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No Penalty CD FAQs

  • Can I withdraw money from my No Penalty CD before it matures?

    Yes. You can withdraw all of your money without penalty any time after the first 6 days following the date you fund your account.

    Keep in mind: you can only withdraw your full balance early – you can't make a partial early withdrawal.

  • How do I make an early withdrawal from my No Penalty CD?

    You can make an early withdrawal in online banking:

    • Log in to your account
    • Go to the Main Menu , then Manage CDs
    • Select Early Withdrawal

    You can call us 24/7 at 1-877-247-2559.

    Or, mail your request to us at:

    Ally Bank
    P.O. Box 951
    Horsham, PA 19044