Ally Financial

FormerlyGMAC Inc. (1919–2010)
TypePublic company
Traded asNYSE: ALLY Russell 1000 component
IndustryFinancial services
Founded1919 (as General Motors Acceptance Corporation)
HeadquartersAlly Detroit Center, Detroit, Michigan, U.S. (Corporate), Sandy, Utah, U.S. (Ally Bank)
ServicesCar finance, Online banking, Mortgage loans, Stockbrokerage
Websitehttps://ally.com

Ally Financial is a bank holding company organized in Delaware and headquartered in Detroit, Michigan. The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and an electronic trading platform to trade financial assets.

The company was known as GMAC, an acronym for General Motors Acceptance Corporation, until 2010.

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