This move aligns with Ally's mission to focus on its core services, including approximately 10 million customers in banking, ...
Plans for the sale were hinted at earlier this year, a month after the CEO said the business wasn’t within Ally’s core focus.
The auto lender is selling its credit card business and halting new mortgage loans, abandoning its once-broader ambitions.
Ally Financial (ALLY) and CardWorks announced they have entered into a definitive agreement for CardWorks, and its wholly-owned bank ...
Ally offers credit cards, investment accounts, mortgages, auto financing and personal loans. Ally Bank’s customer service is top-rated. Ally Bank is a 100% digital bank, but it’s part of Ally ...
We recently compiled a list of the 10 Best American Bank Stocks To Buy Now. In this article, we are going to take a look at ...
Merrick Bank, to acquire Ally's credit card business, including a portfolio of $2.3 billion in credit card receivables with 1.3 million active cardholders as of Dec. 31, 2024. "Ally's decision to ...
Ally Bank is online-only, offering checking and savings accounts like CDs and money market accounts, IRAs, credit cards, investment accounts, plus home and auto loans. Chase is a big-name bank ...
Ally Financial will sell its credit card business to CardWorks and its bank subsidiary, Merrick Bank, for an undisclosed sum, the lenders announced Wednesday. Ally said this month that it was ...
Ally Financial has agreed to sell its credit-card business to a subsidiary of credit-card servicer CardWorks for an undisclosed amount.
Ally Financial has entered into an agreement to sell its credit card division. Ally Financial Inc. (NYSE: ALLY) has entered into an agreement to sell its credit card division to CardWorks Inc ...