Ally Honors TIME Dealer of the Year Winner
Charitable grant presented to local Boys and Girls Club to further support dealer’s work in the community
Jun 18, 2014
EL DORADO, Ark., June 18, 2014 - Ally Financial recently honored Jeff Teague of Teague Auto Group as the winner of the 2014 TIME Dealer of the Year award and presented a charitable grant to support his efforts in the local community.
Ally executives were on hand for the celebration at the dealership in El Dorado, Ark. to present a grant of $11,000 to the El Dorado Boys and Girls Club in honor of Teague’s achievement. The Boys and Girls club reaches over 2,000 of El Dorado’s youth, aged 6-18, offering a broad range of programs such as character and leadership development, education and career development, health and life skills, the arts and sports, fitness and recreation. The grant funds will be used to purchase programming supplies, including those for arts and crafts, sports leagues equipment and other needs.
“We’re proud to recognize the truly incredible efforts of dealers who are making a difference in the places we live, work and do business,” said Mike Kimmel, Ally regional vice president. “Ally has provided more than 150 grants to nonprofit organizations in connection with the TIME Dealer of the Year program over the years. It’s inspiring to see dealers like Jeff, whose business and local involvement help to make this community a better place for everyone.”
"Programs like the Boys and Girls Club are successful because of the support we receive from people like the Teagues and organizations like Ally Financial,” said David Lee, executive director for the El Dorado Boys and Girls Club. “The grant money we received today will help us make a difference in the lives of these children every day."
Teague was chosen as a finalist for the 2014 TIME Dealer of the Year award from a select group of 56 dealers from across the country recognized for community involvement as well as business performance. As part of the program each year, Ally provides grants of $1,000 to organizations selected by each of the dealer nominees, as well as $5,000 grants to community causes chosen by each of the three finalists. The TIME Dealer of the Year award is one of the automobile industry’s most prestigious and highly coveted honors.
Visit allydealerheroes.com for more information on the 2014 TIME Dealer of the Year winner, finalists and nominees.
About Ally Financial Inc.
Ally Financial Inc. (NYSE: ALLY) 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 Corporate Finance unit provides financing to middle-market companies across a broad range of industries.
With approximately $148.5 billion in assets as of Mar. 31, 2014, Ally operates as a financial holding company. For more information, visit the Ally media site at http://media.ally.com or follow Ally on Twitter: @Ally.