For many years, keeping money safe seemed like a simple, straightforward matter. Other than during times of recession, confidence in banks remained relatively high. While a skeptical minority may have preferred to keep cash hidden at home rather than in a savings account, most people have long relied on banks for their savings and checking needs.
These days, many people are concerned about the system that once seemed to work so well. As you consider the best options for keeping money safe, you may be one of those who wonder, "What should I really be doing with my money right now?"Rest assured that a bank is still among the best options for keeping money safe. Like every FDIC-insured bank, Ally Bank deposits are insured by the Federal Deposit Insurance Corporation (FDIC) up to the maximum allowed by law. The proverbial cash under the mattress not only doesn’t enjoy that protection, but also decreases in buying power with inflation in the economy.
At Ally Bank, we are committed to making saving as easy, secure and rewarding as it can be. As an online bank, we avoid the expense of maintaining physical locations so we can pass that savings along to you in the form of great rates. It's easy to open an account with us; you can open and fund any account with any amount. Bank at your own convenience online, by phone or ATM. You can make deposits with online transfers, free postage-paid envelopes or Ally eCheck℠ Deposit℠, which lets you scan and submit checks online. Online transfers are simple and our bill pay service is free. You don't pay for account alerts and notifications, and you get real help from customer care associates available 24/7.
Learn more about how you can keep your money safe and working for you at Allybank.com or call live, 24/7 customer care at 877-247-ALLY (2559) today.