![]() ![]() ![]() Consolidated Statements of Financial Condition (Unaudited Financials) as of 12-31-2019. A replay of the webcast will also be made available on the Ally Investor Relations website. Please dial 85 (or +1-40 for international access) and enter the conference ID code 2455427 to access the taped replay. ![]() ET.Īrchive: A taped replay of this call will be made available from 11:00 a.m. The presentation will be posted in the Events & Presentations section of Ally’s Investor Relations website on February 19, 2020, at approximately 7:00 a.m. The conference call will also be webcast live on Ally’s Investor Relations website in the Events & Presentations section ( ). The call will include a discussion of the transaction followed by a question and answer session with management from Ally and CardWorks.Ĭonference Call Information: Dial 84 (or +1-50 for international access) at least 10 minutes prior to the start time and enter the conference ID code 2455427. Upon completion of the transaction, Ally will provide over 11 million customers in all 50 states with compelling secured and unsecured banking products.Īlly and CardWorks will hold a joint conference call to discuss the transaction on Wednesday, Februat 8:00 a.m. These additional capabilities immediately enhance Ally’s award-winning direct bank deposit and consumer product platform and complement the company’s market-leading auto finance, insurance, and commercial product lines. The acquisition of CardWorks will further diversify Ally’s product offerings, adding an established credit card platform, full-spectrum servicing and recovery operation and a nationwide merchant acquiring business. Under the terms of the agreement, Merrick Bank, a wholly owned subsidiary of CardWorks, Inc., will merge into Ally Bank. Cardworks is a privately held company with $4.7 billion in assets and $2.9 billion in deposits. (NYSE: ALLY) announced today that it has entered into a definitive agreement to acquire CardWorks in a transaction valued at approximately $2.65 billion. Also, you should read and understand how that site's privacy policy, level of security and terms and conditions may impact you.ĬHARLOTTE, Febru/PRNewswire/ - Ally Financial Inc. Get insight into CardWorks Acquiring - Merchant Services Dive deep into company history, current jobs, hiring trends, demographics, and company reviews. We are not responsible for the products, services or information you may find or provide there. Selecting Listen to Webcast will take you to a website that Ally Bank does not own or control. ![]()
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