ALLY

Ally Financial Inc. (NYSE:ALLY) is a digital financial services company founded in 1919 as the General Motors Acceptance Corporation (GMAC), originally created to finance General Motors vehicle purchases. The company underwent significant transformation following the 2008 financial crisis, when it received government bailout funds and was restructured. After changing its name to Ally Financial in 2010, the company went public in 2014 and has since evolved into a diversified digital banking and automotive finance provider. Today, Ally operates as one of the largest automotive finance companies in the United States while also providing digital banking services, insurance products, and corporate financing solutions to millions of customers across North America.