Press Releases
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Sep 11, 2023
Ally and Thurgood Marshall College Fund gather 60 students to compete for over $200k in scholarships and prizes In their first year competing, North Carolina Central University and Texas Southern...
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Jul 11, 2023
Grants and investments support affordable housing and homeownership in Detroit, Charlotte and beyond DETROIT, July 11, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY), the nation's largest...
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Jun 27, 2023Summer Camp and Adult Skills Enrichment inspire career exploration for Detroit residents
DETROIT – The City of Detroit and Ally Financial announced today that the nation’s largest digital-only bank will donate $150,000 to support Saturdays in the D, a free summer camp for Detroit...
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Mar 29, 2023
Grant will connect community and nature through educational events and experiences CHARLOTTE, N.C., March 29, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today announced a grant to...
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Mar 1, 2023
Digital financial services company expands footprint in gaming to elevate diversity DETROIT, March 1, 2023 /PRNewswire/ -- Ally Financial Inc. and Rocket League Esports announced today that Ally...
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Feb 20, 2023
First-of-its-kind initiative turns the tables on traditional media buying with more than 90% anchored in women's sports CHARLOTTE, N.C., Feb. 20, 2023 /PRNewswire/ -- Ally Financial Inc. and The...
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Nov 17, 2022
Scholarship and mentorship program aimed at enhancing career pathways for Black students pursing legal and public policy degrees CHARLOTTE, N.C., Nov. 17, 2022 /PRNewswire/ -- Ally Financial Inc....
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Sep 30, 2022Ally Charitable Foundation to donate $100,000 to disaster relief and recovery efforts in Florida and Southeast U.S.
CHARLOTTE, N.C., Sept. 30, 2022 – Ally Financial Inc. (NYSE: ALLY) is responding to the natural disaster caused by Hurricane Ian in the Southeast U.S. by supporting employees, customers and...
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Sep 20, 2022
Students from Morehouse College take home top honor including $20K scholarship and a guaranteed internship offer Sixty students from 15 Historically Black Colleges and Universities (HBCUs)...
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Jul 27, 2022
Additional $1.5 million investment in Detroit and Charlotte focuses on closing opportunity and wealth gaps DETROIT, July 27, 2022 /PRNewswire/ -- The Ally Charitable Foundation announced today...
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Mar 9, 2022- Together, the pair will donate more than $170,000 to support 36 no-kill animal shelters, one in every NASCAR Cup Series race location
After a successful inaugural collaboration in 2021, Ally Financial, Alex Bowman, driver of the Ally-sponsored No. 48 Chevrolet Camaro ZL1 for Hendrick Motorsports, and Best Friends Animal Society...
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Feb 23, 2022In its second year, the program seeks to invest in Black futures by opening pathways to careers with high-growth potential
The Congressional Black Caucus Foundation, Inc. (CBCF) today announced its legal and public policy scholarship program with Ally Financial Inc. (NYSE: ALLY) to create career pathways for diverse...
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Feb 10, 2022Largest student-run venture capital program builds on commitment to improve diversity within the industry
University Growth Fund (UGF), the largest student-run private equity fund in the country, today announced the close of its oversubscribed fund with over $50 million committed, and Ally Financial...
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Oct 19, 2021
Detroit, Mich., October 19, 2021 – Ally, Detroit City Football Club (DCFC) and Detroit Public Schools Community District (DPSCD) have launched a new DPSCD Indoor Soccer League for DPSCD youth....
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Sep 21, 2021- Award-winning artist, philanthropist Big Sean, the Sean Anderson Foundation and Terrence J lent support as key ambassadors and mentors
Students from North Carolina A&T State University took top prize in the 2021 Moguls in the Making pitch competition, which offers 50 students from Historically Black Colleges and Universities...
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Aug 18, 2021- $5 million investment in Fearless Fund will advance Black representation in venture capital and support women of color
On average, Black business founders start with approximately $72,000 less in capital compared to their white counterparts, according to a 2020 McKinsey report1. Additionally, Black businesses are...
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Jun 23, 2021- Ally Charitable Foundation and City of Charlotte invest $1 million each as cornerstone funders
Habitat for Humanity of the Charlotte Region, the Ally Charitable Foundation, and the City of Charlotte are teaming up to launch Habitat Charlotte Region's largest housing development project to...
