Ally Bank
Ally Bank is a mid-sized bank headquartered in Midvale, UT. This bank is an internet bank and does not have local branches. Ally Bank has deposits of $25.4 billion, and was established in August 2004.
This bank is FDIC insured - all deposits are protected for up to $250,000. Products offered by the bank include: High Yield CD, No Penalty CD, Online Money Market, Online Savings Account and Interest Checking.
Current Ally Bank Rates
| Name | Term | APY | Min Deposit | |
| High Yield CD | 3 months | 0.74 % | $1 | |
| 6 months | 1.14 % | $1 | ||
| 9 months | 1.05 % | $1 | ||
| 1 year | 1.44 % | $1 | ||
| 18 months | 1.54 % | $1 | ||
| 3 years | 2.17 % | $1 | ||
| 4 years | 2.39 % | $1 | ||
| 5 years | 2.74 % | $1 | ||
| No Penalty CD | 11 months | 1.32 % | $1 |
About Ally Bank
Built on the foundation of GMAC, Ally is an online bank with no monthly fees, no minimum balances and no minimum deposits. Our rates are always among the top and we offer live 24/7 Customer Care Support. Member FDIC.
We're a bank that values integrity as much as deposits. A bank that will always be open, accountable, and honest. Yes, honest. We won't deal in half-truths, kindatruths, or truths only buried in fine print. That's because we don't have anything to hide. We're always going to give it to you straight.
Put simply, we want to find the pain points of traditional banking and improve them. Consider our 24/7 customer service. We think it's reasonable that a customer should be able to reach us and talk to a person anytime they want.
What means no monthly fees, no minimum deposits, and no minimum balances. It means developing new products that give you more options, like our No Penalty CD that lets you withdraw your money if you need to. And it means having rates that are always among the most competitive in the country.
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