Posted by
13 Grandmas on Sunday, June 07, 2009 12:00:00 AM
The day after General Motors became the property of the United States Government, adds began appearing about Ally Bank (AllyBank.com). It emphasized that this was a bank that treats its customers fairly and "does the right thing." This sounded awfully familiar, so I looked it up. I should have hardly been surprised that it was a "bank" built upon the rotting bones of GMAC Financial Services. The classic Obama language was the trigger that made me suspicious.
Here, on the rubble of GMAC is a bank that does not lend...it only holds your money at a slightly higher rate, with reduced fees...for what sinister purpose, Mr. Obama...supporting your new car company that doesn't have chance of succeeding? It attempts to sell potential depositors on being a more moral and better bank, by building the Marxist Big Lie on non events of banks cheating customers with hidden fees. Last I saw, full disclosure was a federal mandate for banks.
To quote the website: "We're a bank that values integrity as much as deposits. A bank that will always be open, accountable, and honest. Yes, honest. We won't deal in half truths, kindatruths (sic), or truths only buried in fine print. That's because we don't have anything to hide. We're always going to give it to you straight."
Potential customers beware. Run away from this bank before it takes a penny of your money.