Ally Bank is a unit of Ally Financial (formerly GMAC), which became a bank holding company in December 2008. Ally Bank offers a wide range of financial services, including online banking, mortgage lending (home financing/refinancing), and auto financing (auto financing, auto leasing). It also offers FDIC-insured savings products, including no-penalty certificates of deposit (CDs), online savings accounts, money market accounts and interest checking accounts. Total assets: US$ 172 billion (as of December 31, 2010). Net income: US$ 1.075 billion (2010).