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17 Banks Succeed Where Ally Financial Fails

This article summarizes the details of a hypothetical situation that the Federal Reserve is analyzing with regards to banks. The Fed’s main goal in this scenario is to determine 18 specific banks’ capability of surviving an economics downturn. Of the 18 banks tested, Ally Financial was the only one with insufficient capital to withstand this hypothetical test. Ally Financial, however, believes that the test is flawed and does not fully analyze all variables in the situation.

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The author has many years of experience in automotive finance and insurance. However, each consumer's situation is unique. It is best to contact a finance specialist for further assistance.
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