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Ally Financial Honored for Contributions to Detroit Community
Nonprofit Detroit Area Agency on Aging recognizes Ally for its support of Meals on Wheels Program
“It gives me a tremendous feeling of warmth and gratitude when you have a new corporation join our family and assist us to continue to tell the story of our homebound and disabled population,” said Paul Bridgewater, president & CEO of Detroit Area Agency on Aging. “When a corporation like Ally Financial returns year after year; well this definitely shows there commitment to our community.”
For the past two years, Ally Financial supported the distribution of more than 13,000 meals for homebound and disabled seniors. In addition, Ally held financial literacy classes through the Wallet Wise program for Detroit seniors to reinforce the importance creating a spending plan, and Ally employees supported DAAA by hosting group fundraisers that benefited Meals on Wheels.
"Ally Financial strives to support and strengthen the communities where we live and work,” said Beth Coggins, director of community relations at Ally Financial. “We support groups that provide vital community services and are honored to accept this award.”
Created in memory of Phygenia Stephens, a diligent employee who was heavily involved with the Meals on Wheels program, this annual award is given to individuals or organizations that showcase exemplary support. Ally Financial will be presented the Phy Stephens Award during the DAAA Annual Meeting on Monday, May 21, 2012 from 11:30 a.m. until 3 p.m. The event is being held at Greater Grace Temple inside the Bishop Charles H. Ellis Conference Center located at 23500 West 7 Mile Road in Detroit.
With approximately $186 billion in assets as of March 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 Detroit Area Agency on Aging