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Ally Financial Inc. (NYSE: ALLY) is a prominent digital financial services company and one of the top 25 U.S. financial holding companies. Established in 1919 and rebranded in 2009, Ally has since focused on delivering innovative financial solutions with a strong customer-centric approach. Ally's offerings span across consumer and business financial products, including award-winning online banking services through Ally Bank (Member FDIC), comprehensive auto financing, insurance, wealth management, and corporate finance.
The company is a leader in auto finance, holding one of the largest full-service auto finance operations in the U.S., alongside a robust auto-focused insurance business. Ally also offers a growing wealth management and brokerage platform, providing a wide range of investment services. The corporate finance division supports equity sponsors and middle-market companies with essential capital solutions.
Recent strategic moves include the acquisition of Ally Lending by Synchrony, enhancing its home improvement and health financing capabilities, alongside new national media and sponsorship agreements with the WNBA and Las Vegas Aces, reflecting Ally's commitment to media equity and women's sports.
Financially, Ally maintains a diverse loan portfolio with significant consumer and dealer auto loans, commercial loans, and mortgage debt holdings, positioning itself as a resilient and adaptable financial institution. With more than 11 million customers, Ally continues to prioritize technological advancements and customer satisfaction, striving to 'Do It Right' for its clients and communities alike.
Ally Financial Inc. (NYSE: ALLY) has declared a quarterly cash dividend of $0.19 per share, payable on May 14, 2021 to shareholders on record as of April 30, 2021. This decision reflects the company's strong financial position, with $182.2 billion in assets as of December 31, 2020. Ally is recognized as a leading digital financial services provider, focusing on customer satisfaction and innovative solutions across various financial sectors, including automotive finance and online banking.
Ally Financial is enhancing Financial Literacy Month this April with multiple interactive programs aimed at improving Americans' financial knowledge, which has declined since 2009. Initiatives include the launch of the children's book "Emma and the Cosmo Phone" featuring augmented reality, a day of financial learning at CAMP retail stores on April 24, and the Ally Investing Challenge beginning April 20 for Black and Hispanic college students. These efforts aim to engage younger audiences in personal finance through fun, relatable experiences.
Ally Financial Inc. (NYSE: ALLY) will release its first quarter 2021 financial results on April 16, 2021, at 7:30 a.m. ET. The results will be shared via PR Newswire and on the Ally Press Room website. A conference call is scheduled for the same day at 9 a.m. ET, where management will discuss the performance and address questions. Interested parties can join the call by dialing 844-530-6677 (or +1-508-637-5641 internationally) using the conference ID 4390986. A taped replay will be available from April 16 to April 23.
Ally Financial announces a partnership with NASCAR driver Alex Bowman and Best Friends Animal Society to enhance animal welfare across the U.S. Starting with a $33,000 donation to local shelters during NASCAR events, Ally aims to support rescue initiatives and raise awareness for animal adoption. Bowman's special pet-inspired paint scheme on his car will debut on March 14 at Phoenix Raceway. For every race win in 2021, Ally will increase its donation for local shelters. This collaboration emphasizes Ally's commitment to community engagement and animal welfare.
Ally Financial recently highlighted Hiester Automotive Group's innovative response to the pandemic, restoring classic cars to keep mechanics employed. Owner John Hiester purchased over a dozen classic cars, ensuring steady work for staff during challenging times. The initiative not only supported employees but also raised funds for charity through an upcoming auction. In line with this, Ally will donate $25,000 to train future auto technicians, addressing the industry's demand for skilled workers. The project is documented in a new streaming series, showcasing the restoration process.
Ally Lending, a division of Ally Financial (NYSE: ALLY), has launched financing solutions for patients at Western Dental & Orthodontics to enhance access to dental care. This partnership, starting as a pilot in 43 locations, aims to alleviate financial barriers for patients seeking dental services amid limited insurance coverage. With a fully digital application process, patients can pre-qualify for loans without impacting their credit score. Ally Lending has been involved in dental financing since 2015 and aims to expand this service across all 326 Western Dental offices in the future.
Ally Financial will present at the Credit Suisse Virtual Financial Services Forum on February 26, 2021, at approximately 9:40-10:20 a.m. ET. CFO Jenn LaClair will represent the company during this session. A live video webcast will be available on their Investor Relations website. Ally Financial, a leading digital financial-services company with $182.2 billion in assets as of December 31, 2020, aims to provide innovative financial solutions and exceptional customer service.
On February 9, 2021, Rick DeSilva Jr., owner of Liberty Subaru in Emerson, New Jersey, was named the 2021 TIME Dealer of the Year at the NADA Show, sponsored by Ally Financial. DeSilva's community efforts during the pandemic and as vice president of the Mahwah Board of Education were highlighted. Ally will donate $10,000 to his chosen charity and $5,000 to each finalist's charity. DeSilva, selected from nearly 17,000 dealers, is recognized for his commitment to community service, education, and business leadership.
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