Ally Financial (NYSE: ALLY) is a bank. But it isn't your typical bank by any stretch of the imagination, given that it is ...

Key Takeaways Ally Financial posted fourth-quarter earnings and revenue that topped estimates as it reduced expenses.CEO Michael Rhodes said Ally "took significant action" in the quarter to improve ...

Ally has agreed to sell the credit card business to the fintech firm Cardworks, which also owns the $3 billion-asset Merrick Bank, in a deal expected to close this year. Investors cheered Ally's ...

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 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 (NYSE: ALLY) is a bank. But it isn't your typical bank ... the sale of Ally's credit card business. Ally Financial was created when it was spun off of General Motors.

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

Merrick Bank, to acquire Ally's credit card business, including a portfolio of $2.3 billion in credit card receivables with 1.3 million active cardholders as of Dec. 31, 2024. "Ally's decision to ...

But it does suggest that its financial performance could be more volatile than a bank that ... and a credit card operation, for example, wound up being a costly affair. And Ally was still just ...

Ally Financial has entered into an agreement to sell its credit card division. Ally Financial Inc. (NYSE: ALLY) has entered into an agreement to sell its credit card division to CardWorks Inc ...