loan businesses to machine-powered startups, as they try and fend off sagging profits

Amid mounting industry pressures, banks are increasingly outsourcing home lending to the machines. In recent years giants like Wells Fargo and JPMorgan Chase have handed off key components of their mortgage businesses to scrappy tech start-ups armed with data and machine-learning capabilities. Last week, online-only Ally Bank became the latest entry in this chapter, announcing it was outsourcing most of its mortgage operation to Better.com. With competition intensifying and margins thinning, a...
Tags: US, America, Trends, General Motors, Bank Of America, Jamie Dimon, Better, Wells Fargo, JPMorgan Chase, Ally, Dimon, Ally Bank, Vishal Garg, Roostify, TD Bank Machine, Better Mortgage Better


Digital mortgage startup Better.com is now worth $550 million following a new investment from Ally Bank

Ally Bank and Better.com announced a deal last week in which the bank would outsource most of its mortgage operations to the fintech startup. Ally is also investing $20 million in Better, valuing the company at $550 million. In addition to capital, the deal provides Better access to billions in loan volume and connects it with a national brand whose reputation is staked on being an ethical, consumer-friendly alternative to traditional banks. Visit Business Insider's homepage for more stories. ...
Tags: Trends, Bank, Donald Trump, Better, Ally Bank, Garg, Vishal Garg, Better com, Better Prospective, 315px Better


Digital mortgage start-up Better.com is now worth $550 million following a new investment from Ally Bank

Ally Bank and Better.com announced a deal last week in which the bank will outsource most of its mortgage operations to the fintech start-up.  Ally is also investing $20 million in Better, valuing the company at $550 million.  In addition to capital, the deal provides Better access to billions in loan volume and connects it with a national brand whose reputation is staked on being an ethical, consumer friendly alternative to traditional banks Visit Business Insider's homepage for more stor...
Tags: Trends, Bank, Better, Ally Bank, Garg, Vishal Garg, Better com, Better Prospective


Investing In Stocks

Buying stocks for the first time can feel like playing a new sport. You may feel uncertain. You may question the wisdom of getting involved. The fees may seem confusing or too steep. With sports as with stocks, some knowledge, some practice, and some solid coaching can help you stay in the game. And the stock market may be the biggest playing field of all — it can encompass the entire global economy. What Are Stocks and How Do They Work For at least 500 years, stocks have been a vehicle for in...
Tags: Marketing, Investing, Stocks, Fidelity, Betterment, Securities And Exchange Commission, Charles Schwab, Ally Bank, Ameritrade, Firstrade, Leading Options for Stock Brokers Earlier, Firstrade Firstrade


Best Interest Rates on Cash – April 2019

Here’s my monthly roundup of the best interest rates on cash for March 2019, roughly sorted from shortest to longest maturities. The big news is that we are starting to see some slight rate drops in CDs! Folks who locked in at 4% APY may end up pleased they did. Check out my Ultimate Rate-Chaser Calculator to get an idea of how much extra interest you’d earn if you are moving money between accounts. Rates listed are available to everyone nationwide. Rates checked as of 4/3/19. High-yield savi...
Tags: Marketing, US, Investing, Banking, Treasury, SEC, Bill, Short, Vanguard, FDIC, Ultra, Bil, CIT Bank, Navy Federal Credit Union, Deals & Offers, Redneck Bank