Hey, this looks nice. It’s a new bank. They even have “NO SNEAKY DISCLAIMERS” as part of their little ad. They offer pretty good rates and … wait a second:
We are Ally Bank, built on the foundation of GMAC Financial Services. And with that experience we’ve learned that these times demand change and a new way of doing business. So we’re taking banking in a new direction.
I wonder how much of the bailout funds GMAC received went into changing the brand. Though, to be honest, that’s probably the best use of bailout funds I’ve seen.
On the other hand, their mission statement makes them sound like a used car salesman.