1. Ally Bank received 'Outstanding' rating from the Federal Reserve's CRA evaluation. 2. This marks Ally's fourth consecutive top rating since 2017. 3. Ally's community development efforts totaled $2.68 billion for 2023-2024. 4. Funds include $1.47 billion for affordable housing and $734 million in loans. 5. Ally is in the top 15% of evaluated U.S. financial institutions.
This recognition enhances Ally's reputation, potentially attracting more customers and investors. Historical examples show similar ratings often lead to positive stock performance.
The CRA rating promotes Ally's public image and market position, which is vital for financial institutions. The positive impact on brand perception aligns with investor preferences for socially responsible companies.
Continued commitment to community investment strengthens Ally's brand and may boost customer loyalty over time.
Federal Reserve recognition highlights deep, long-term commitment to community investment
SALT LAKE CITY, Aug. 18, 2025 /PRNewswire/ -- Ally Bank, the nation's largest all-digital bank with an industry-leading auto financing business, announced today that it has received an "Outstanding" rating on its most recent Community Reinvestment Act (CRA) performance evaluation by the Federal Reserve Board. Since 2017 Ally Bank has earned the highest possible rating four consecutive times. This distinction places Ally among the top 15% of U.S. financial institutions evaluated under the CRA.
"Ally's fourth consecutive 'Outstanding' CRA rating reflects that doing right by our communities is foundational to our long-term business success," said Ally chief legal and corporate affairs officer, Hope Mehlman. "This rating is a testament to the strength of our CRA program and the passion our teams bring to serving their communities."
As part of the most recent exam period (2023-2024), Ally delivered on its community reinvestment mission through $2.68 billion of community development loans and investments, including:
The rating affirms Ally's long-standing commitment to expanding access to capital in low- and moderate-income (LMI) communities across the country. Impactful examples include:
Adopted in 1977, the CRA requires federally insured deposit-taking institutions to support the borrowing needs of all the communities where they do business, including low– and moderate–income areas. Banks are rated during periodic evaluation intervals for their lending, investments, and service activities.
For more information about Ally's community development efforts are available here.
Ally Bank, Member FDIC
About Ally Financial
Ally Financial Inc. (NYSE:ALLY) is a financial services company with the nation's largest all-digital bank and an industry-leading auto financing business, driven by a mission to "Do It Right" and be a relentless ally for customers and communities. The company serves customers with deposits and securities brokerage and investment advisory services as well as auto financing and insurance offerings. The company also includes a seasoned corporate finance business that offers capital for equity sponsors and middle-market companies. For more information, please visit www.ally.com.
For more information and disclosures about Ally visit https://www.ally.com/#disclosures.
For further images and news on Ally, please visit http://media.ally.com.
Contacts:
Alex Moore
Ally Communications
Alex.moore@ally.com
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SOURCE Ally Financial