Ally Financial (ALLY) to Sell Credit Card Business to CardWorks

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 7/7/2026

1. SPCX
2. CRNX
3. VRTX
4. WMT
5. LMT
6. RXST
7. SPY
8. SPGI
9. RIVN
10. CMPS

Go back to Ally Financial (ALLY) to Sell Credit Card Business to CardWorks

Ally and CardWorks Reach Agreement on Sale of Ally's Credit Card Business

January 22, 2025 7:28 AM EST

Sale enables Ally to be more focused on its core businesses; acquisition enhances CardWorks' position as a leading credit card issuer and servicer

CHARLOTTE, N.C. and WOODBURY, N.Y., Jan. 22, 2025 /PRNewswire/ -- Ally Financial Inc. (NYSE:ALLY) and CardWorks, Inc. today announced that they have entered into a definitive agreement for CardWorks, and its wholly-owned bank subsidiary,... More