Ally Financial

Ally Financial Inc.
FormerlyGMAC Inc. (1919–2010)
Company typePublic
IndustryFinancial services
Founded1919 (1919) (as General Motors Acceptance Corporation)
HeadquartersAlly Detroit Center
Detroit, Michigan, United States (Ally Financial)
Sandy, Utah, United States (Ally Bank)
Ally Charlotte Center
Charlotte, North Carolina, United States (Corporate Center)
Key people
Franklin W. Hobbs (chairman)
Michael G. Rhodes (CEO)
Russell E. Hutchinson (CFO)
ServicesCar finance
Online banking
Mortgage loans
Stockbroker
Electronic trading platform
Revenue US$7.914 billion (2025)
2,342,000,000 United States dollar (2022) 
US$852 million (2025)
Total assets US$196.002 billion (2025)
Total equity US$15.498 billion (2025)
Number of employees
10,300 (2025)
Websiteally.com
Footnotes / references

Ally Financial Inc. (known as GMAC until 2010) is an American bank holding company incorporated in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan. The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and other related financing services such as installment sale and lease agreements.

Ally is one of the largest car finance companies in the U.S.. It provided car financing and leasing for 4.0 million customers and originated 1.3 million car loans in 2025. It is on the list of largest banks in the United States by assets and has 3.5 million deposit customers with 6.5 million retail bank accounts. The company sold 573,000 vehicles in 2025 via its SmartAuction online marketplace for auto auctions, launched in 2000.