FAQ - How do I open a certificate of deposit?

How do I open a certificate of deposit?

You can open our High Yield Certificate of Deposit and No Penalty Certificate of Deposit in one of three ways: open an account online, call us at 877-247-Ally (2559), or download a printable application and mail it to the address on the application. Be sure to choose Single/Joint application, Custodial application, or Trust application.

You can fund your certificate of deposit in two ways: immediately by using online funds transfer, or by mailing in a check. Just remember, your rate won't be locked in until we receive your funds. If the rate changes before the funds are received, you will get the rate in effect at that time. If you want to guarantee your rate when you open your account, simply fund your account via online transfer.