There are several ways you can add money to your accounts. You can transfer money from another bank or an Ally Bank account. We also offer Ally eCheck Deposit℠  to deposit checks. You can also send a wire transfer or mail checks to:

Ally Bank

P.O. Box 13625

Philadelphia, PA 19101-3625

Make sure checks are properly endorsed on the back with For Deposit Only and the signatures of all payees. Please don’t send cash.

You can also set up direct deposit with your employer. Direct Deposit (PDF)

You can make six withdrawals and transfers per statement cycle from your Online Savings Account. The limit is set by federal law for electronic and telephone transactions from all U.S. savings and money market accounts. Please remember, you will be charged a $10 fee for each transaction that exceeds this limit.

You can withdraw money in 4 ways:

• Online funds transfer
  
• Outgoing wire transfer
• Telephone transfer
• Check request

You should know that there are a few guidelines to these transactions:

You can always call us and request a check made out to you. You can also make unlimited deposits. But, Federal law limits other electronic, telephone and check transactions to a total of 6 per statement cycle. These limited transactions can be to other accounts or to a third party. If you go over the limit we charge $10 per transaction.

The main difference is the way you access your money. A money market account gives you more access because you can be issued a debit card and checks. An online savings account doesn't include checks or a debit card.

Discover more about our Online Savings and Money Market accounts. Also, find out how we can help you reach your financial goals when you're starting to save.