FPSS slide image

LALATE: The Latest Celebrity News, Entertainment News, Soccer, Football, World Cup, Scores!

Celebrity News, Hollywood News, Soccer, Football, National News, Live Score, and More. Breaking and Exclusive.

FPSS slide image

Dancing with the Stars 2014 Results Tonight - Who Got the Elimination?

Who Got Eliminated on Dancing with the Stars Tonight? DWTS Fall 2014 Results Tonight

FPSS slide image

College Football Score Results - Live NCAA College Football Scores

AP Top 25 NCAA College Football Rankings Today

FPSS slide image

EPL Table 2014 Results | English Premier League Rankings | Manchester United Score | Arsenal Score

EPL Table- Tottenham Hotspur, Manchester City, Hull City, Everton. Plus La Liga Spanish Primera Table

FPSS slide image

Liga MX Table 2014 En Vivo Results

Liga Mx Table Futbol Partido - America, Cruz Azul | Plus the Copa MX Table 2014

GMAC Bank to Ally Bank!

Posted: May 15th, 2009 in Banking by LALATE

GM Bank to Ally Bank

Goodbye GM Bank. Hello Ally Bank. Yes Ally as in Allies, not Ally as in Ally McBeal. GMAC LLC’s name change to Ally Bank is effective today.

The reason for the name change? Executive hopes the name change will drive deposit growth. With a name like Ally?

Sanjay Gupta, GMAC’s chief marketing officer, said in a statement today:

“We certainly value our relationship with GM and GM continues to be an important customer. In addition to that, GMAC wants to grow as a bank holding company. The launch of Ally Bank provides a new platform to increase deposits.”

And why the name Ally?

“Ally conveys the sense of a trusted partner, the attributes we are trying to convey.”

Makes sense? Reportedly GMAC is owned by GM and private investors led by Cerberus Capital Management LP.

celebrity news celebrities hollywood

celebrity news celebrities hollywood  the ringer cw sarah michelle gellar
twitter twitter

Latest Comments:

One Response to 'GMAC Bank to Ally Bank!'

Subscribe to comments with RSS

  1. LALATE said,

    on May 15th, 2009 at 10:41 am

    Goodbye GM Bank. Hello Ally Bank. Yes Ally as in Allies, not Ally as in Ally McBeal. http://bit.ly/4XxVJ

Comment and Contribute:

[Policy Regarding Comments]

celebrity news celebrities hollywood


karina smirnoff playboy photos
danica patrick hot photos
Jessie Lunderby PHOTOS

celebrity news celebrities hollywood

About lalate.com | Privacy Policy | Terms of Use | Posting Comments | Staff | Contact Us | Feed | Archives
2008 | 2009 | 2010 | 2011 | 2012 | 2013
lalate.com - america's fastest growing celebrity news site
Copyright (c), TM 1998-2014 lalate.com. All rights reserved.