Ally Bank CDs???

[LarryTheRenter]

Anybody use Ally Bank for CDs…their rates are higher than any other bank….I believe this was formed from the ashes of GMAC financial..But they are FDIC insured so there shouldn’t be a problem right??

One year CD 2.8%…can’t find anything better…

http://www.ally.com/compare-savings-cds.html

[asragov]

Ally Bank is being accused essentially of using taxpayer subsidies to offer high deposit rates by the American Bankers Association:

http://zerohedge.blogspot.com/2009/06/aba-accuses-gmac-of-unfair-depositor.html

[asragov]

Ally Bank is being accused essentially of using taxpayer subsidies to offer high deposit rates by the American Bankers Association:

http://zerohedge.blogspot.com/2009/06/aba-accuses-gmac-of-unfair-depositor.html

[asragov]

Ally Bank is being accused essentially of using taxpayer subsidies to offer high deposit rates by the American Bankers Association:

http://zerohedge.blogspot.com/2009/06/aba-accuses-gmac-of-unfair-depositor.html

[asragov]

Ally Bank is being accused essentially of using taxpayer subsidies to offer high deposit rates by the American Bankers Association:

http://zerohedge.blogspot.com/2009/06/aba-accuses-gmac-of-unfair-depositor.html

[asragov]

Ally Bank is being accused essentially of using taxpayer subsidies to offer high deposit rates by the American Bankers Association:

http://zerohedge.blogspot.com/2009/06/aba-accuses-gmac-of-unfair-depositor.html

[alarmclock]

I set up a (smallish) CD online, I was impressed with their web operations and how easy it was, I have not spoken to a single person and I got my signature cards in the mail. As to the high rates, yes, it is moral hazard and they are overpaying for deposits right now. I fully expect them to go under.

[alarmclock]

I set up a (smallish) CD online, I was impressed with their web operations and how easy it was, I have not spoken to a single person and I got my signature cards in the mail. As to the high rates, yes, it is moral hazard and they are overpaying for deposits right now. I fully expect them to go under.

[alarmclock]

I set up a (smallish) CD online, I was impressed with their web operations and how easy it was, I have not spoken to a single person and I got my signature cards in the mail. As to the high rates, yes, it is moral hazard and they are overpaying for deposits right now. I fully expect them to go under.

[alarmclock]

I set up a (smallish) CD online, I was impressed with their web operations and how easy it was, I have not spoken to a single person and I got my signature cards in the mail. As to the high rates, yes, it is moral hazard and they are overpaying for deposits right now. I fully expect them to go under.

[alarmclock]

I set up a (smallish) CD online, I was impressed with their web operations and how easy it was, I have not spoken to a single person and I got my signature cards in the mail. As to the high rates, yes, it is moral hazard and they are overpaying for deposits right now. I fully expect them to go under.

[Author]

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