Ally Financial Inc. (Cd) Certificate Of Deposit Complaints

Review and analysis of over 134 (Cd) Certificate Of Deposit complaints against Ally Financial Inc.

Ally Financial Inc. consumers have reported over 134 official complaints related to (CD) Certificate of deposit. Out of the 134 consumer complaints against Ally Financial Inc., 16% were disputed by the consumer (i.e. the consumer was not happy with how Ally Financial Inc. responded to their complaint) and 100% were processed in a timely manner. 25% of consumer complaints against Ally Financial Inc. resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 10% resulted in non-monetary compensation.

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New (Cd) Certificate Of Deposit Consumer Complaints


Ally Financial Inc. Bank account or service account opening, closing, or management

January 5, 2017 - Ally Bank currently has - Raise Your Rate CD products - a - CD that allows you to raise your rate once during the life of the product and a - CD that allows you to raise the - twice during the life of the product. Currently, the initial rates for the - and - -yr are - and -, respectively. The reason consumers went into these products was so they did n't get stuck when interest rates started to rise - just as the product was marketed by Ally. Now that interest rates have started to increase neither of these rates has budged. Ally is not being competitive with these rates...

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Ally Financial Inc. Bank account or service account opening, closing, or management

November 21, 2016 - I was informed - certificates of deposits were closed as being dormant, even though they were rolled over just this year. The funds were sent to the State of New Jersey, though the state has no record of the transfer. Not only did I not think the accounts were dormant, I received emails from the bank ( Ally Bank ) when they were rolled over saying, " The loyalty reward at renewal is automatic, you do n't have to do a thing. '' - CDs had a rollover within the last calendar year, which belies the bank 's claim that the accounts were dormant for 18 months....

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Ally Financial Inc. Bank account or service deposits and withdrawals

November 3, 2016 - I called ALLY BANK on -/-/2016 on behalf of my mother who has two cd accounts and a money market checking account there. She - the -/-/2016 and the retirement home raised her monthly rent to $5500.00 from $3200.00 as her care level increased. My mother went thru the verification process and had Ally talk to me. One of the cds was maturing on -/-/2016 and I told them I needed to have $55000.00 transfered into the money market account so I could have her write a check to herself and deposit it in to her - checking. I waited until - to deposit that check in to - and shortl...

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Ally Financial Inc. Bank account or service account opening, closing, or management

August 27, 2016 - I opened - CD with Ally Bank five years ago the maturity was - -, 2016, we closed the CD on - -, 2016 and did not receive interest from -/-/- till -/-/-. I can not find my disclosure but I thought that they pay interested in the grace period. I called and they told me that do not pay interest because I close the account. Can you tell me if this is common practice?...

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Ally Financial Inc. Bank account or service deposits and withdrawals

June 14, 2016 - I have CDs with Ally Bank which were expiring on - -. Ally Bank automatically renewed those CDs into a 5 year term and when I called in to complain and move the money out they want to charge an $80.00 fee per CD. This seems grossly unfair to me...

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Ally Financial Inc. Bank account or service deposits and withdrawals

June 6, 2016 - My CD matured on -/-/2016. Prior to the due date I contacted Ally Bank to arrange for a partial redemption on the CD on the maturity date. I have spent literally hours on the phone and on hold trying to get a portion of my maturing CD funds transferred to my checking account. As of - - I am still on hold trying to get my funds sent that were supposed to be sent on - -. ...

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Ally Financial Inc. Bank account or service account opening, closing, or management

April 7, 2016 - I have a CD maturing at Ally Bank in 2 days. I called to renew it. - told me she would renew a 5 yr CD @ 2 %, with a 2 month interest penalty for premature withdrawal. I asked her to put it in writing ( email ), she said she could not. Her word is good enough??? Are you kidding?? I suspect they are lying on the phone. ...

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Ally Financial Inc. Bank account or service account opening, closing, or management

February 23, 2016 - I applied for a 18 mo. CD at Ally Bank for $75000.00. They withdrew that amount twice with authorization for only one. It resulted in insufficient funds charge on the checking account from which it was withdrawn. They refused to interrupt the transfer and I was charged $34.00 by my bank for the ISF. I received confirmation of only - transfer but they still contend I made - requests. The branch manager at my checking account bank called Ally while I was in the office and they agreed to return the second $75000.00. They will not pay the cost of doing so. I told them I wanted the whol...

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Ally Financial Inc. Bank account or service account opening, closing, or management

February 9, 2016 - Ally Bank does not know how regulates them. I wanted to submit a complaint and they do not have a clue. ...

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Ally Financial Inc. Bank account or service account opening, closing, or management

February 1, 2016 - I forwarded a check, in the sum of $100000.00 to ALLY Bank BY - # - for the purpose of opening - accounts, Check was received - -. Since then they have not been able to locate the funds or find out what is going on. - supervisor advised that the money was received and that the accounts are being worked on - I asked that he e-mail info to me - but that was days ago and has not happened. I have been on the phone with over - " supervisors '' at the bank, but all they want isthe answer to - questions to identify me, DESPITE the fact that I was just transferred to them b...

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Ally Financial Inc. Bank account or service deposits and withdrawals

November 12, 2015 - Mailing of proceeds of account closeouts from Ally Bank appear to be unduly and purposefully delayed so that Ally Bank benefits from holding onto the related funds at the expense of account owners. ...

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Ally Financial Inc. Bank account or service account opening, closing, or management

October 19, 2015 - Ally Bank refused to transfer a matured CD IRA account by trustee to trustee transfer as I requested well in advance. They failed to disclose a signature guarantee requirement. They made me take it as a distribution causing needless delay, loss of interest income and red tape in my doing a rollover. They benefited by the delay in having the money for an additional number of weeks. They admitted being arbitrary and unnecessary in requiring a signature guarantee when they already had a signature agreement on file. ...

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Ally Financial Inc. Bank account or service deposits and withdrawals

August 13, 2015 - This is an urgent complaint against Ally Bank. I had an IRA ( traditional retirement account ) certificate of deposit ( CD ) with Ally Bank. It came due last month. Ally Bank has confirmed that it closed my IRA-CD on its maturity date last month per routine and correct prodedures. But Ally has not - and will not - return my IRA money to me. I have contacted Ally Bank customer service many times, spoken to many people. They can provide me with no evidence that a check was sent to me. They stall, give excuses, refer me to other people in customer service who do n't know how to resolve this. I ...

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