CardWorks agreed to buy the business, including a $2.3 billion credit-card loan portfolio with 1.3 million active cardholders ...

Ally Financial Inc. (NYSE: ALLY) and CardWorks, Inc. today announced that they have entered into a definitive agreement for CardWorks, and its wholly-owned bank subsidiary, Merrick Bank, to acquire ...

The auto lender is selling its credit card business and halting new mortgage loans, abandoning its once-broader ambitions.

Ally reached an agreement to sell its credit card business to CardWorks, incurring a $118 million partial goodwill impairment excluded from adjusted metrics. The purpose of the divestiture is to ...

A Record Number of Consumers Are Making Minimum Credit Card Payments As Delinquencies Also Rise ...

Ally Financial Inc. (NYSE:ALLY) also announced that it had reached an agreement with CardWorks, Inc. and its bank subsidiary, Merrick Bank, on the sale of Ally’s credit card business.

Ally Financial Inc. (NYSE:ALLY) also announced that it had reached an agreement with CardWorks, Inc. and its bank subsidiary, Merrick Bank, on the sale of Ally’s credit card business.

Ally Financial’s fourth-quarter auto originations climbed year over year as the bank prioritized its auto lending business.

Commissions do not affect our editors' opinions or evaluations. Ally Bank is a full-service online bank that offers high APYs on savings accounts and CDs, and scores high on customer satisfaction ...

Ally Financial Inc. reached a deal to offload its credit-card unit to CardWorks Inc., bowing out of a business it entered ...