Millennials Represent Nearly 3 of 5 New 1Q Account Openings at Ally

The Detroit, Mich.-based online-only bank, Ally Financial, had 120,000 new deposit customers in the first quarter on 2019, CEO Jeff Brown said on the bank's 1Q earnings call Thursday, bringing the Ally’s total depositor count to 1.77 million — a 20% YoY increase. CFO Jennifer LaClair said new customers accounted for 56% of Ally's balance ...Read More

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