Ally Bank has 1.9 million retail deposit customers
Ally Bank surpasses $100 billion in retail deposits. Source: shutterstock.com
Ally Bank announced a major milestone, surpassing $100 billion in retail deposits. The news comes just months after the bank celebrated its 10th anniversary.
Ally Bank’s 1.9 million retail deposit customers have demonstrated loyalty over its 10-year history, where retention levels have remained consistently above 90%. Through the first half of 2019, Ally grew retail deposits by $9.5 billion and added more than 200,000 customers.
Ally Bank launched in 2009. It is an all-digital platform, providing 24/7 customer service and competitive rates, with no monthly maintenance fees or minimum balance requirement on deposit accounts.
Pay Space
Our editorial team delivers daily news and insights on the global payment industry, covering fintech innovations, worldwide payment methods, and modern payment options.
