We are Ally — a family of companies with a rich history and a new approach.
In 1919, Ally Financial Inc. started out as General Motors Acceptance Corporation in the U.S. and in the same year, a branch office was opened in Canada. In 1953, General Motors Acceptance Corporation of Canada, Limited was created to continue to provide auto finance products to dealers and consumers in Canada.
As years turned to decades, we added more products and services and expanded to other countries.
Now, in Canada there are a number of subsidiaries of Ally Financial Inc.
Ally Credit Canada Limited offers retail automotive financing products and ResMor Trust Company offers Ally online savings products. Through a joint venture, the company also offers personal lines insurance products in Canada through SmartCoverage Insurance. Motors Insurance Corporation, Ally's insurance subsidiary in Canada, underwrites vehicle service contracts for GM of Canada, Subaru Canada and Suzuki Canada.
Today, as Ally, we're proud to:
- Offer straightforward savings products with great rates and no monthly fees
- Rank among the largest automotive services companies worldwide
- Serve more than 15 million consumers and dealers worldwide
Through our lines of business and sister companies, we are clearly committed to the notion that being intensely customer-focused is just good business.
And this new company, Ally Financial, is just the next step in our journey.
A few facts about Ally:
- We serve more than 15 million customers worldwide.
- The company has approximately $186 billion in assets, with $47 billion in deposits at Ally Bank and ResMor Trust, as of March 31, 2012.
- We've financed more than 150 million cars or trucks and helped more than 500,000 customers with their banking needs.
