Media Center

Ally Financial Partners with the Federal Reserve Bank of Chicago for Money Smart Week

Ally Wallet Wise helps consumers learn the basics of personal finance

Apr 19, 2013

DETROIT, April 19, 2013 –- Consumers in Detroit and Atlanta will have an opportunity to boost their money smarts this April with the return of Money Smart Week. Ally Financial is hosting 14 financial literacy sessions in Detroit and four sessions in Atlanta to support the Federal Reserve Bank of Chicago’s Money Smart Week, which runs from April 20 to 28.

Designed to help consumers better manage their personal finances, Money Smart Week is a public awareness campaign to promote financial literacy across all age groups. Sessions by Ally will feature the company’s free financial literacy program, Ally Wallet Wise.

“Ally’s Wallet Wise curriculum is a natural fit for Money Smart Week 2013,” said Gina Proia, Ally chief communications officer and head of community relations. “Since the launch of our Wallet Wise program in 2011, more than 27,000 people have attended our free financial literacy sessions and we look forward to reaching even more consumers in the Detroit and Atlanta areas during Money Smart Week this year.”

Ally Wallet Wise is a free financial education program that offers community-based, in person sessions, as well as online courses through www.allywalletwise.com. Topics covered include budget, credit, banking & investing and automotive finance. The Wallet Wise sessions are part of more than 130 free personal finance events happening during Money Smart Week. Additional Wallet Wise event details can be found at www.moneysmartweek.org or www.allywalletwise.com.

About Ally Financial:
Ally Financial Inc. is a leading automotive financial services company powered by a top direct banking franchise. Ally's automotive services business offers a full suite of financing products and services, including new and used vehicle inventory and consumer financing, leasing, inventory insurance, commercial loans and vehicle remarketing services. Ally Bank, the company's direct banking subsidiary and member FDIC, offers an array of deposit products, including certificates of deposit, savings accounts, money market accounts, IRA deposit products and interest checking. Ally's Commercial Finance unit provides financing to middle-market companies across a broad range of industries.

With approximately $182.4 billion in assets as of Dec. 31, 2012, Ally operates as a bank holding company. For more information, visit the Ally media site at http://media.ally.com  or follow Ally on Twitter: @Ally.

About Money Smart Week
Money Smart Week® is a public awareness campaign to promote financial literacy across all age groups. Launched in 2002 by the Federal Reserve Bank of Chicago, the program is now active in more than 45 states through national partnerships with the American Library Association and the Financial Planning Association. New 2013 national partners are the Certified Financial Planner Board of Standards, Consumer Financial Protection Bureau and USDA (United States Department of Agriculture) Cooperative Extension. More than 3,000 free, financial literacy programs are offered nationwide during Money Smart Week® on topics ranging from budgeting to saving for college and retirement.  Events are coordinated and hosted by partnering organizations including local banks, universities, government agencies, community groups and libraries.

Contact:
Jacquelyn Johnson
Ally Financial
646-781-2544
jacquelyn.johnson@ally.com