01/24/2014 - Ally Financial

Ally Financial

Ally Financial

Ally Financial is a leading automotive financial services company powered by a top direct banking franchise. Ally’s automotive services business offers a full suite of financing products and services, including new and used vehicle inventory and consumer financing, leasing, inventory insurance, commercial loans and vehicle remarketing services. Ally Bank, the company’s direct banking subsidiary and member FDIC, offers an array of deposit products, including certificates of deposit, savings accounts, money market accounts, IRA deposit products and interest checking. Ally’s Commercial Finance unit provides financing to middle-market companies across a broad range of industries.

Ally Wallet Wise
Issues such as credit, household budgets, banking and investing, and buying or insuring a car can be challenging. That’s where Ally Wallet Wise can help. We’ve created a financial literacy program to help take the mystery out of these important topics and provide answers that can help you make smart decisions about your money.

Ally Wallet Wise is a free financial education program that teaches consumers the basics of personal finance. Ally Wallet Wise offers community-based, in-person sessions, as well as online courses through www.allywalletwise.com. Both options are available at no cost to consumers. Topics covered include Credit, Budget, Banking & Investing and Automotive. The website and in-person classes offer:
• Exercises to educate consumers on personal finance concepts.
• Real-life scenarios to help consumers navigate challenges in personal finance.
• Resources for consumers to obtain additional support.

Ally Financial has teamed with community organizations across the country to teach the in-person Wallet Wise sessions. These organizations are equipped with workbooks and presentation materials that have been structured to teach consumers in an atmosphere that is fun, interactive and conducive to learning. Consumers can learn about upcoming sessions in their community by visiting www.allywalletwise.com.

Ally originally launched its financial literacy program as SmartEdge by GMAC in 2002. The program, curriculum and website have been updated as Ally Wallet Wise to reflect the most recent personal finance information and resources for consumers. The information is presented in a straightforward manner to be engaging and easy to understand.

Employee Volunteerism – Give Dollars and Give Hours
In addition to the Ally Wallet Wise program, Ally employees also help the company to make an impact in the community through financial literacy. In 2013, Ally held 17 volunteer events and fundraisers with six Junior Achievement offices across the country, The Institute for Financial Literacy and Jump$tart. The efforts resulted in more than 1,300 volunteer hours, donations from employees and a Group Give Dollars and Give Hours match donation from Ally. Created to encourage employee giving and volunteerism, the Group Give Dollars and Give Hours program gives a monetary donation from Ally to eligible charitable organizations for volunteer time and donations made by employees.

Ally Financial is committed to promoting financial literacy in the community.  We are looking to build awareness for Ally Wallet Wise as well as create volunteer opportunities for our employees where they can promote financial literacy.

Jacqueline Howard
Community Relations Manager
Ally Financial
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