This move aligns with Ally's mission to focus on its core services, including approximately 10 million customers in banking, ...

Plans for the sale were hinted at earlier this year, a month after the CEO said the business wasn’t within Ally’s core focus.

The auto lender is selling its credit card business and halting new mortgage loans, abandoning its once-broader ambitions.

Key Takeaways Ally Financial posted fourth-quarter earnings and revenue that topped estimates as it reduced expenses.CEO ...

Ally offers credit cards, investment accounts, mortgages, auto financing and personal loans. Ally Bank’s customer service is top-rated. Ally Bank is a 100% digital bank, but it’s part of Ally ...

Ally Financial (ALLY) and CardWorks announced they have entered into a definitive agreement for CardWorks, and its wholly-owned bank ...

Ally Financial is largely an auto lender, created when the business was spun off from General Motors. The company carries an ...

Ally Bank is online-only, offering checking and savings accounts like CDs and money market accounts, IRAs, credit cards, investment accounts, plus home and auto loans. Chase is a big-name bank ...

"This portfolio and platform acquisition is an exciting step in the expansion of our near-prime credit card business ... the CardWorks and Merrick Bank family." Ally and CardWorks will work ...

Ally Financial will sell its credit card business to CardWorks and its bank subsidiary, Merrick Bank, for an undisclosed sum, the lenders announced Wednesday. Ally said this month that it was ...

Ally Financial has agreed to sell its credit-card business to a subsidiary of credit-card servicer CardWorks for an undisclosed amount.