Posts tagged as:

Ally Bank

Ally Bank’s Yields “Too High” Says Competition…and No-Penalty CDs

The head of the American Banker’s Association complained in this letter to Sheila Bair, Chairman of the FDIC, that Ally Bank’s CD rates and savings rates were too high.  They find it to be “egregious” that this former GMAC bank is offering such tantalizing rates given the government stake in GM.  While the trade group […]

Read the full article →