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Jun 8, 2021- Ally-sponsored expansion seeks to improve diversity in venture capital
University Growth Fund (UGF), the largest student-run equity fund in the country, provides unique access to the highly-competitive and lucrative career track of venture capital through hands-on...
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May 20, 2021-- Bowman's Memorial Day paint scheme pays tribute to Marine Captain Matthew H. Brewer, who suffered from what his family believes was Chronic Traumatic Encephalopathy (CTE)
Ally Financial and Alex Bowman, driver of the Ally-sponsored No. 48 Chevrolet Camaro ZL1 1LE of Hendrick Motorsports, today unveiled a military-themed race car paint scheme honoring Marine Captain...
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May 19, 2021Business pitch contest opens today and runs through May 31
DETROIT, May 19, 2021 – Today, Ally Financial Inc. (NYSE: ALLY) kicks off the Daring to Disrupt contest, a new program to elevate and advance women’s entrepreneurship. The contest is an...
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Apr 5, 2021Innovative and inclusive approach will address falling financial literacy rates among young people
In an effort to put the "lit" in Financial Literacy Month this April, Ally Financial Inc. (NYSE: ALLY) will lean further into its innovative approach to financial education by introducing several...
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Mar 30, 2021Shared values and commitment to disruption at the core of game-changing partnership
CHICAGO, March 30, 2021 – The National Women’s Soccer League announced today that Ally has joined the league’s roster of national sponsors, aiming to shine a light on the players, fans and...
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Mar 4, 2021Bowman will kick off program by racing in special pet-inspired paint scheme in Phoenix on March 14
Ally Financial, Alex Bowman, driver of the Ally-sponsored No. 48 Chevrolet Camaro ZL1 1LE of Hendrick Motorsports, and Best Friends Animal Society are teaming up to improve animal welfare across...
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Feb 9, 2021Winner and finalists recognized by Ally and TIME for exceptional community support during pandemic
In recognition of outstanding community stewardship during a time of crisis, Rick DeSilva Jr., owner of Liberty Subaru in Emerson, New Jersey, was announced as the 2021 TIME Dealer of the Year by...
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Feb 2, 2021Scholarships with the Congressional Black Caucus Foundation, the Thurgood Marshall College Fund and other groups seek to fill opportunity gaps and expand career options for Black candidates
With Black History Month underway, Ally recognizes that access to careers with long-term growth potential is still not equal for everyone. To address this inequity, the digital financial services...
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Dec 10, 2020Ally makes $75,000 donation to kick off support for Bowman's favored cause: animal rescue in Charlotte
With NASCAR's Alex Bowman named the new driver of the Ally sponsored No. 48 Chevrolet Camaro ZL1 1LE of Hendrick Motorsports, Ally and Bowman are kicking off their relationship by making a...
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Oct 7, 20202nd annual collaboration between Ally Financial, Thurgood Marshall College Fund and Big Sean's Sean Anderson Foundation advances Ally's commitment to growing a diverse talent pipeline
Moguls in the Making, a business plan pitch competition that offers Historically Black College and University (HBCU) students an opportunity to learn and practice vital skills, will take place...
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Sep 24, 2020Funds to be disbursed over a three-year period
Ally Financial Inc. (NYSE: ALLY) will invest $30 million in communities across its geographic footprint over the next three years. As part of this commitment the company has formed the Ally...
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May 27, 2020- Initial wave of over $1.8 million in aid to local communities and organizations complete
Consistent with its mission to be a true ally to its communities, Ally Financial (NYSE: ALLY) has awarded more than $1.8 million in its first round of grants to help them withstand the COVID-19...
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Dec 4, 2019LISC, Ally Financial launch program to spur economic opportunity for micro-entrepreneurs, homeownersProgram will deliver financial coaching and support in Charlotte, Detroit, Jacksonville and Philadelphia
NEW YORK (Dec. 4, 2019)—Ally Financial, Inc. (NYSE: ALLY) and the Local Initiatives Support Corporation (LISC) are teaming up on a new $3 million program to fuel entrepreneurship and...
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Sep 25, 2019"Ally Fueling Futures" introduces high school students to motorsports careers and money basics
Ally Financial joined seven-time NASCAR Cup champion Jimmie Johnson to introduce teens to motorsports careers and money basics. Approximately 60 students from Charlotte-Mecklenburg and Cabarrus...
