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Ally Financial Inc. (known as GMAC until 2010) is a bank holding company incorporated in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan.The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and other related financing services such as installment sale and lease agreements.
In April 2009, GMAC Financial Services, now Ally Financial, announced plans to move its corporate center from Ballantyne to 106,525 square feet (9,896.5 m 2) on four floors of 440 South Church, with possible expansion later. At the time, GMAC had 265 Charlotte employees in three business units, with plans to cut as many as 60 jobs.
GMAC's other products include the Graduate Management Admission Search Service (GMASS), a searchable database of more than 350,000 GMAT Exam and mba.com registrants. [9] Admissions professionals can also use GMATCH, GMAC's two-day online global recruiting event. [10] In 2013, GMAC launched the Reflect Self-Assessment and Development Tool.
GMAC ResCap (Residential Capital), which includes GMAC Mortgage Graduate Management Admission Council , an international association of business schools GMA Canada , the Gospel Music Association of Canada, formerly the CGMA
National General Insurance, formerly the GMAC Insurance Group is a Winston-Salem, North Carolina–based property and casualty insurance company. The company was founded in 1920. The company was founded in 1920.
GMAC Real Estate was founded in 1998, when GMAC (now Ally Financial) bought the Better Homes and Gardens Real Estate brand from Meredith Corporation. [2]In 2001, John Bearden was named president and CEO of GMAC Home Services, the parent company of GMAC Real Estate.