(November) Ally Bank was named “Best Online Bank” by Money® Magazine for 2018. Ally Bank was touted for the combination of its Online Savings Account and Interest Checking Account, which has no balance minimums and allows consumers to use any Allpoint® ATM in the U.S. for free, plus reimburses up to $10 per statement cycle for fees charged at other ATMs nationwide. Ally also stood out, according to Money®, for its high mobile app ratings and 24/7 customer service. This marks the seventh time since 2011 Ally Bank was honored by Money®. “From MONEY® Magazine, November 2018 © 2018 Time Inc. Used under license."
Ally Bank was awarded a spot on the 2018 Arkansas Business "Best Places to Work in Arkansas" list.
(August) Ally Bank was among 85 banks to be honored with American Banker's 6th annual "Best Banks to Work for" award.
(August) The Brandon Hall Group, a research and advisory services firm that provides insights around Learning and Development, Talent Management, Leadership Development and Talent Acquisition, recognized Ally with a Silver award for Best Employee Engagement Program for Ally’s “Do It Right” initiative and workshops, which drove employee empowerment and accountability by giving them an open forum to identify ideas for change and improvement.
(August) The Brandon Hall Group, a research and advisory services firm that provides insights around Learning and Development, Talent Management, Leadership Development and Talent Acquisition, awarded Ally a Bronze award for Best of Gaming Simulations for Learning for Ally’s Financial Statements and Dealership Operations class, which is a realistic simulation that helps Ally employees understand the operations and finances of an auto dealership.
(August) The Brandon Hall Group, a research and advisory services firm that provides insights around Learning and Development, Talent Management, Leadership Development and Talent Acquisition, recognized Ally with a Bronze award for Best of Gaming Simulations for Learning for Ally’s Managing Retail Operations class, which is a realistic simulation that helps auto dealers maximize sales and profits.
(July) Ally Bank, Member FDIC, is at the top of Kiplinger’s list of Internet banks on its “Best Banks 2018” list. In naming Ally “Best Internet Bank,” the publication noted that “Ally Bank keeps its account offerings simple” with one checking, one savings and one money market deposit account and “each has no monthly fees and strong yields.” Kip’s also complimented Ally for its voice-enabled banking features – Ally AssistSM and the Ally SkillSM for Alexa. Ally Assist is a virtual assistant that responds to customer inquiries via the Ally mobile app for iPhone®, and the Ally Skill enables customers to check savings rates and account balances and even transfer funds on their Amazon® Alexa-enabled device. Kiplinger’s Personal Finance, July 2018 © 2018 The Kiplinger Washington Editors. Used under License.
(July) In choosing the bank “Best for Millennials” for their “Best Banks 2018” list, Kiplinger’s Personal Finance Magazine looked for banks with strong mobile and digital features as well as an active social media presence. Kiplinger’s cited Ally’s on-the-go banking capabilities like depositing checks remotely via Ally's mobile app or website, sending money to family and friends at no cost with Zelle®, and linking a debit card to any of the five digital wallets that Ally supports (including Apple Pay and Google Pay). Ally makes “it easy (and cheap) to maintain accounts and handle cashflow remotely.” Kiplinger’s Personal Finance, July 2018 © 2018 The Kiplinger Washington Editors. Used under License.
(July) The Ally Bank CashBack Credit Card was named one of the best gas credit cards from an online-only bank by CardRates.com. The card, which has no annual fee, has an unlimited 2-percent cash back reward earned on gas station purchases. Customers can earn a 10-percent cash bonus for depositing rewards into an Ally Bank account, and in addition, there is a signup bonus, which is a competitive amount with an easily attainable spending requirement. Ally Bank is a Member FDIC. The Ally CashBack Credit Card is issued by TD Bank, N.A.
(June) Ally Financial received double awards as a Best Company to Work for Women and Best Company to Work for Millennials. The Women’s Choice Award is a symbol of excellence in customer experience awarded by the collective voice of women. The design of the Women’s Choice Award seal portrays a timeless symbol of empowerment for all women and is symbolic of the strength and power of today’s female consumer.
(February) Ally Bank, Member FDIC is named MyBankTracker's Best Online Comprehensive Bank for the seventh consecutive quarter. With an A+ rating MyBankTracker points out Ally's One-stop online banking as its best feature, while also providing a full suite of deposit accounts that don’t charge monthly fees, along with impressive interest rates.
(February) Ally Bank Interest Checking received an A+ from MyBankTracker for its overall fee policy which includes unlimited, free standard checks and cashier checks. The online checking account also comes with no monthly fees, ATM fee rebates, and free overdraft transfers (from other Ally accounts).
(February) Ally Bank's Savings Account was named MyBankTracker's Best Trusted Savings Account with its low-cost banking and consistently competitive interest rates. The publication noted that Ally’s Online Savings Account interest rates don’t tend to fluctuate, making this a reliable option for savings.
(February) MyBankTracker recognizes Ally Bank 2-Year Raise Your Rate CD as Best Flexible High-Rate CD, noting the ability to earn a strong APY with a one-time option to increase your rate if interest rates start to rise. It doesn’t have a minimum deposit amount and the early withdrawal penalty is only 60 days worth of interest.
(February) Ally Bank’s Online Savings Account received Badcredit.org’s 2018 Editor’s Choice™ Award for its low fees, superior customer service, and competitive interest rates that grow savings, according to a report on the site whose mission is to raise the overall financial awareness of its visitors. The publishers state Ally’s “annual percentage yield compounding daily on all tiers of its online savings accounts is among the best in the industry and a tremendous way to grow savings of any amount.”
(February) The Ally Card Controls™ app, launched in March 2017, was recognized for innovative use of online technologies to service the needs of customers. The new service allows customers to personalize setting on their debit card features the immediate ability to turn a debit card on or off, set location aware controls, transaction types, merchant types and amounts with a single touch.
(February) The Ally Skill for Alexa provides was awarded a Silver Stevie Award for providing customers an innovative and easy way to access and manage their Ally Bank accounts using an Amazon® Alexa-enabled device. Its functionality further simplifies everyday banking tasks such as checking account balances, tracking recent transactions and deposits, transferring money, and accessing deposit product interest rates.
(February) The Ally Skill for Alexa received a Silver Stevie Award for technology that has provided customers a quick and easy way to access and manage their Ally Bank accounts using an Amazon® Alexa-enabled device. Its functionality further simplifies everyday banking tasks such as checking account balances, tracking recent transactions and deposits, transferring money, and accessing deposit product interest rates.
(January) Ally Bank has been named the Best Online Bank of 2018 in GOBankingRates’ sixth annual rankings. This marks the fourth consecutive year Ally Bank earned the top crown. Ally was chosen for its high annual percentage yield (APY), no monthly maintenance fees or minimum balance requirement and stellar 24/7 customer service. Ally has been featured on the best banks list all six years of the ratings.
(January) The Ally Bank Online Savings Account has earned the Editor’s Pick Award in the category of Best Savings Account, No Fees or Minimums in GOBankingRates’ annual rankings. The account was chosen for its high annual percentage yield (APY) and no monthly maintenance fees or minimum balance requirement. Ally was picked Best Savings Account in 2017 as well.