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Sep 23, 2019Video follows future moguls from competition to the workplace
Sean "Big Sean" Anderson, states the issue at the beginning of a short documentary from Ally that debuts today: "Thirteen percent of the American population is black, but only one percent of VC...
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Mar 15, 2019The luncheon featured remarks by the daughter of NASA mathematician Katherine Johnson of Hidden Figures fame, Mayor Vi Lyles, and the TODAY Show's Jean Chatzky
In celebration of National Pi Day, the annual holiday of mathematicians everywhere, Ally Financial held a special "Girls Who Count" luncheon honoring 100 high school female "mathletes" from across the
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Jan 18, 2019
Ally Financial is expanding its assistance program to provide aid and resources for customers affected by the partial U.S. government shutdown. Ally's assistance program - which has previously...
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Jan 15, 2019Investment Marks the Largest Private-Sector Commitment to Affordable Housing in Charlotte's History
Ally Financial, Bank of America and Barings, three of the leading financial services companies in Charlotte, announced a combined investment of $70.75 million for affordable housing in the city...
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Dec 19, 2018Moguls in the Making is an entrepreneurial competition for publicly-supported historically black college and university students to help make their business dreams a reality
Ally Financial is on a mission to increase diversity of thought in the workplace and find the best and brightest young entrepreneurs across the country. The company is launching Moguls in the...
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Nov 29, 2018Inaugural PGA TOUR Champions event generates more than $800,000 for southeastern Michigan Charities
Tournament Officials announced today that the inaugural playing of The Ally Challenge presented by McLaren, concluded September 16, 2018, at Warwick Hills Golf & Country Club, raised $801,060.41...
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Aug 21, 2018
Ally Financial today donated a variety of school supplies to The Children's Center to help Detroit's underserved youth get ready for the new school year. Ally volunteers distributed more than 800...
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Jul 17, 2018With $100 for Every Home Run Hit in Monday's Slugfest, Chapters Receive a Total of $22,100
On Monday, July 16, 2018, eight of baseball's biggest hitters competed in Nationals Park in Washington, D.C., to see who could hit the most home runs. But this year, fans had a good reason to root...
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Apr 17, 2018Coalition of banks, nonprofits and local libraries expand the Money Smart Week program in North Carolina for 2018
More than 100 free financial education programs for consumers, families and children will be held in North Carolina during Money Smart Week®, April 21-28. Money Smart Week kicks off on April 21...
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Apr 2, 2018New interactive game reinforces financial lessons from Ally's book "Planet Zeee and the Money Tree"
To celebrate Financial Literacy Month this April, Ally Financial Inc., a leading provider of digital financial services, is offering resources and participating in events around the country that...
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Aug 29, 2017
Ally Financial (NYSE: ALLY) teamed up with Classroom Central to deliver backpacks and school supplies to more than 1,000 students at Allenbrook Elementary and Billingsville Elementary in Charlotte...
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Aug 22, 2017The Ally Challenge will mark the PGA TOUR’s return to the greater Flint, Michigan area
GRAND BLANC, Mich., August 22, 2017 – PGA TOUR Champions and Ally Financial Inc. (NYSE: ALLY) announced today a new event to be contested in Grand Blanc beginning next year. The Ally Challenge...
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Aug 12, 2017Detroit-area kids played on Ford Field while learning about leadership and "kicking off" the school year
Ally Financial, a leading digital financial services company, teamed up with Big Brothers Big Sisters of Metropolitan Detroit and Detroit PAL to give 50 local kids the opportunity to play at Ford...
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Jul 28, 2017
The Money Smart Week Michigan Coalition named Ally Financial (NYSE: ALLY), a leading provider of digital financial services, as a 2017 Strategic Partner in an awards ceremony yesterday in Detroit....
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Apr 18, 2017Money Smart Week® North Carolina to Offer Free Financial Education Programs for Consumers this AprilCoalition of banks, nonprofits and local libraries expand the Federal Reserve's program in the state for 2017
More than 180 free financial education classes and seminars for consumers will be held in North Carolina during Money Smart Week, April 22-29. Created by the Federal Reserve Bank of Chicago, the...
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Mar 31, 2017- Free digital book to cultivate financial education for families with children
In honor of Financial Literacy Month this April, Ally, a leading provider of digital financial services, has launched a new children's book that uses a fun and futuristic storyline to teach money...