Ally is a leading digital financial services company with a full suite of financial products and services, including banking, auto finance, and online investing offerings. Ally is known for its unique culture, simple approach and customer-centric business philosophy. Ally believes in giving back to the communities in which employees live and work. To that end, the company works to support efforts that increase economic mobility for individuals, families, and communities with a focus on financial education, affordable housing and digital job training and workforce preparedness. This focus provides individuals and communities with greater access to financial education and resources that they can use to enrich their lives and improve their financial well-being.
WHAT WE OFFER
- Banking: Ally’s award-winning online bank makes banking easier with a simpler, smarter experience and great rates.
- Auto Finance: Ally offers consumer auto financing through dealers and provides tailored products, support, and training to help dealers grow their business. Ally serves almost 18,000 dealers and more than 4 million customers in the U.S.
- Home Loan: A variety of fixed and adjustable rate home loans with extra savings for Ally customers.
- Investing: Ally Invest offers a wide selection of resources to help investors of all experience levels manage their investments.
In December 2018, Ally launched a collaboration with entertainer and entrepreneur Sean “Big Sean” Anderson and the Thurgood Marshall College Fund (TMCF) to create Moguls in the Making, a competition to prepare and empower young black entrepreneurs.
Moguls in the Making aligns with Ally’s support of economic mobility for all and the goal of helping residents of underserved communities gain tools to enhance their career opportunities and financial trajectory. It is proof of Ally’s commitment to diversity and inclusion, and a work environment where all backgrounds, experiences, interests, and skills are respected, appreciated and encouraged.
Out of more than 500 applicants, Ally and TMCF selected 50 students from 10 Historically Black Colleges and Universities to compete in the weekend-long challenge. In addition to hearing from Ally CEO Jeff Brown, the students participated in mentoring sessions, heard from local business leaders, and attended a financial education class. During the competition, they developed business plans that included solutions to economic issues facing various industries in Detroit. Divided into groups of five, the students pitched their solutions to a panel of judges including Sean ‘Big Sean’ Anderson, entertainer and founder of The Sean Anderson Foundation; Andrea Brimmer, Ally chief marketing and public relations officer; Tommey Walker, principal of Detroit vs. Everybody; and George Spencer, executive vice president of business development, Innovation and Entrepreneurship at the Thurgood Marshall College Fund.
The team from Florida A&M University was selected as the winner of Moguls in the Making. Their winning idea was developed to address the finance and banking needs of small businesses in Detroit. Ally’s CEO Jeffrey Brown was so impressed with all of the young Moguls, that he extended the ability to apply for an internship to, not only the members of the winning team but to every participant. Ally is expecting up to 15 students from the competition to accept internship positions this summer.
Planet Zeee and the Money Tree
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Natalie Brown, Director of Corporate Philanthropy